GEA had a very weak Q2 15 and, based on these low numbers, order inflow increased by 6.4% to €1.22bn (+4.0% to €2.37bn in H1) while the respective revenue numbers were +0.5% to €1.16bn and -2.7% to €2.1bn. The book-to-bill ratio of 1.13 for H1 is a very good number compared to previous H1 numbers. At a glance, the profit numbers are superb. H1 EBIT improved from €47m in 2015 to €167m and net earnings from €19m to €117m.
28 Jul 2016
Headline numbers improve in Q2
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Headline numbers improve in Q2
GEA Group Aktiengesellschaft (G1A:WBO) | 0 0 0.5% | Mkt Cap: 7,394m
- Published:
28 Jul 2016 -
Author:
Hans-Peter Wodniok -
Pages:
2
GEA had a very weak Q2 15 and, based on these low numbers, order inflow increased by 6.4% to €1.22bn (+4.0% to €2.37bn in H1) while the respective revenue numbers were +0.5% to €1.16bn and -2.7% to €2.1bn. The book-to-bill ratio of 1.13 for H1 is a very good number compared to previous H1 numbers. At a glance, the profit numbers are superb. H1 EBIT improved from €47m in 2015 to €167m and net earnings from €19m to €117m.