GEA released preliminary 2016 order inflow and revenue numbers and ‘adjusted’ EBITDA and EBIT numbers. Final accounts are due out on 10 March. Order inflow was down by 1.7% to €1.22bn in Q4 but up by 1.8% to €4.67bn in the full year. The respective revenue numbers were -3.2% to €1.29bn and -2.3% to €4.49bn. Management’s ‘operating’ EBITDA and EBIT numbers also fell faster in the last quarter than before. EBITDA was down by 11% to €215m in
07 Feb 2017
Poor earnings but share buy-back announced
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Poor earnings but share buy-back announced
GEA Group Aktiengesellschaft (G1A:WBO) | 0 0 0.5% | Mkt Cap: 7,394m
- Published:
07 Feb 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
GEA released preliminary 2016 order inflow and revenue numbers and ‘adjusted’ EBITDA and EBIT numbers. Final accounts are due out on 10 March. Order inflow was down by 1.7% to €1.22bn in Q4 but up by 1.8% to €4.67bn in the full year. The respective revenue numbers were -3.2% to €1.29bn and -2.3% to €4.49bn. Management’s ‘operating’ EBITDA and EBIT numbers also fell faster in the last quarter than before. EBITDA was down by 11% to €215m in