GEA’s consensus-beating Q1 figures (sales: +3.0%; adjusted EBITDA: +5.7%) confirmed our recently adopted more optimistic stance on profitability in that the higher share of the service business had the expected positive effect. Order intake continued to improve compared with an already-high prior year basis.

08 May 2023
Guidance increase on the back of a strong order book

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Guidance increase on the back of a strong order book
GEA Group Aktiengesellschaft (G1A:ETR) | 0 0 0.0%
- Published:
08 May 2023 -
Author:
Martin Schnee -
Pages:
4 -
GEA’s consensus-beating Q1 figures (sales: +3.0%; adjusted EBITDA: +5.7%) confirmed our recently adopted more optimistic stance on profitability in that the higher share of the service business had the expected positive effect. Order intake continued to improve compared with an already-high prior year basis.