GEA will release its Q1 accounts on 9 May, but it has given the order inflow number for the last quarter. This amounted to €1.14bn, which is an increase of 1.5%. The change rates were +10% in Q1 15, -2% in Q2, and -9% in Q3 last year. Orders received from milk processors were up, but they fell from farmers for milking equipment and from the oil and gas industries.
20 Apr 2016
Order inflow growth moderated to +1.5% in Q1 16
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Order inflow growth moderated to +1.5% in Q1 16
GEA Group Aktiengesellschaft (G1A:WBO) | 0 0 0.5% | Mkt Cap: 7,394m
- Published:
20 Apr 2016 -
Author:
Hans-Peter Wodniok -
Pages:
2
GEA will release its Q1 accounts on 9 May, but it has given the order inflow number for the last quarter. This amounted to €1.14bn, which is an increase of 1.5%. The change rates were +10% in Q1 15, -2% in Q2, and -9% in Q3 last year. Orders received from milk processors were up, but they fell from farmers for milking equipment and from the oil and gas industries.