GEA reported Q1 22 results close to expectations, with a 9% beat on the order intake. The NWC/sales is getting back to higher, yet normalised, levels as inventories increase in line with the inflation of raw materials. The additional cost headwinds are expected to be fully covered by the price mix, in FY22 at least. Overall, this highlights the radical improvement of the company’s internal management over the last few quarters, which keeps on delivering results while showing good forecasting ski ....
09 May 2022
Q1 22: another well managed quarter and consensus-beating order intake
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Q1 22: another well managed quarter and consensus-beating order intake
GEA Group Aktiengesellschaft (G1A:ETR) | 0 0 0.0%
- Published:
09 May 2022 -
Author:
Martin Schnee | Valentin Mory -
Pages:
3
GEA reported Q1 22 results close to expectations, with a 9% beat on the order intake. The NWC/sales is getting back to higher, yet normalised, levels as inventories increase in line with the inflation of raw materials. The additional cost headwinds are expected to be fully covered by the price mix, in FY22 at least. Overall, this highlights the radical improvement of the company’s internal management over the last few quarters, which keeps on delivering results while showing good forecasting ski ....