Corporate | 7 May 2013 17:33

GEA Group Aktiengesellschaft: Correction – GEA receives several large orders

GEA Group Aktiengesellschaft / Key word(s): Incoming Orders

07.05.2013 / 17:33

(Correction: removal of May inside the headline and the first sentences)
GEA receives several large orders

Düsseldorf, May 7, 2013 – GEA Group recently received three large orders worth about EUR 90 million. Glanbia, the international nutritional solutions and cheese group, ordered a milk powder plant worth about EUR 50 Million to be built in Ireland. This new powder plant for whole, skim and enriched milk will exclusively utilize GEA process technology and comprises the process steps milk reception, standardization, evaporation, drying, powder transport and packaging. Furthermore, in a still challenging business environment GEA Heat Exchangers won two orders worth about EUR 40 Million for cooling-systems for power plants to be built in China.

‘These recent large orders suggest that demand is continuing on a stable level. Our customers obviously trust the quality and efficiency of our process technology solutions. In our Segment GEA Heat Exchangers, we now seem to be harvesting the benefits of earlier restructuring efforts which helped our competitiveness’, observed Jürg Oleas, CEO of GEA Group Aktiengesellschaft.

About GEA Group
GEA Group Aktiengesellschaft is one of the largest suppliers of process technology and components for the food and energy industries. As an international technology group, the Company focuses on sophisticated production processes. In 2012, GEA generated consolidated revenues in excess of EUR 5.7 billion, 70 percent of which came from the food and energy sectors, which are long-term growth industries. The group employed about 24,500 people worldwide as of March 31, 2013. GEA Group is a market and technology leader in its business areas. It is listed in Germany’s MDAX stock index (G1A, WKN 660 200) and the STOXX ^(R) Europe 600 Index. Further information is available on the Internet at: www.gea.com .

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Contact:
GEA Group Aktiengesellschaft
Phone +49 (0)211 9136 1492
Fax +49 (0)211 9136 31087
www.gea.com

End of Corporate News

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Language:	English
Company:	GEA Group Aktiengesellschaft
	Peter-Müller-Straße 12
	40468 Düsseldorf
	Germany
Phone:	+49 (0)211 9136-0
Fax:	+49 (0)211 9136-31087
E-mail:	ir@gea.com
Internet:	www.gea.com
ISIN:	DE0006602006
WKN:	660200
Indices:	MDAX
Listed:	Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime Standard), Hamburg, München; Freiverkehr in Hannover, Stuttgart

End of News DGAP News-Service

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