Corporate | 12 January 2015 13:00
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GEA Group Aktiengesellschaft / Key word(s): Forecast/Incoming Orders
GEA raises revenue expectations for fiscal 2014 Düsseldorf/New York, January 12, 2015 – To accompany an investor conference in New York, Düsseldorf-based engineering company GEA announced that organic revenue growth in fiscal 2014 is now expected to amount to approximately 5 percent. It thus lies within the expected long-term growth corridor for organic revenue of 4 to 6 percent. Prior to this, the Group had only been expecting moderate organic revenue growth for 2014. As a result of the stable order intake in the second half of the year compared with the prior-year period, the preliminary order intake for the past fiscal year amounts to EUR 4.5 billion. It should be emphasized that, despite the increasingly tense global economic situation, GEA remained committed to its policy of consciously selecting orders on the basis of their price quality and contract terms. GEA will issue preliminary key figures for fiscal 2014 and the outlook for 2015 on February 4, 2015. The audited annual report will be published on March 9, 2015.
About GEA Group
If you do not want to receive any further information from GEA Group Aktiengesellschaft, please send an email to pr@gea.com or call us. Contact:GEA Group Aktiengesellschaft Phone +49 211 9136 1492 Fax +49 211 9136 31087 www.gea.com 2015-01-12 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
| 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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