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GEA announces figures for the third quarter
2017/11/05
3 Nov 2017
GEA’s order intake in the third quarter of 2017 was EUR 1,057 million and 2.5 percent below the previous year’s level. In terms of revenue, the Business Area (BA) Solutions in particular made gains, with overall group revenue increasing by 2.7 percent to EUR 1,131 million.
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The dairy processing and dairy farming applications were significant sources of momentum here. The three regions Western Europe, Middle East & Africa, and Latin America and DACH & Eastern Europe all posted significant growth in revenue. Operating EBITDA rose to EUR 121 million, an increase of 7.0 percent compared with the same period in the previous year. Adjusted for the EUR 14.5 million in additional costs for filling machines included in this total, operating EBITDA in the quarter under review amounted to EUR 135 million.
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