GEA significantly increases profitability in 2020 and expects revenue and earnings growth in 2021

In 2020, GEA further strengthened its operational results and its financial and net asset position in a highly challenging economic environment. Despite the Covid-19 pandemic, both order intake (EUR 4,703 million) and revenue (EUR 4,635 million) declined only slightly. EBITDA before restructur-ing measures (EUR 532 million) and ROCE (17.1 percent) increased substantially. Net liquidity also rose significantly, increasing by EUR 374 million to EUR 402 million. On this basis, GEA will propose a stable dividend of EUR 0.85 per share to its shareholders. The company expects increased revenue and earnings in 2021.