Brief: GEA Group Aktiengesellschaft Raises Guidance For EBITDA Margin Before Restructuring Expenses And Roce For The Financial Year 2024

GEA AG

10/07/2024 15:10

July 10 (Reuters) - GEA Group AG  G1AG.DE :
    * ERAISES GUIDANCE FOR EBITDA MARGIN BEFORE RESTRUCTURING
EXPENSES
AND ROCE FOR THE FINANCIAL YEAR 2024
    * RAISING ITS GUIDANCE FOR FINANCIAL YEAR 2024 FOR EBITDA
MARGIN
BEFORE RESTRUCTURING EXPENSES FROM PREVIOUSLY 14.5 TO 14.8
PERCENT TO 14.9 TO 15.2
    * GUIDANCE FOR ORGANIC SALES GROWTH OF 2 TO 4 PERCENT FOR
FINANCIAL YEAR 2024 IS CONFIRMED
    * RAISES ROCE FROM PREVIOUSLY 29 TO 34 PERCENT TO 32 TO 35
PERCENT

Source text for Eikon:  ID:nEQ5wlcDXa 
Further company coverage:  G1AG.DE 

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