Brief: GEA Group Confirms Outlook For 2024

GEA AG

08/05/2024 06:33

May 8 (Reuters) - GEA GROUP AG  G1AG.DE :
    * GEA GROUP AG - OUTLOOK FOR 2024 FISCAL YEAR CONFIRMED
    * GEA GROUP AG - GEA TO BEGIN SECOND TRANCHE OF SHARE
BUYBACK
PROGRAM IN JUNE 2024
    * GEA GROUP AG - EARNINGS PER SHARE INCREASED
CORRESPONDINGLY FROM
EUR 0.47 TO EUR 0.53
    * GEA GROUP AG - EARNINGS PER SHARE BEFORE RESTRUCTURING
EXPENSES
AMOUNTED TO EUR 0.59, COMPARED TO EUR 0.54 IN THE PRIOR-YEAR
QUARTER
    * GEA GROUP AG - PROFIT FOR THE PERIOD WENT UP BY 10.9
PERCENT IN
THE FIRST THREE MONTHS OF 2024 TO EUR 90.6 MILLION (Q1 2023: EUR
81.7 MILLION)
    * GEA GROUP AG -  EBITDA MARGIN INCREASED FURTHER BY 1.0
PERCENTAGE POINT TO 14.5 PERCENT (Q1 2023: 13.5 PERCENT)

Further company coverage:  G1AG.DE 

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