Picture of GEA AG logo

G1A — GEA AG News Story

0.000.00%
de flag iconLast trade - 00:00
IndustrialsConservativeLarge CapHigh Flyer

GEA Group seen up after Q2 beat, guidance upgrade

BUZZ-GEA Group seen up after Q2 beat, guidance upgrade

** Shares in GEA Group G1AG.DE are seen almost 4% up in pre-market indications after the firm reported Q2 figures ahead of consensus and lifted its guidance

** The supplier of components in the food and beverages industry posted Q2 adjusted EBITDA of €250 million ($285.20 million) and guided for a 2026 organic growth rate of 6.0% to 8.0%, up from 5.0% to 7.0%

** "Company held a positive pre-close call but consensus beating preliminary figures and new guidance are a positive surprise," says a local trader

($1 = 0.8766 euros)


(Reporting by Paolo Laudani in Gdansk)

((Paolo.laudani@thomsonreuters.com))

Recent news on GEA AG

See all news