Düsseldorf/New York, January 11, 2012 – The engineering group GEA confirmed at an investor conference in New York that order intake had proved stronger in Q4 than in any other quarter in 2011.
“2011 was a very good year for GEA. Order intake continued strong until the end of the year, after already in November we had reported several major orders to the GEA Heat Exchangers Segment totaling around EUR 140 million. We are now predicting for 2011 an order intake of EUR 5.6 billion which would be at the upper end of the range forecast previously" said Helmut Schmale, CFO of GEA Group Aktiengesellschaft.
GEA will issue preliminary key figures for fiscal 2011 and the outlook for 2012 at the annual financial press conference in Düsseldorf on February 6, 2012.
About GEA Group
GEA Group Aktiengesellschaft is one of the largest suppliers of process technology and components for the food and energy industries. As an international technology group, the Company focuses on sophisticated production processes. In 2010, GEA generated consolidated revenues in excess of EUR 4.4 billion, 70 percent of which came from the food and energy sectors, which are long-term growth industries. The group employed about 23,000 people worldwide as of September 30, 2011. GEA Group is a market and technology leader in its business areas. It is listed in Germany’s MDAX stock index (G1A, WKN 660 200).