GEA raises forecast for EBITDA margin and ROCE for fiscal year 2024

Düsseldorf, July 10, 2024 – Due to the very positive operating performance in the first half of fiscal year 2024, GEA Group Aktiengesellschaft is significantly raising its forecast for the EBITDA margin before restructuring expenses for the full year 2024. Based on preliminary figures, GEA now expects a corridor of 14.9 to 15.2 percent (previously: 14.5 to 14.8 percent). GEA is also raising its outlook for the return on capital employed (ROCE) to between 32.0 and 35.0 percent (previously: 29.0 to 34.0 percent). The guidance for organic revenue growth of 2.0 to 4.0 percent is confirmed.