07.02.2017 GEA Group Aktiengesellschaft  DE0006602006

DGAP-News: GEA Group Aktiengesellschaft: GEA releases preliminary figures and decides share buyback program


 
DGAP-News: GEA Group Aktiengesellschaft / Key word(s): Preliminary Results/Forecast GEA Group Aktiengesellschaft: GEA releases preliminary figures and decides share buyback program 07.02.2017 / 07:30 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- GEA releases preliminary figures and decides share buyback program Düsseldorf, February 7, 2017 - Düsseldorf-based engineering group GEA has just published preliminary figures for the 2016 financial year, together with a business outlook for 2017. According to the data released, order intake rose to EUR 4,673 million on the back of very significant growth in the food sector. As last predicted in October 2016, revenue fell moderately to EUR 4,492 million. The group's operating EBITDA amounted to EUR 566 million and this too was in line with last autumn's forecast. As regards its operating cash flow driver, the company posted a ratio to revenue of 9.5 percent last year. "The general geopolitical climate became highly volatile in the course of the 2016 financial year. That said, implementation of our new group structure steadily gained in momentum in the course of the year and this helped us to hold our ground in this challenging market environment and to tap into emerging markets more effectively. However, the underlying economic uncertainties are not going to diminish in the foreseeable future and that goes for the current business year 2017 too," explained Jürg Oleas, CEO of GEA. "So, at the moment, it's difficult to say how our individual markets are going to fare. In particular, recent and upcoming elections in key sales markets are making it virtually impossible to predict the shape of the future political framework and its potential for business and the economy. Furthermore, current forecasts from important food producers are more cautious than they were for 2016. In order to best prepare ourselves to face the present challenges, we've already launched several new strategic projects such as the one in the field of our manufacturing footprint that is currently in the detailed design phase." GEA is looking to achieve moderate growth in revenue, an operating EBITDA of between EUR 620 million and EUR 670 million, and an operating cash flow driver margin before investments in strategic projects of between 8.5 and 9.5 percent for the 2017 financial year. This forecast is subject to there being no slowdown in global economic growth and no material adverse currency impacts. Further, the outlook presupposes an absence of serious slumps in demand from relevant customer industries or shifts between these industries which could negatively impact margins. Already on Monday, the Executive Board of GEA Group Aktiengesellschaft decided with the consent of the Supervisory Board, that the Company shall purchase own shares in an aggregate value of up to EUR 450 million with the purpose of cancellation during the period from March 1, 2017 through February 28, 2018. Since all the figures for the 2016 financial year are preliminary, they have yet to be audited. The consolidated financial statements for the GEA group and the annual financial statements for GEA Group Aktiengesellschaft are being prepared by the Executive Board and will be approved by the Supervisory Board. The annual report with the management report and the consolidated financial statements will be published on the GEA website on March 10, 2017. Preliminary IFRS indicators (EUR million) 2016 2015 Order Intake 4,673.6 4,590.1 Revenue 4,491.9 4,599.3 Operating EBITDA 1) 566.3 621.0 as % of revenue 12.6 13.5 Operating EBIT 1) 485.0 538.8 as % of revenue 10.8 11.7 EBIT 383.6 309.4 Operating Cash flow driver 2) as % of revenue 9.5 10.3 ROCE in % 3) 16.7 14.6 Employees (FTE as of reporting date) 16,937 17,533 1) Before effects of purchase price allocations and adjustments (see GEA's half-yearly financial report 2016, p. 42) 2) Operating Cash flow driver = Operating EBITDA - Capital expenditure - Change in Working Capital (average of the past 12 months) 3) Capital employed excluding ca. EUR800m goodwill from the acquisition of the former GEA AG by former Metallgesellschaft AG in 1999 (average of the past 12 months) Corporate Media and Press: Marc Pönitz Peter-Müller-Str. 12, 40468 Düsseldorf, Germany Phone +49 (0)211 9136-1500 [email protected] About GEA GEA is one of the largest suppliers for the food processing industry and a wide range of process industries that generated consolidated revenues of approximately EUR 4.5 billion in 2016. As an international technology group, the Company focuses on process technology and components for sophisticated production processes in various end-user markets. The Group generates more than 70 percent of its revenue in the food sector that enjoys long-term sustainable growth. As of December 31, 2016, the Company employed about 17,000 people worldwide. GEA is a market and technology leader in its business areas. The Company is listed on Germany's MDAX (G1A, WKN 660 200). In addition, GEA's share is a constituent of the MSCI Global Sustainability Indexes. Further information is available on the Internet at gea.com. If you do not want to receive any further information from GEA, please send an email to [email protected]. Contact: GEA Group Aktiengesellschaft Phone +49 (0)211 9136 1492 Fax +49 (0)211 9136 31087 gea.com --------------------------------------------------------------------------- 07.02.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: GEA Group Aktiengesellschaft Peter-Müller-Straße 12 40468 Düsseldorf Germany Phone: +49 (0)211 9136-0 Fax: +49 (0)211 9136-31087 E-mail: [email protected] Internet: www.gea.com ISIN: DE0006602006 WKN: 660200 Indices: MDAX Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich; Regulated Unofficial Market in Hanover, Stuttgart, Tradegate Exchange End of News DGAP News Service --------------------------------------------------------------------------- 542239 07.02.2017


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 4.604,51 4.828,21 4.879,70 4.635,05 4.702,91 5.164,71 5.373,49
EBITDA1,2 563,90 431,20 374,40 478,33 569,27 654,04 713,77
EBITDA-Marge3 12,25 8,93 7,67 10,32 12,11 12,66
EBIT1,4 380,91 259,78 -109,09 221,18 379,71 460,98 519,70
EBIT-Marge5 8,27 5,38 -2,24 4,77 8,07 8,93 9,67
Jahresüberschuss1 243,31 113,53 -170,67 96,83 305,17 401,43 392,76
Netto-Marge6 5,28 2,35 -3,50 2,09 6,49 7,77 7,31
Cashflow1,7 262,00 262,66 478,00 715,22 682,00 469,33 533,57
Ergebnis je Aktie8 1,31 0,63 -0,95 0,54 1,70 2,28 2,28
Dividende8 0,85 0,85 0,85 0,85 0,90 0,95 0,80
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: KPMG

INVESTOR-INFORMATIONEN
©boersengefluester.de
GEA Group
WKN Kurs in € Einschätzung Börsenwert in Mio. €
660200 39,190 Kaufen 6.753,65
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
14,51 23,65 0,62 28,69
KBV KCV KUV EV/EBITDA
3,03 12,66 1,26 8,94
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,95 1,00 2,55 30.04.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
08.05.2024 07.08.2024 06.11.2024 07.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
5,17% 8,60% 3,98% -6,91%
    
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