DGAP-News: GEA Group Aktiengesellschaft / Key word(s): Quarterly / Interim Statement GEA Group Aktiengesellschaft: GEA announces figures for the first quarter 04.05.2018 / 07:30 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- GEA announces figures for the first quarter Düsseldorf (Germany), May 4, 2018 - Thanks to robust growth in small and mid-sized orders, GEA's order intake in the first quarter of 2018 almost matched the level of the previous year. Although no orders were posted with a volume in excess of EUR 15 million, order intake amounted to EUR 1,103 million. In the same period GEA increased its revenue to EUR 1,039 million. Organic growth, adjusted for exchange rate and acquisition effects, stood at 4.5 percent. While the Business Area Equipment even recorded double-digit organic growth, the figure for the Business Area Solutions remained at the previous year's level. Operating EBITDA declined to almost EUR 67 million. "As announced at the beginning of April with the preliminary figures for the first quarter, GEA is still operating in a challenging environment. As a result, we posted currency-related costs and disproportionate growth in revenue from our lower-margin product groups. Likewise, there was a weak result in the US and a lower gross margin especially in the Business Area Solutions," stated Jürg Oleas, CEO of GEA, in his assessment of the quarterly results. IFRS key figures1 of GEA (EUR million) Q1 2018 Q1 2017 Cha- nge in % Results of operations Order intake 1,102.6 1,136.0 -2.- 9 Revenue 1,039.4 1,003.9 3.5 Order backlog 2,401.0 2,388.9 0.5 Operating EBITDA2 66.6 96.4 -31- .0 as % of revenue 6.4 9.6 - Operating EBIT2 43.8 76.3 -42- .7 as % of revenue 4.2 7.6 - EBIT 23.5 63.6 -63- .0 Net assets Working capital intensity in % (average of the 15.6 15.4 - last 12 months) Net liquidity (+)/Net debt (-) -162.9 718.2 - Financial position Operating cash flow driver margin in %3 9.1 8.0 - ROCE in % (goodwill adjusted)4 13.6 16.5 - Full-time equivalents (reporting date) 18,073 17,035 6.1 GEA Shares Earnings per share (EUR) 0.02 0.29 -93- .7 1) The key figures for the constant exchange rates are presented on page 5 of the quarterly statement. 2) Before effects of purchase price allocations and adjustments 3) Operating cash flow driver = operating EBITDA - capital expenditure + adjustment of capital expenditure in strategic projects - change in working capital (average of the last 12 months) 4) Capital employed excluding goodwill from the acquisition of the former GEA AG by former Metallgesellschaft AG in 1999 (average of the last 12 months) Corporate Media and Press: Marc Pönitz Peter-Müller-Str. 12, 40468 Düsseldorf, Germany Phone +49 211 9136-1500 [email protected] About GEA GEA is one of the largest suppliers for the food processing industry and a wide range of other industries that generated consolidated revenues of approximately EUR 4.6 billion in 2017. The international technology group focuses on process technology, components and sustainable energy solutions for sophisticated production processes in various end-user markets. The group generates around 70 percent of its revenue in the food and beverages sector that enjoys long-term sustainable growth. As of December 31, 2017, the company employed about 18,000 people worldwide. GEA is a market and technology leader in its business areas. The company is listed on the German MDAX (G1A, WKN 660 200). In addition, GEA's stock is included in the MSCI Global Sustainability Indexes. Further information is available on the Internet at gea.com. Contact: GEA Group Aktiengesellschaft Phone +49 (0)211 9136 1492 Fax +49 (0)211 9136 31087 gea.com --------------------------------------------------------------------------- 04.05.2018 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 --------------------------------------------------------------------------- 682313 04.05.2018