Last $43.40 USD
Change Today 0.00 / 0.00%
Volume 0.0
GEAGF On Other Exchanges
Symbol
Exchange
Xetra
OTC US
OTC US
Stuttgart
As of 8:10 PM 08/4/14 All times are local (Market data is delayed by at least 15 minutes).

gea group ag (GEAGF) Snapshot

Open
$43.40
Previous Close
$43.40
Day High
$43.40
Day Low
$43.40
52 Week High
01/23/14 - $48.96
52 Week Low
09/17/13 - $40.00
Market Cap
8.4B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
192.5M
EX-Date
04/17/14
P/E TM
--
Dividend
$0.63
Dividend Yield
1.91%
Current Stock Chart for GEA GROUP AG (GEAGF)

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gea group ag (GEAGF) Details

GEA Group Aktiengesellschaft provides process technology and components for production processes primarily for the food industry. Its GEA Farm Technologies segment offers solutions for milk production and livestock farming, including milking equipment; parlor and herd management systems; automatic milking systems; hygiene products for animal, equipment, and farm; milk cooling systems; barn equipment; automatic feeding systems; manure technology; and consultancy and design services. Its GEA Mechanical Equipment segment provides separators, decanters, ceramic membrane elements, valves, pumps, and homogenizers for various industries. This segment also manufactures machinery for preparing, marinating, processing, cutting, and packaging of meat, poultry, fish, cheese, and other food products. The company’s GEA Process Engineering segment provides process solutions for the dairy, brewery, food, pharmaceutical, and chemical industries. This segment’s solutions include liquid processing, concentration, industrial drying, powder processing and handling, emission control, solid dosage processing, and aseptic packaging. Its GEA Refrigeration Technologies segment develops, constructs, installs, services, and maintains components and technical solutions for refrigeration, such as piston compressors, compact piston compressors, screw compressors, packaged systems and skids, chillers, heat pumps, ice machines, freezers, dryers, electronic controls, and purgers. It serves food, dairy, beverages, energy, breweries, pharma and cosmetics, chemistry, environment, and marine industries in Germany, North America, Latin America, the Middle East, the Asia Pacific, Africa, and rest of Europe. The company was formerly known as Metallgesellschaft until 2000 and then as mg technologies ag and changed its name to GEA Group Aktiengesellschaft in 2005. GEA Group Aktiengesellschaft was founded in 1881 and is headquartered in Düsseldorf, Germany.

18,186 Employees
Last Reported Date: 07/29/14
Founded in 1881

gea group ag (GEAGF) Top Compensated Officers

Chairman of Executive Board, Chief Executive ...
Total Annual Compensation: €2.1M
Chief Financial Officer and Member of Executi...
Total Annual Compensation: €550.0K
Member of Executive Board and President of GE...
Total Annual Compensation: €707.7K
Labor Relations Director and Member of Execut...
Total Annual Compensation: €943.5K
Compensation as of Fiscal Year 2013.

gea group ag (GEAGF) Key Developments

GEA Group AG to Introduce New Group Structure; to Cut 1,000 Jobs in Next 2-3 Years

GEA Group AG announced that its Executive Board resolved to introduce a new group structure within the scope of its 'Fit for 2020' initiative. In the course of 2015, GEA will bundle the development and manufacturing of products and the provision of process solutions into the two new Business Areas, Equipment and Solutions and will report accordingly. The current segments will be integrated into these two Business Areas. All customer-oriented Sales and Service activities are to be combined on a local level into one organization per country. With project 'Fit for 2020', the target is to achieve annual cost savings of at least EUR 100 million by the end of 2017. The cash-relevant non-recurring expenditures until then are likely to add up to around the amount of the annual savings. Based on August 21, 2014 business volume, the implementation measures will include world-wide personnel capacity reductions of about 1,000 full-time equivalents over the next 2-3 years. However, the exact number of adjustments, the timeline and affected locations are subject to further analyses during the Blueprint Detailing phase.

GEA Group Aktiengesellschaft Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

GEA Group Aktiengesellschaft has reported that profit for the second quarter ended June 30, 2014 was EUR 80.8 million, or EUR 0.42 per share, compared to EUR 75.4 million, or EUR 0.39 per share, for the same quarter ended June 30, 2013. Revenue for the second quarter ended June 30, 2014 was EUR 1.12 billion, compared to EUR 1.06 billion for the same quarter ended June 30, 2013. Profit for the six months ended June 30, 2014 was EUR 128 million, or EUR 0.66 per share, compared to EUR 116.2 million, or EUR 0.6 per share, for the same period ended June 30, 2013. Revenue for the six months ended June 30, 2014 was EUR 2.07 billion, compared to EUR 1.99 billion for the same period ended June 30, 2013.

GEA Group Aktiengesellschaft Announces Financial Results for the Second Quarter of 2014; Reaffirms Earnings Guidance for the Year of 2014

GEA Group Aktiengesellschaft announced financial results for the second quarter of 2014. For the quarter, the operating EBIT is up by 8% over prior year or plus EUR 8 million in absolute terms, and cross funding EBIT margin climbed up to 9.8%, also a new high for second quarter. The guidance for the year 2014 for continued operations, the company confirms the guidance, which it gave for the continued operations of the group at the beginning of the year, which means in particular, it expects the sales volume to grow moderately the operating EBIT to be in the range between EUR 550 million and EUR 590 million, and the cash flow driver margin between 9% and 9.5%, but also have taken into consideration that of course, excludes any unexpected economic downturn.

 

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Industry Analysis

GEAGF

Industry Average

Valuation GEAGF Industry Range
Price/Earnings 22.0x
Price/Sales 1.4x
Price/Book 2.8x
Price/Cash Flow 18.3x
TEV/Sales 1.1x
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