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Food solution integration costs hit otherwise satisfactory GEA Q1 results
date:May 11, 2012
ncouraging development,said Jurg Oleas, company executive board chairman.This is why the food and beverage sector expanded by 38%, increasing its share of GEAs business to more than 55%. Small orders with a volume of less than EUR 1 million also contributed in particular to this increase, exceeding the threshold of 1bn for the first time in Q1.


Outlook


GEA forecast steady growth in order intake and sales of around 5% for the remainder of 2012. Operating EBIT margin would remain stable compar

03/06 03:12