Q1 2023 Results
Stefan Klebert, CEO
Marcus A. Ketter, CFO
Düsseldorf, May 5, 2023
Disclaimer
This presentation contains forward-looking statements. Forward-looking statements may include, in particular, statements about future events, future financial performance, plans, strategies, expectations, prospects, competitive environment, regulation and supply and demand. Statements with respect to the future are characterized by the
use of words such as "expect", "intend", "plan", "anticipate", "believe", "estimate" and similar terms. Forward-looking statements are based on our current assumptions and forecasts. These statements naturally entail risks and uncertainties, which may cause the actual results of operations, financial position or performance to diverge materially from the estimates given here. Factors that could cause such a divergence include, inter alia, changes in the economic and business environment, fluctuations in exchange rates and interest rates, launches of competing products,
poor acceptance of new products or services, and changes in business strategy. Given these uncertainties, readers should not put undue reliance on any forward-looking statements. We undertake no obligation to update or revise any forward-looking statements.
Due to rounding, the sum of percentages of order intake and sales by region as well as by customer industry may vary from 100%.
Q1 2023 Results | 2 |
Highlights Q1 2023
Stefan Klebert, CEO
Q1 2023 Results
GEA with profitable growth in Q1 2023
Q1 2023 | Q1 2022 | |
Order Intake | €1,581m | €1,544m | ||
Sales | €1,271m | €1,126m | ||
EBITDA2 | €172m | |||
margin | 13.5% | |||
ROCE2,333.1%
∆ YoY
+2.4%
+3.9% organic1
+12.8%
+13.9% organic1
+24.3%
+1.2%p
+3.8%p
1 Organic order intake and sales growth is calculated based on the reported order intake and sales deducted by the disposed businesses. The same calculation applies to all divisions I 2 Before restructuring expenses I 3 Capital employed average of the last 4 quarters
Q1 2023 Results | 4 |
Upgraded Guidance FY 2023
Upgraded guidance
Prior guidance
Prior year
Organic sales
(currency and portfolio adjusted)
% YoY
>8
>5
€5,165m
EBITDA1
(Before restructuring expenses)
€m
upper part of
730-790
730- 790
712
ROCE1
(Before restructuring expenses)
%
>32.0
≥29.0
31.8
In addition, GEA targets to further improve its EBITDA margin before restructuring expenses to ≥14.0%
1 Based on constant exchange rates; for our divisional guidance, please see our Q1 2023 report on page 14.
Q1 2023 Results | 5 |
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GEA Group AG published this content on 05 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 May 2023 05:58:06 UTC.