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GEA Group Q4 Revenue Up 27% - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

GEA Group AG (G1A.DE,GEAGY.PK,GEAGF.PK) reported a 27% growth in its fourth-quarter 2011 revenue to 1.63 billion euros from 1.29 billion euros a year earlier, with the Group's order intake rising 20% to 1.50 billion euros from last year's 1.25 billion euros.

For fiscal 2012, GEA anticipates that demand in its sales markets would match the high levels seen in 2011. Based on this assumption, the company sees a rise in order intake by up to 5 percent. Revenue should rise by at least 5 percent.

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