GEA Group

Global Advanced Packaging Market to Reach $48.3 Billion by 2026

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Wednesday, August 18, 2021
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SAN FRANCISCO, Aug. 18, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Advanced Packaging - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, Aug. 18, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Advanced Packaging - Global Market Trajectory & Analytics" .
  • Preview Registry
    Amid the COVID-19 crisis, the global market for Advanced Packaging estimated at US$32.5 Billion in the year 2020, is projected to reach a revised size of US$48.3 Billion by 2026, growing at a CAGR of 6.6% over the analysis period.
  • The U.S. Market is Estimated at $9.4 Billion in 2021, While China is Forecast to Reach $7.6 Billion by 2026
    The Advanced Packaging market in the U.S. is estimated at US$9.4 Billion in the year 2021.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

DGAP-News: GEA Group Aktiengesellschaft: 2021.08.13. GEA gains further momentum in second quarter - significant rise in order intake and earnings

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Friday, August 13, 2021
Growth, EBITDA, CEO, Board of directors, Program, Treasury, GEA Group, Acquisition, Federal Executive Boards, Efficiency, ROCE, EBIT, COVID-19, Annual general meeting, Annual, Group, Capital market, GEA, Review, Video game, Pharmaceutical industry, Film

"The climbing order intake in the second quarter confirms the trend from the preceding quarters: our business is gaining momentum across all of the company's divisions and regions," said Stefan Klebert, CEO of GEA Group AG.

Key Points: 
  • "The climbing order intake in the second quarter confirms the trend from the preceding quarters: our business is gaining momentum across all of the company's divisions and regions," said Stefan Klebert, CEO of GEA Group AG.
  • In the second quarter, order intake rose by 25.1 percent to EUR 1,294 million.
  • The prior-year quarter had been impacted by Covid-19, with an order intake of EUR 1,034 million.
  • At 11.5 percent, the improvement in order intake in the first half of the year was also significant on an organic basis.

DGAP-News: GEA Group Aktiengesellschaft: GEA raises outlook for fiscal year 2021 and publishes preliminary figures for the second quarter

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Friday, July 30, 2021
GEA Group, Gea, Industry economics), Secondary sector of the economy, Economic taxonomy

Demand for our components, plants, and services continues to grow," commented Stefan Klebert, CEO of GEA Group AG.

Key Points: 
  • Demand for our components, plants, and services continues to grow," commented Stefan Klebert, CEO of GEA Group AG.
  • Following a strong first quarter of 2021, key financial indicators continued to develop very well in the second quarter based on preliminary figures.
  • GEA will publish its full half-year report 2021 as planned on August 13, 2021.
  • With more than 18,000 employees, the group generated revenue of more than EUR 4.6 billion in fiscal year 2020.

DGAP-News: GEA Group Aktiengesellschaft: GEA donates EUR 100,000 to assist flood victims in Germany and China

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Tuesday, July 27, 2021
GEA Group, Gea, Gea, Industry economics)

Dsseldorf (Germany), July 26, 2021 - In the wake of the recent devastating floods, GEA is assisting those in need by donating a total of EUR 100,000.

Key Points: 
  • Dsseldorf (Germany), July 26, 2021 - In the wake of the recent devastating floods, GEA is assisting those in need by donating a total of EUR 100,000.
  • "The extreme weather events in Germany and China are a stark reminder that climate change is the world's most pressing challenge.
  • Every business has a responsibility to consistently pursue their efforts to protect our planet," says Stefan Klebert, CEO of GEA Group AG.
  • The Executive Board of GEA has pledged to donate a total of EUR 80,000 to various, selected projects in Germany.

DGAP-News: GEA Group Aktiengesellschaft: Marcus Ketter to continue as CFO of GEA until 2027

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Friday, June 25, 2021
GEA Group, Ketter, Gea, Industry economics), Economic taxonomy

Dsseldorf (Germany), June 25, 2021 - Dsseldorf, June 24, 2021 - The Supervisory Board of GEA Group Aktiengesellschaft extended the appointment of Marcus A. Ketter (53) as the company's Chief Financial Officer by five years - until May 19, 2027 - at its meeting yesterday.

Key Points: 
  • Dsseldorf (Germany), June 25, 2021 - Dsseldorf, June 24, 2021 - The Supervisory Board of GEA Group Aktiengesellschaft extended the appointment of Marcus A. Ketter (53) as the company's Chief Financial Officer by five years - until May 19, 2027 - at its meeting yesterday.
  • "We are delighted that with Marcus Ketter, we will jointly continue GEA's success story in the coming years," commented Klaus Helmrich, Chairman of the Supervisory Board of GEA Group AG.
  • The Supervisory Board is pleased that Marcus Ketter will build on these successes going forward."
  • GEA plants, processes and components help achieve significant reductions in carbon emissions, plastic use and food waste in production worldwide.

DGAP-News: GEA Group Aktiengesellschaft: GEA raises the bar in mechanical engineering industry: Net-zero greenhouse gas emissions by 2040

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Thursday, June 17, 2021
GEA Group, Gea, Industry economics), Secondary sector of the economy, GEA Refrigeration Technologies, Economic taxonomy

GEA Group Aktiengesellschaft: GEA raises the bar in mechanical engineering industry: Net-zero greenhouse gas emissions by 2040

Key Points: 
  • GEA Group Aktiengesellschaft: GEA raises the bar in mechanical engineering industry: Net-zero greenhouse gas emissions by 2040
    The issuer is solely responsible for the content of this announcement.
  • With the corresponding climate targets, GEA is making a clear commitment to achieve net-zero greenhouse gas (GHG) emissions along its entire value chain by 2040.
  • We are pursuing the most comprehensive and ambitious climate strategy in the mechanical engineering industry," says Stefan Klebert, CEO GEA Group AG.
  • Compared to the baseline year 2019, GEA aims to:
    To reduce its Scope 1 and 2 emissions, GEA is pursuing multiple initiatives.

DGAP-News: GEA Group Aktiengesellschaft: Sign of recognition: GEA pays Corona Bonus worldwide

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Thursday, June 10, 2021
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In Germany, the amount of the voluntary payment per employee is EUR 500 and is tax- and social security-free.

Key Points: 
  • In Germany, the amount of the voluntary payment per employee is EUR 500 and is tax- and social security-free.
  • Any entitlements under collective labor agreements shall remain unaffected by this bonus payment.
  • "With this bonus payment, we want to send a clear signal of recognition and thanks for the exceptional performance of our workforce during the pandemic," comments Stefan Klebert, CEO of GEA Group AG.
  • GEA plants, processes and components help achieve significant reductions in carbon emissions, plastic use and food waste in production worldwide.

DGAP-News: GEA Group Aktiengesellschaft: New members elected to GEA Supervisory Board - Klaus Helmrich takes over Supervisory Board Chairmanship

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Friday, April 30, 2021
Industry economics), Manufacturing, Companies, GEA Group, Siemens, Supervisory board

At this meeting, former Siemens AG Managing Board member Klaus Helmrich was elected as its new Chairman.

Key Points: 
  • At this meeting, former Siemens AG Managing Board member Klaus Helmrich was elected as its new Chairman.
  • They are part of the reason why GEA is currently so well positioned despite the challenging economic environment," said Stefan Klebert, CEO of GEA Group AG.
  • "\nAt today\'s AGM, the shareholder representatives on the Supervisory Board were newly elected for a four-year term.
  • In addition, Holly Lei, Klaus Helmrich and Professor J\xc3\xbcrgen Fleischer were appointed as new Supervisory Board members.

DGAP-News: GEA Group Aktiengesellschaft: GEA significantly increases profitability in 2020 and expects revenue and earnings growth in 2021

Retrieved on: 
Thursday, March 4, 2021
GEA Group

Despite the Covid-19 pandemic, both order intake (EUR 4,703 million) and revenue (EUR 4,635 million) declined only slightly.

Key Points: 
  • Despite the Covid-19 pandemic, both order intake (EUR 4,703 million) and revenue (EUR 4,635 million) declined only slightly.
  • The company expects increased revenue and earnings in 2021.
  • We delivered on our promises and in some cases even exceeded them," said Stefan Klebert, CEO GEA Group AG.
  • Due to the pandemic, the Group order intake of EUR 4,703 million in 2020 was 4.6 percent below the 2019 level (EUR 4,931 million).

DGAP-News: GEA Group Aktiengesellschaft: GEA extends contract of CEO Stefan Klebert until 2026

Retrieved on: 
Wednesday, February 10, 2021
GEA Group, Gea, Secondary sector of the economy, Manufacturing, Industry economics)

Dsseldorf, February 10, 2021 - At its meeting yesterday, the Supervisory Board of GEA Group Aktiengesellschaft extended the contract of CEO Stefan Klebert (55) by five years until December 31, 2026.

Key Points: 
  • Dsseldorf, February 10, 2021 - At its meeting yesterday, the Supervisory Board of GEA Group Aktiengesellschaft extended the contract of CEO Stefan Klebert (55) by five years until December 31, 2026.
  • "I would like to thank the Supervisory Board for the trust they have placed in me," commented Stefan Klebert, CEO of GEA Group AG.
  • Shortly after Stefan Klebert took over as CEO in 2019, GEA initiated and consistently implemented several projects to improve efficiency.
  • Stefan Klebert became CEO in February 2019 and has been a member of the Executive Board since November 2018.