GEA continues on successful path
Order intake up 20% on prior-year quarter
“The year-on-year reduction in our working capital is particularly encouraging,” said Jürg Oleas, Chairman of the Executive Board of GEA Group Aktiengesellschaft. “This contributed to an improvement in our net debt, which declined by EUR 117 million as against the prior-year figure.” Commenting on market developments, Oleas added: “The positive trends from the second quarter continued in Q3. As a result, we are confirming our previous outlook for the fiscal year.”
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