GEA sees strong order intake in fourth quarter
The engineering group GEA confirmed at an investor conference in New York that order intake had proved stronger in Q4 than in any other quarter in 2011.
“2011 was a very good year for GEA. Order intake continued strong until the end of the year, after already in November we had reported several major orders to the GEA Heat Exchangers Segment totaling around EUR 140 million. We are now predicting for 2011 an order intake of EUR 5.6 billion which would be at the upper end of the range forecast previously" said Helmut Schmale, CFO of GEA Group Aktiengesellschaft.
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