GEA Achieves Financial Targets Early, Announces Plans for 2030

GEA Group Aktiengesellschaft has announced that it met its mid-term financial targets ahead of schedule and has unveiled ambitious plans for 2030. The company reached the goals set in its Mission 26 growth strategy two years early and aims for continued growth under its new Mission 30 strategy.

Among the new targets, GEA plans to increase organic revenue by over 5% annually and raise its EBITDA margin to 17-19% by 2030. Additionally, it aims to boost the return on capital employed to over 45% and grow the share of revenue from sustainable solutions to more than 60%.

GEA's CEO, Stefan Klebert, emphasized the company's focus on digital solutions, resource-saving innovations, and an expanded service business. The company also plans to enhance its digital and AI capabilities, aiming for 35,000 connected machines by 2030.

Further initiatives include a global harmonization program to optimize production, purchasing, and supply chain management, which is expected to contribute significantly to profitability.