on GEA (EPA:GEA)
GEA to see revenue decline in the third quarter of 2024/2025
GEA announced a significant decline in its revenue for the first three quarters of 2024/2025, reaching €26,761.02 thousand, a decrease of 25.2% compared to the previous year. This trend is in line with the half-year results published in June.
Third-quarter revenues fell sharply by 31.6%, following a sharp increase of 33.3% last year, linked to the completion of several export projects. The international sector fell by 51.1%, while France recorded growth of 31.6%.
Despite these results, GEA managed to secure projects such as the renewal of the toll system on the Ile de Ré bridge and the automation of the Athens ring road.
R. P.
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