GEA Group AG 2014 AR2
The report highlights GEA Group's financial and operational performance for the fiscal year 2014, during which the company achieved record organic revenue growth of 5.6 percent and an operating EBITDA of EUR 591 million. A key milestone was the successful divestment of the GEA Heat Exchangers segment, which helped transition the group's net debt into EUR 904 million of net liquidity. The company also introduced its 'Fit for 2020' initiative to streamline its organizational structure, reduce complexity, and target annual savings of at least EUR 100 million by 2017. Additionally, the report outlines GEA's commitment to sustainability, focusing on resource-efficient process technologies and the global introduction of its Integrity System.
Company: GEA Group AG
Sector: Manufacturing
Country: Germany
Year: 2014
Type: AR2
Pages: 232
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GEA Group AG
Annual Report
The report highlights GEA Group's financial and operational performance for the fiscal year 2014, during which the company achieved record organic revenue growth of 5.6 percent and an operating EBITDA of EUR 591 million. A key milestone was the successful divestment of the GEA Heat Exchangers segment, which helped transition the group's net debt into EUR 904 million of net liquidity. The company also introduced its 'Fit for 2020' initiative to streamline its organizational structure, reduce complexity, and target annual savings of at least EUR 100 million by 2017. Additionally, the report outlines GEA's commitment to sustainability, focusing on resource-efficient process technologies and the global introduction of its Integrity System.
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Document Details
Report Year
2014
Reporting Period
Jan 1, 2014 - Dec 31, 2014
Fiscal Year
2014
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees