GEA Group AG 2020 AR2
The report highlights GEA's strong financial performance in fiscal year 2020 despite the challenges of the Covid-19 pandemic, with EBITDA before restructuring measures increasing by 11.1 percent to EUR 532 million. The company successfully implemented efficiency measures, significantly improved its return on capital employed (ROCE) to 17.1 percent, and reduced net working capital. In terms of sustainability, GEA achieved an A- rating in the CDP climate ranking and an A rating in the CDP water security ranking. Additionally, the company reduced its Scope 1 and 2 greenhouse gas emissions by 13.1 percent on a market-based calculation compared to the previous year.
Company: GEA Group AG
Sector: Manufacturing
Country: Germany
Year: 2020
Type: AR2
Pages: 220
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GEA Group AG
Annual Report
The report highlights GEA's strong financial performance in fiscal year 2020 despite the challenges of the Covid-19 pandemic, with EBITDA before restructuring measures increasing by 11.1 percent to EUR 532 million. The company successfully implemented efficiency measures, significantly improved its return on capital employed (ROCE) to 17.1 percent, and reduced net working capital. In terms of sustainability, GEA achieved an A- rating in the CDP climate ranking and an A rating in the CDP water security ranking. Additionally, the company reduced its Scope 1 and 2 greenhouse gas emissions by 13.1 percent on a market-based calculation compared to the previous year.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Women on Board
Workplace Fatalities
Employees