Franklin Electric Announces Victor Grizzle Elected to be a Director of the Company

GEA looks back on a strong fiscal year and provides a positive outlook for 2025. The technology group, which focuses on mechanical and plant engineering, raised its margin guidance for EBITDA before restructuring expenses twice in 2024 and achieved its 2026 financial targets two years ahead of schedule.

GEA, a global plant and mechanical engineering company, has received the highest accolade, the Platinum Status, in the renowned EcoVadis sustainability assessment. With its score, GEA now ranks among the top one percent worldwide of assessed companies in 2024.

GEA recently unveiled its Mission 30 Group strategy at a Capital Markets Day. The comprehensive plan details how GEA will continue to drive profitable growth and significantly expand the company’s share of sustainable solutions until 2030. AI-supported processes and new business models will play an increasingly important role in achieving this.

Vanessa Hellwing has been appointed to the ANDRITZ AG Executive Board as of January 1, 2025. She will succeed Norbert Nettesheim as Chief Financial Officer (CFO) on March 28, 2025.

GEA ranks among the leading employers in Europe in 2024. The Top Employers Institute has certified the machinery and plant manufacturer as a Top Employer in five countries. Belgium and Portugal were recognized for the first time, while Germany, Poland and Spain were re-certified. GEA aims to receive Top Employer certification also for other countries in 2025.

The drive specialist Flender has been awarded the German Sustainability Award 2024 in the mechanical engineering category. The challenges posed by climate change, resource scarcity, species loss, and social division are intensifying, while business and industry skills in Germany are growing to combat these challenges.