In another challenging year, GEA succeeded in increasing all key performance indicators in fiscal year 2022. Order intake rose by a substantial 8.7 percent to EUR 5.68 billion and revenue grew significantly by 9.8 percent to EUR 5.16 billion. EBITDA before restructuring expenses climbed 14 percent to EUR 712 million and the corresponding EBITDA margin increased once again by 0.5 percentage points to 13.8 percent.

GEA is one of the best employers in the country – as confirmed by the Top Employers Institute. The company was awarded the Top Employer seal for 2023 for its attractive working conditions.

Updated research from Interact Analysis shows the geared motors and industrial gears market experienced strong growth in 2021. The market expanded by 16% last year, with the sharp rise driven by price increases. On average, the selling price for geared motors and gearboxes increased by 7.8% in 2021, with further price rises forecast in 2022.

GEA Group Aktiengesellschaft has been selected to become a constituent of the Dow Jones Sustainability Europe Index (DJSI Europe) effective December 19, 2022. In this year’s review, GEA is the only German company to be added into the DJSI Europe.

Interact Analysis have recently released the 3rd edition of the Geared Motors and Industrial (Heavy-Duty) Gears report. This market study covers finished geared motors and gearboxes for general industrial use, including light- and heavy-duty products, as well as planetary gears, with the exclusion of precision gearboxes and loose gear parts.

GEA has entered into a long-term, exclusive strategic partnership with N2 Applied, an international agricultural technology company based in Norway. This partnership provides for the manufacture and global distribution of the manure processing solution for dairy farms.

GEA marked the official start of construction of its new repair, logistics, assembly, production and training facility in Janesville, Wisconsin (USA).

GEA continued its profitable growth in the third quarter and has raised its outlook for 2022 based on its very good performance in the first nine months.

A global manufacturer of scented plastic garbage bags was looking for an alternative to the use of pre-scented plastic pellets. A serendipitous encounter at a tradeshow led them to a precision gear metering pump solution that gave them accuracy and consistency at the low flow rates required, while also reducing their costs and improving worker health.

Bison Gear & Engineering Corp. announces its proven PowerSTAR high-efficiency right angle gearmotor is celebrating 10 years of industry-leading product excellence.