GEA Group


Big tickets, steady base

09/11/26 -"GEA posted a strong Q3, with order intake of €1,651m, 10% above consensus. However, the beat was driven by €295m of large projects, while base orders grew a solid c.4%. Revenue was 1% light (6.2% ..."

Pages
54
Language
English
Published on
09/11/26
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09/11/26
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06/11/26
We raise our TP 3% to €35.2 on 2% higher FY26E–27E EPS and stronger cash generation. Forecast DPS rises well above the 50% payout floor.

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

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