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Food solution integration costs hit otherwise satisfactory GEA Q1 results
date:May 11, 2012
GEA said continuing strong demand for food processing technology meant it was satisfied with performance in the first quarter of 2012 even as one-off integration costs for its food solutions unit were largely responsible for its year-on-year operating profits tumbling by almost 30m.


But the company hailed a near 25% jump in its order intake which saw the figure rise to over 1.5bn for the first three months of the year. Consolidated revenue also rose by over 20% to 1.27bn.


Food solution inte

07/30 02:29