Gea%20on%20roadshows%20and%20conferencens%20preliminary%20q4%202013 tcm30 25569

GEA Group

Düsseldorf, February 06, 2014

Preliminary Q4 2013 Presentation for Roadshows and Conferences

engineering for a better world

Disclaimer

All figures for 2013 are preliminary and have therefore not yet been audited. The year-end financial statements for the

GEA Group and GEA Group Aktiengesellschaft are to be finalized by the Executive Board at the beginning of March

and subsequently to be approved by the Supervisory Board. The financial statements for the GEA Group and GEA

Group Aktiengesellschaft for 2013 will be published on March 7, 2014.

Forward-looking statements are based on our current assumptions and forecasts. These statements naturally entail

risks and uncertainties, which may cause the actual results of operations, financial position or performance to diverge

significantly from the estimates given here. Factors that could cause such a divergence include changes in the

economic and business environment, fluctuations in exchange rates and interest rates, launches of competing

products, poor acceptance of new products or services, and changes in business strategy. We are under no obligation

to update forward-looking statements.

Due to rounding, the sum of percentages of order intake and sales by region as well as by customer industry may vary

from 100%.

2 GEA on Roadshows and Conferences - Preliminary Q4 2013


Table of Contents

GEA Group in Summary

GEA on Roadshows and Conferences - Preliminary Q4 2013

Pages 5 – 23

GEA Group Segment Structure Page 8

Outlook Pages 34, 35

Large Order Development Page 31

Segment Performance incl. Organic Growth Rates Pages 45 – 54

Top Line Development by Customer Industry Pages 41

Regional Top Line Distribution Pages 30, 40

Historical Key Figures GEA Group and Segments Pages 63-67

ADR Information Page 69

3


Agenda

The GEA Group

Preliminary Results Q4 2013

Backup

GEA on Roadshows and Conferences - Preliminary Q4 2013 4


The GEA Group in Summary

• GEA provides the world with innovative solutions for smart food processing and for a more

efficient use of energy resources.

• Market and technology leader for demanding equipment and process technology particularly

for the food industry

• Revenue 2013 continued operations: EUR 4,320 million

• Emerging Market Exposure continued operations: ~40% of total sales

• Operational EBIT 2013 continued operations: EUR 459 million / 10.6% margin

• Cash Flow Driver 2013 continued operations: EUR 414 million / 9.6% of sales

• Employees per 31/12/13 (continued operations): Around 18,000



Growth drivers for GEAs business

Megatrend Significance for demand Demand relevant for GEA

Steady growth in global

population

Continuously rising

demand for food and

energy

Volume growth and catch-up

potential especially in South and

East Asia, Latin America and,

in future, Africa

Growing interest in

efficient production

processes that conserve

resources

Resource-conserving technologies/dry cooling

Energy-saving machines and processes/heat

recovery

“Intelligent” engineering solutions

Rising energy costs/

environmental regulations


Urbanization/

expansion of middle class

Growing quality

requirements for foodstuffs

and pharmaceuticals

Processed foods/ready meals

Aseptic filling/enriched lifestyle drinks

Pharmaceuticals

6


GEAs product leadership depends on process know-how and application knowledge for customized solutions



Dairy and Brewery Systems

Aseptic Filling

Pharma Systems

Separators & Decanters

Homogenizers

Flow Components

Milking & Cooling

Farm Services

Farm Equipment

Compressors

Ice Machines

Freezers

Bowl Choppers

Slicers

Thermoformers

Group structure continued operations

GEA Farm Technologies GEA Mechanical

Equipment GEA Process Engineering

GEA Refrigeration

Technologies GEA Food Solutions

8 % of Group Sales

13 % of Group Sales

22 % of Group Sales

40% of Group Sales

17 % of Group Sales

~ 100 %

food related

~ 100 %

food related

~ 51 %

food related

~ 75 %

food related

~ 62 %

food related


Operating EBIT FY 2013: -1.0%

Operating EBIT FY 2013: 7.7%




8

ROCE FY 2013: -3.5%

ROCE FY 2013: 12.7%

ROCE FY 2013: 38.1%

ROCE FY 2013: 73.2%

ROCE FY 2013: 22.7%

http://www.westfalia.com/hq/en/products_services/proformance_equipment/products/milking_equipment/milking_components/default.aspx

http://www.westfalia.com/hq/en/products_services/promilk_Hygiene_consumables/products/hygiene/udder_hygiene/noniodinedip.aspx

http://www.westfalia.com/hq/de/products_services/milking_cooling/farm_management/herd_management_software/default.aspx


Pure Play: Focused and resilient end market exposure


34%

25%

17%

9%

7%

4% 5%

Western

Europe

Asia-Pacific

North America

Latin America

Eastern Europe

& CIS

Middle East Africa

Sales

FY 2013:

EUR 4,320m

35%

14% 23%

7%

6%

4% 3%

3% 1%

3%

GEA Group by region GEA Group by industry

Sales

FY 2013:

EUR 4,320m

Food –

Dairy

Food - Beverages

Food – Solid

Oil & Gas

Power Other Industries

Pharma

Chemicals

Climate &

Environment

Marine

Emerging markets

exposure: ~40% 72% Food exposure


1,770 64%

1,970 68%

2,562 68%

2,956 72%

3,070 72%

0

500

1.000

1.500

2.000

2.500

3.000

3.500

4.000

4.500

2009 2010 2011 2012 2013

Other Industries

Power

Marine

Oil & Gas

Climate & Environment

Chemicals

Pharma

Food & Beverage

1,176 43%

1,068 37%

1,287 34%

1,317 32%

1,454 34%

520 19%

709 24%

968 26%

1,043 26%

1,083 25%

473 17%

472 16%

583 15%

733 18%

721 17%

0

500

1.000

1.500

2.000

2.500

3.000

3.500

4.000

4.500

2009 2010 2011 2012 2013

Middle - East

Africa

Latin America

Eastern Europe & CIS

North America

Asia - Pacific

Western Europe

Sa

les

by C

us

tom

er

Ind

us

try

[in EUR million]


3,828

2,814 2,963

4,142

Sa

les

by r

eg

ion

GEA exposure to Food and Asia-Pacific rising leading to a more resilient set-up

4,320

3,828

2,814 2,963

4,142 4,320

10

+11%

+15%

+30%

+4%

-9% +2% +21% +10%

+36%

+8% +36%

+4% 0%

+26% +24%

-2%

CAGR:

+11%

+20%

+5%

CAGR:

+15%


0

20

40

60

80

100

120

140

2009 2010 2011 2012 2013

GDP GEA

GEA continued operations Organic sales growth clearly outperforms global GDP


CAGR Global GDP

growth 2009-2013:

+3.8%

CAGR GEA organic sales

growth 2009-2013:

+5.8%

(Index 2009 = 100)

11


Development of GEA sales since 1983* (incl GEA HX)


0

1.000

2.000

3.000

4.000

5.000

6.000

[in EUR million]

CAGR GEA sales

1983-2013: +11%

* Unconsolidated total sales incl. acquisitions at each point in time; left out were entities outside the segments, even if they generated revenues (eg GEA Real Estate).

12

engineering for a better world 13 GEA on Roadshows and Conferences - Preliminary Q4 2013

Dairy experts predict dairy trade flows to expand

• Prime export regions: NZL, NW Europe, USA, Argentina

• Prime import regions: China, Russia, (sub) tropical latitudes

Milk usually is shipped as powder (weighing 85% less, durable)

Source and copyright of maps: © IFCN Dairy Research Center 2014, rendered by GEA Group with kind permission, consumption data: FAO

Food Outlook, other (2012)

Per capita consumption:

New Zealand 309 kg

EU-27 287 kg

USA 276 kg

Brazil 173 kg

China 38 kg

Indonesia 13 kg


GEA is independent of single customers due to very diversified customer base

Our largest customer has a revenue share of only 1.8 percent

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

Top Customer Top 10 Top 50 Top 100 Top 150 Top 200

Re

ve

nu

e S

ha

re

Customer


~ 30% of the Top 50 customers are

already coming from Developing Markets


Continued improvement of Operating EBIT Margin


[in EUR million]

3,353 2,814 2,963

3,828 4,142 4,320

8.8%

6.8%

8.4%

10.5% 10.3% 10.6%

0%

2%

4%

6%

8%

10%

12%

0

1000

2000

3000

4000

5000

6000

2008 2009 2010 2011 2012 2013

Sales Operating EBIT-margin (before ppa & one-offs)

6,000

5,000

4,000

3,000

2,000

1,000

engineering for a better world GEA on Roadshows and Conferences - Preliminary Q4 2013

722 732 802 974

1,114 1,153

21.5%

26.0% 27.1%

25.4% 26.9% 26.7%

2008 2009 2010 2011 2012 2013

Service Sales GEA Service as % of Sales

Service business almost at EUR 1.2bn annual run rate

CAGR GEA Service

business 2008-2013:

+10%

16

[in EUR million]


1,772 1,830 1,873 1,887 1,890 1,891 1,886 1,895

17.5%

18.6% 18.6%

16.7%

18.8% 19.3%

19.6%

22.2%

0%

5%

10%

15%

20%

25%

0

500

1000

1500

2000

2500

3000

Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13

Capital Employed (average LTM) ROCE (average LTM)

GEA’s major bonus drivers Strong focus on cash generation and ROCE


[in EUR million]

17

3,000

2,500

2,000

1,500

1,000

*ROCE LTM = EBIT (LTM) / Capital employed excluding goodwill from the acquisition of the former GEA AG by the former Metallgesellschaft AG in 1999 (average LTM)

ROCE* Cash Flow Driver Margin

142 173 189

207

310

355 387

414 3.6%

4.3% 4.6%

5.0%

7.4%

8.3%

9.0%

9.6%

0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

10%

0

50

100

150

200

250

300

350

400

450

Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13

Cash Flow Driver (LTM) Cash Flow Driver Margin (LTM)

500

0


Strategic projects initiated by GEA Executive Board


GEA Application Strategy

GEA Technology & Competence Mapping

HX Divestment

GEA

strategic

portfolio

review

GEA

long-term

strategic

direction

Outline of GEA’s

long-term direction &

guiding principles

Comprehensive

portfolio analysis of

all GEA BUs

Analysis of >30 applications and selected technologies

GEA-wide technology and competence mapping

Preparation and execution of HX divestment

2012 2013 – 2014


Holistic approach to deriving target footprint 2020


GEA presence & white spots plotted

across application process value chain

>30 applications &

technologies

Applications and strategic moves evaluated

for relative attractiveness and prioritized

Customer buying preferences discussed

in >100 client & GEA expert interviews

Suitable business models and roadmap for

closing white spots developed by application


Path towards target footprint for GEA 2020


Future application footprint & focus growth areas

for GEA 2020 defined

Continue growing leading market position in milk

production, dairy & liquid food processing

Expand presence in animal proteins, renewable

foods & other attractive food areas

Maintain growth in demanding non-food industries

Well-balanced application & customer portfolio

Differentiation from competitors’ footprint

+

+

Food

Non-food

Sales exposure

2020


GEA’s food related technologies and product applications are also delivered into other customer industries

Segment Product example Examples of

food application

Examples of other

application

GEA Mechanical

Equipment Separator

Dairy processing, beverage

processing

Oil & Gas, chemicals, water

treatment

GEA Process

Engineering Spray dryer

Milk powder, instant coffee,

food ingredient

Pharmaceutical active

ingredients, chemical

compounds

GEA Refrigeration

Technologies Compressor Frozen meals, brewery

Transportation, cargo,

storage



Business model & organizational cornerstones


Best-in-class components and

engineering that meet customers’ specific

application and regional preferences

Cross-business collaboration to deliver

best value to customer on a global scale

Operational and organizational excellence

“Fit for 2020”

engineering for a better world 23

Increasingly stringent hygiene and safety regulations in end markets

Growth driven by shift in consumer preferences towards functional, processed and

convenience foods

Global leading positions with exceptionally high barriers to entry

Unrivalled quality and breadth of product range

Pure Play: Highly focused and resilient end market exposure

Balanced income split resting on strong food share of revenue of around 70-75 percent

1

2

3

4

5

6

The GEA Vision Key investment case post strategy implementation



Agenda

The GEA Group


Backup



GEA Heat Exchangers Page 4 Reported as Discontinued Operations since 31 Dec 13

Order Intake EUR 4,628m

(incl. HX EUR 6,093m) Page 4

Organic growth continued ops: +6.8% yoy

Orders from food industry continued ops: +8.5% yoy

Guidance 2014 before FX-

impact and one-offs

Page 34

Sales: moderate organic growth

Operating EBITDA: EUR 550m to EUR 590m

CFD-Margin: 9.0% - 9.5% of sales

Preliminary Key Figures FY 2013


Operating EBITDA before FX-

impact Page 4

GEA incl. HX: EUR 701m

GEA continued ops: EUR 540m

Sales EUR 4,320m

(incl. HX EUR 5,772m) Page 4 Organic growth continued ops: +6.5% yoy

Cash Generation Capacity Page 21 Cash Flow Driver Margin GEA incl. HX: 9.4%

Cash Flow Driver Margin continued ops: 9.6%

Dividend Page 5 EUR 0.60 per share proposed

Operating EBIT-Margin

GEA continued ops Page 6

FY 2013: 10.6%; +35 bps yoy

Q4 2013: 15.1%; +142 bps yoy

Strategic Outlook Pages 36-40 Targeting footprint “GEA 2020”


2013 WC

reduction

103

CAPEX

reduction

10

EBITDA

change

63

2012

[in EUR million]

368

544

6.4%

9.4%

Cash Flow Driver Margin (incl. HX)

4,425

0

4,727

493

0

540

4,142

0

4,410

Order Intake Sales

Operating EBITDA

2012 Organic

change

2013

adjusted 2013

reported 2013

reported

w/o HX

2012 Organic

change

2013

adjusted 2013

reported 2013

reported

w/o HX

2012 Organic

change

2013

adjusted 2013

reported 2013

reported

w/o HX

660 701 688

530

5,901 6,223 6,093

4,628

5,720 5,898 5,772

4,320 HX

HX

HX

+9.5%

+6.2%

+6.8%

+5.5%

+6.5%

+3.1%

Preliminary Key Figures GEA achieved FY 2013 targets


368.1

544.1

2012 2013

9.4%

Preliminary Key Figures GEA FY 2013

Cash Flow Driver

+176.0

325.5

178.6

2012 2013

Net debt

-146.9

0.55 € 0.60 €

2012 2013

Dividend +0.05 €

(proposed)

28

Cash Flow Driver:

EBITDA – Capex +/- Working Capital (LTM)


6.4%

[in EUR million]


1,146 1,095

1,029 1,220

1,112 1,168

1,139 1,144

2012 2013

Q4

Q3

Q2

Q1

51 55 95 101

115 116

165 187

2012 2013

Q4

Q3

Q2

Q1 5.8% 6.0%

9.5% 9.5%

10.9% 10.6%

13.6% 15.1%

2012 2013

Q4

Q3

Q2

Q1

881 924

994 1,065

1,061 1,089

1,207 1,242

2012 2013

Q4

Q3

Q2

Q1

Preliminary Key Figures continued ops. GEA Q1 - Q4 2013 YoY

29

[in EUR million] Order intake

+5%

Sales

+4%

Operating EBIT

8%

-4%

-2%

4,425 4,142

+5%

+14%

426 459

+9%

+62%

Operating EBIT-Margin

+34 bps

10.3% 10.6%

+445 bps

+19% +7%

+6%

+5%

+0%

+3%

-27 bps

-6 bps

+24 bps

+0%

4,628

+3%

4,320

+14%

+142 bps



0 100 200 300 400 500 600

Q4 12

Q1 13

Q2 13

Q3 13

Q4 13

Preliminary Performance continued ops. Regional Order Intake Trend as of Q4 2013

30

0 300 600 900 1200

Q4 12

Q1 13

Q2 13

Q3 13

Q4 13

0 100 200 300 400 500 600

Q4 12

Q1 13

Q2 13

Q3 13

Q4 13

0 100 200 300 400 500 600

Q4 12

Q1 13

Q2 13

Q3 13

Q4 13

0 100 200 300 400 500 600

Q4 12

Q1 13

Q2 13

Q3 13

Q4 13

0 100 200 300 400 500 600

Q4 12

Q1 13

Q2 13

Q3 13

Q4 13

0 100 200 300 400 500 600

Q4 12

Q1 13

Q2 13

Q3 13

Q4 13

0 100 200 300 400 500 600

Q4 12

Q1 13

Q2 13

Q3 13

Q4 13

Eastern Europe & CIS Western Europe North America

Asia Pacific

∆ QoQ: +16%

w/o LO*: +17%

∆ YoY: -17%

w/o LO*: -4%

∆ QoQ: +51%

w/o LO*: +51%

∆ YoY: -13%

w/o LO*: +30%

∆ QoQ: -25%

w/o LO*: -14%

∆ YoY: +18%

w/o LO*: +18%

∆ QoQ: -37%

w/o LO*: -30%

∆ YoY: -26%

w/o LO*: -21%

∆ QoQ: -8%

w/o LO*: +4%

∆ YoY: +39%

w/o LO*: +32%

∆ QoQ: -25%

w/o LO*: +60%

∆ YoY: -42%

w/o LO*: -32%

∆ QoQ: +4%

w/o LO*: +9%

∆ YoY: +2%

w/o LO*: -1%

∆ QoQ: -2%

w/o LO*: +8%

∆ YoY: +1%

w/o LO*: +4%

[in EUR million]

Latin America

Middle East Africa GEA

* LO: large orders with volume of greater than EUR 5m are illustrated at the end of the bars.



469 496 519 518 576 596 619

705 686 669 737 711 702 745 710 722 724 746

109 163 157 139

149 173 168

185 166 208

214 172 221 175

144 234

167 211

78 38

61 65

63 64

135

135 128 111

96

102 124 107

131

102 132

67

60 16 40 33

66 41

60 58

100

44

65 112 110

162 144 121

0

200

400

600

800

1.000

1.200

1.400

Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11(w/o FS)

Q2 11(incl.FS)

Q3 11 Q4 11 Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13

OI < EUR 1m OI >= EUR 1m < EUR 5m OI >= EUR 5m < EUR 15m OI >= EUR 15m

Preliminary Performance continued ops. Large Order Development since Q4 2009

31

[in EUR million]

~70% orders in FY 2013 < EUR 5m = stable independent basis business



286 349 345 351

269

404 449 460

395

523 521 511

356

515 521 538

364

15.3%

14.4%

13.4%

12.4% 11.6% 11.3% 11.0% 11.3% 11.4%

12.1% 12.8% 12.9% 12.7%

12.2% 11.9% 11.7% 11.7%

0%

2%

4%

6%

8%

10%

12%

14%

16%

18%

0

100

200

300

400

500

600

Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13

Working Capital Working Capital (average LTM) as % of sales (LTM)

Preliminary Performance continued ops. Working Capital Development

32

- 355 bps

[in EUR million]

Working Capital / Sales ratio stabilised on low level



[in EUR million]

-178.6

-105.9

-7.2

-7.0

-58.6

-175.5

-151.3

-15.0

660.1

-325.5

Preliminary Performance Net Liquidity Reconciliation incl. GEA HX

Cash generation LTM: EUR ~320m

Δ +EUR 318m

Taxes / Interests / Others

Delta Working Capital

EBITDA

Net Debt 31.12.2012

Net Debt 31.12.2013

Dividend

CAPEX

Discontinued Operations

Net Debt bef. DOP, M&A and Dividend

Effect from Acquisitions


Settlement of old legacy issues, not HX


Guidance FY 2014 continued operations


Sales: moderate growth

Cash Flow Driver Margin:

EBITDA – Capex - / + Working Capital (LTM)

Sales Sales Sales

Operating EBITDA: EUR 550m - EUR 590m

At the condition of no unexpected economic downturns, assuming constant FX-rates versus FY

2013 and disregarding potential acquisitions and one-off expenses we are aiming in 2014 for:

Cash Flow Driver Margin: 9.0% – 9.5%


Additional Financial Information for 2014 continued ops.


Depreciation & amortization (incl PPA): around EUR 100m p.a.

Thereof impact from PPA in 2014 and around EUR 23m p.a.

In subsequent years: thereof GEA FS around EUR 13m p.a.

Long term target capex level: around 2% of sales

Working Capital LTM: approx. 11% - 13% of sales LTM

Dividend policy: payout ratio around 1/3 of net income

Interest rate financial liabilities: below 3.5%


Agenda

The GEA Group


Backup



23 25

71 79

62 62 22

24

-5

1

Q4 2012 Q4 2013

GEA FS

GEA FT

GEA ME

GEA PE

GEA RT

198 192

469 495

255 240

143 152 101 95

Q4 2012 Q4 2013

GEA FS

GEA FT

GEA ME

GEA PE

GEA RT

Preliminary Key Figures continued ops. Segments Q4 2013


1,139 1,144

-6%

+5%

-3%

+6% -6%

Operating EBIT Margin

[in EUR million]

0%

Order Intake

203 211

518 527

261 272

172 176 88 87

Q4 2012 Q4 2013

GEA FS

GEA FT

GEA ME

GEA PE

GEA RT

1,207 1,242

+4%

+2%

+4%

+2%

-1%

+3%

Sales

165 187

+11%

0%

+12%

+14%

+14%

Operating EBIT

Q4 2012 Q4 2013 YoY

GEA FS -5.3% 1.2% +645 bps

GEA FT 12.5% 13.9% +141 bps

GEA ME 23.6% 22.7% -92 bps

GEA PE 13.8% 15.0% +124 bps

GEA RT 11.1% 12.0% +84 bps

GEA Group 13.6% 15.1% +142 bps


Preliminary Performance continued ops. Order Intake Q4 2013


Q4 2013 vs.

Q4 2012

Q1-Q4 2013 vs.

Q1-Q4 2012

Q4 2013 vs.

Q3 2013

Order Intake previous

period 1,139 4,425 1,168

Structural Change +2 +0.2% +21 +0.5% 0 0%

Currency Effects -42 -3.7% -120 -2.7% -8 -0,7%

Organic Development +46 +4.0% +302 +6.8% -16 -1.3%

Order Intake current

period 1,144 +0.5% 4,628 +4.6% 1,144 -2,0%

∆ abs. ∆ in %

∆ abs. ∆ in %

∆ abs. ∆ in %

[in EUR million]


North America

Dairy Plant

~16 mEUR

Western Europe

Milk Processing

Plant

~49 mEUR

Western Europe

Infant Formula

Plant

~72 mEUR

Asia-Pacific

Milk Powder Plant

~48 mEUR

Western Europe

Dairy Plant

~74 mEUR

Asia-Pacific

Milk Powder Plant

~42 mEUR

Preliminary Performance continued ops Major Dairy Orders received in FY 2013


Asia-Pacific

Goat Milk Plant

~25 mEUR

Asia-Pacific

Milk Powder Plant

~16 mEUR

Western Europe

Milk Powder Plant

~40 mEUR

Western Europe

Milk Powder Plant

~32 mEUR

W estern Europe

Whey Drying Plant

~20 mEUR


34% (32%)

25% (26%)

17% (18%)

9% (10%)

7% (7%)

4% (4%)

5% (4%)

Emerging markets*

exposure:

40% (40%) abs.: +5% YoY

(Durchschnitt der Definition von Dow

Jones und MSCI*)

Sales 2013:

4,320 Mio. EUR

+4% YoY

Preliminary Performance continued ops. Regional Sales Split L4Q per Q4 2013

40

China

10% (10%) abs.: +10% YoY

USA

16% (17%) abs.: +0% YoY

Germany

9% (8%) abs.: +10% YoY

Top-3-Countries

Western Europe abs.: +10% YoY

Asia-Pacific abs.: +4% YoY

North America

abs.: -2% YoY

Latin America abs.: -1% YoY

Eastern Europe &

CIS abs.: -10% YoY

Middle East abs.: +27% YoY Africa

abs.: +11% YoY

* According to the definition of emerging/developing economies by International Monetary Fund. Dow Jones Emerging Markets Index besteht aus 35 Ländern, von denen 20 für GEA relevant sind;

MSCI definiert 21 Länder als Emerging Markets, von denen 17 für GEA relevant sind GEA on Roadshows and Conferences - Preliminary Q4 2013


Preliminary Performance continued ops. Order Intake by Customer Industry since Q4 2009*

* Average last four quarters: Q1 – Q4 2009 = Index 100


80%

100%

120%

140%

160%

180%

200%

Q409

Q110

Q210

Q310

Q410

Q111

Q211

Q311

Q411

Q112

Q212

Q312

Q412

Q113

Q213

Q313

Q413

Food - Dairy Food - Beverages

Food - Solid GEA Group

60%

80%

100%

120%

140%

160%

180%

Q409

Q110

Q210

Q310

Q410

Q111

Q211

Q311

Q411

Q112

Q212

Q312

Q412

Q113

Q213

Q313

Q413

Pharma Chemicals Marine GEA Group

60%

80%

100%

120%

140%

160%

180%

Q409

Q110

Q210

Q310

Q410

Q111

Q211

Q311

Q411

Q112

Q212

Q312

Q412

Q113

Q213

Q313

Q413

Oil & Gas Power

Climate & Environment GEA Group

39%

13%

21%

4% 1%

7%

5%

3% 4%

3%

Food – Dairy

abs.: +24% YoY

Food - Beverages

abs.: -1% YoY

Food – Solid

abs.: -7% YoY

Oil & Gas

abs.: +22% YoY

Power

abs.: +8% YoY

Other Industries

abs.: +15% YoY

Pharma

abs.: -8% YoY

Chemicals

abs.: -24% YoY

Climate & Environment

abs.: -12% YoY Marine

abs.: +6% YoY

OI 2013:

EUR 4,628m

+5% YoY


Book to bill ratio (L4Q)

Q4 2013

Food - Dairy 1,53 17,2% 0,98 3,0% 0,93 6,9% 0,90 2,1% 0,83 0,7% 0,82 0,7% 1,25 8,7% 1,20 39,2%

Food - Liquid 0,84 3,1% 1,42 1,8% 1,04 1,5% 1,18 1,1% 1,11 0,7% 1,01 0,5% 0,90 4,1% 0,98 12,9%

Food - Solid 0,95 8,4% 0,93 2,1% 1,01 3,0% 1,16 1,5% 1,20 1,6% 1,00 0,8% 1,05 4,1% 1,00 21,4%

Total Food & Beverages 1,21 28,7% 1,05 6,8% 0,96 11,4% 1,03 4,7% 1,07 3,0% 0,93 2,0% 1,09 16,9% 1,10 73,6%

Oil & Gas 1,22 0,6% 2,71 0,3% 1,01 0,8% 1,08 0,1% 0,52 0,1% 0,34 0,2% 1,69 1,8% 1,22 3,8%

Power 1,58 0,4% 0,27 0,0% 0,68 0,1% 1,13 0,2% 0,99 0,1% 0,61 0,4% 1,23 0,1% 0,90 1,2%

Total Energy 1,34 0,9% 2,24 0,3% 0,96 0,9% 1,11 0,3% 0,73 0,2% 0,50 0,5% 1,67 1,9% 1,12 5,0%

Pharma 0,97 2,1% 0,96 0,6% 1,15 1,0% 1,49 0,6% 1,10 0,3% 1,52 0,3% 0,91 2,1% 1,02 6,9%

Chemicals 0,79 1,1% 0,69 0,2% 0,91 0,9% 0,90 0,4% 2,09 0,1% 0,33 0,2% 1,06 2,0% 0,87 4,8%

Marine 0,93 1,2% 0,68 0,0% 1,06 0,1% 0,91 0,1% 0,80 0,0% 1,47 0,0% 1,20 1,2% 1,04 2,7%

Climate & Environment 0,92 1,3% 1,13 0,3% 0,62 0,5% 0,65 0,1% 0,38 0,0% 0,92 0,1% 1,60 1,3% 0,99 3,7%

Other Industries 1,05 1,0% 1,47 0,3% 1,12 0,3% 1,06 0,3% 1,20 0,1% 1,19 0,2% 1,01 1,1% 1,09 3,3%

Other 0,93 6,8% 1,02 1,3% 0,93 2,8% 1,06 1,5% 1,01 0,5% 0,79 0,8% 1,09 7,7% 0,99 21,5%

Total 1,15 36,4% 1,06 8,4% 0,96 15,1% 1,04 6,5% 1,04 3,7% 0,79 3,4% 1,12 26,5% 1,07 100,0%

Latin America Africa Middle - East Asia - Pacific TotalWestern

Europe

Eastern Europe

& CIS

North America

Preliminary Performance continued ops. Book to Bill Ratios by Industry/Region L4Q


<= 0.8 > 0.8 and < 1.0 >= 1.2 > 1.0 and < 1.2

Color code: Only cross-sections with a share of > 1% of group order intake are colored

Book to Bill categories

BtB % of OI BtB % of OI BtB % of OI BtB % of OI BtB % of OI BtB % of OI BtB % of OI BtB % of OI

Strong BtB-Ratio of 1.07 in Food driven by Europe and recovery in Asia-Pacific


349

280

315

0

500

1000

1500

2000

Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13

Order Intake Sales

2,000

1,500

1,000

500

0

Preliminary Performance continued ops. Top Line Trend / Order Backlog

43

2,136

1,581 1,644

1,701 1,599

1,841 1,901

1,983 2,085

1,830 1,932

L4Q BtB ratio

1,2501 1,550² 1,700³

1.07 1.04 1.06 1.06 1.07 1.08 1.07 1.06 1.05 1.07 1.05

#

[in EUR million]

2,015

1.07

1 Order backlog invoicable in FY 2012. ² Order backlog invoicable in FY 2013. ³ Order backlog invoicable in FY 2014.



Preliminary Performance continued ops. Service Business per Q4 LTM

1,114

141

239

308

234

193

1,153

141

235

325

252

200

GEA Group GEA FS* GEA FT GEA ME GEA PE GEA RT

Share of Service Sales

Change in service sales FY 2013 yoy: +3.5% to a total of EUR 1,153m

Share of service sales FY 2013: 26.7 % (FY 2012: 26.9 %)

41%

+4%

-2% +4%

%

41% 27%

27%

40%

33% 33%

14% 14%

28% 27%

+6%

+8%

38%

[in EUR million]

2012 2013

0%

* Calculated w/o one-time POC-related accounting adjustments of EUR 42m (in the denominator) in Q1 2012.



Preliminary Performance continued ops. GEA Food Solutions


Order Intake by Customer Industry Order Intake by Region

[in EUR million]

Order Intake

Q4

2012

Q4

2013 ∆

(%)

101.0 94.8 -6.1

thereof organic: -4.4

Sales

Q4

2012

Q4

2013 ∆

(%)

88.0 87.0 -1.1

thereof organic: +0.8

Operating EBIT*

Q4

2012

Q4

2013 ∆

(%)

-4.7 1.0 n.a.

Operating EBIT* Margin (%)

Q4

2012

Q4

2013 ∆

(bps)

-5.3 1.2 +645

100% 100%

2012 2013

Food &Beverages

42% 44%

12% 16%

17% 15%

8% 10%

13% 8%

7% 5%

1% 2%

2012 2013

Africa

Middle - East

Eastern Europe& CIS

Latin America

North America

Asia - Pacific

Western Europe

Δ -7%

Δ -4%

Δ +22%

Δ -18%

Δ +24%

Δ +41%

Δ -26%

Δ -41%

* Before non-recurring items of EUR 20.9m in Q4 2012.


Preliminary Performance continued ops. GEA Food Solutions


73 71 77 77 74 67 84

71 67 69 72

17 13

35 20 22

15

10

4 14 13 23

14 8

8 8

0

20

40

60

80

100

120

140

Q2 11 Q3 11 Q4 11 Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13OI < EUR 1m OI >= EUR 1m < EUR 5m OI >= EUR 5m < EUR 15m OI >= EUR 15m

Quarterly Large Order Development

[in EUR million]

* As reported in statements, after 42m POC-related accounting adjustments in 2012.

** Before non-recurring items of EUR 66.5m in Q1-Q4 2012.

Order Intake

Q1-Q4

2012

Q1-Q4

2013 ∆

(%)

375.9 349.7 -7.0


Sales*

Q1-Q4

2012

Q1-Q4

2013 ∆

(%)

332.4 349.9 +5.3


Operating EBIT**

Q1-Q4

2012

Q1-Q4

2013 ∆

(%)

-12.4 -3.7 +70.2

Operating EBIT** Margin (%)

Q1-Q4

2012

Q1-Q4

2013 ∆

(bps)

-3.7 -1.0 +269


Preliminary Performance continued ops. GEA Farm Technologies


Order Intake by Customer Industry Order Intake by Region

[in EUR million]

39% 39%

32% 33%

8% 11%

13% 11%

8% 7%

2012 2013

Latin America

Eastern Europe &CIS

Asia - Pacific

North America

Western Europe

100% 100%

2012 2013

Food &Beverages

Δ +2%

Δ +3%

Δ +5%

Δ -13%

Δ -19%

Δ +41%

Order Intake

Q4

2012

Q4

2013 ∆

(%)

142.6 151.6 +6.3


Sales

Q4

2012

Q4

2013 ∆

(%)

172.3 176.2 +2.3


Operating EBIT

Q4

2012

Q4

2013 ∆

(%)

21.5 24.5 +13.8

Operating EBIT Margin (%)

Q4

2012

Q4

2013 ∆

(bps)

12.5 13.9 +141


Preliminary Performance continued ops. GEA Farm Technologies



[in EUR million]

94 99 100 116 115 116 126 130

140 129

147 144 146 143 139 151 149 151

1 1

3

1 1 1 5 2 1

0

20

40

60

80

100

120

140

160

180

Q3 09 Q4 09 Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Q2 11 Q3 11 Q4 11 Q1 12 Q2 12 Q3 12 Q4 12 Q1 13 Q2 13 Q3 13 Q4 13OI < EUR 1m OI >= EUR 1m < EUR 5m OI >= EUR 5m < EUR 15m OI >= EUR 15m

Order Intake

Q1-Q4

2012

Q1-Q4

2013 ∆

(%)

583.9 596.7 +2.2


Sales

Q1-Q4

2012

Q1-Q4

2013 ∆

(%)

580.9 577.7 -0.5


Operating EBIT

Q1-Q4

2012

Q1-Q4

2013 ∆

(%)

46.3 44.6 -3.8


Q1-Q4

2012

Q1-Q4

2013 ∆

(bps)

8.0 7.7 -26


Preliminary Performance continued ops. GEA Mechanical Equipment


Order Intake by Region

[in EUR million]

54% 51%

12% 13%

9% 11% 5%

7% 7% 6%

6% 5% 5% 5%

1% 2%

2012 2013

Other Industries

Power

Chemicals

Climate &EnvironmentPharma

Oil & Gas

Marine

Food &Beverages

27% 33%

32% 31%

21% 19%

9% 7% 4% 4% 6% 4% 2% 2%

2012 2013

Africa

Middle - East

Eastern Europe &CIS

Latin America

North America

Western Europe

Asia - Pacific

Δ -3%

Δ +9%

Δ +54%

Δ -8% Δ -17%

Δ +27%

Δ +27%

Δ 0%

Δ -5%

Δ -20% Δ +20% Δ -40% Δ +23% Δ +50%

Δ +3%

Order Intake

Q4

2012

Q4

2013 ∆

(%)

254.6 239.5 -5.9


Sales

Q4

2012

Q4

2013 ∆

(%)

261.2 272.3 +4.3


Operating EBIT

Q4

2012

Q4

2013 ∆

(%)

61.7 61.8 +0.2


Q4

2012

Q4

2013 ∆

(bps)

23.6 22.7 -92

Order Intake by Customer Industry


Preliminary Performance continued ops. GEA Mechanical Equipment



[in EUR million]

Order Intake

Q1-Q4

2012

Q1-Q4

2013 ∆

(%)

971.9 1,018.5 +4.8


Sales

Q1-Q4

2012

Q1-Q4

2013 ∆

(%)

933.9 977.8 +4.7


Operating EBIT

Q1-Q4

2012

Q1-Q4

2013 ∆

(%)

187.9 191.3 +1.8


Q1-Q4

2012

Q1-Q4

2013 ∆

(bps)

20.1 19.6 -56

143 143 167

188 167 179

199 193 199 189 214 206 204 205 218 233 232

211

15 13 5

6 12 3

20 29 18 15

19 20 29 16 14

24 19

18

13

13

9 5 6 7

12 5 11 33 17 18

0

50

100

150

200

250

300



Preliminary Performance continued ops. GEA Process Engineering



[in EUR million]

68% 75%

16%

12% 9%

6% 5%

3% 2%

2%

2012 2013

Other Industries

Climate &Environment

Chemicals

Pharma

Food &Beverages

27% 35%

36%

34%

14%

9% 7%

8% 8%

7% 5%

4% 4%

3%

2012 2013

Middle - East

Africa

Latin America

Eastern Europe& CIS

North America

Asia - Pacific

Western Europe

Δ +24%

Δ -17%

Δ -18% Δ -29% Δ -1%

Δ +45%

Δ +6%

Δ -28%

Δ +30%

Δ +1%

Δ -19% Δ -5%

Order Intake

Q4

2012

Q4

2013 ∆

(%)

469.2 494.6 +5.4


Sales

Q4

2012

Q4

2013 ∆

(%)

518.3 526.7 +1.6


Operating EBIT

Q4

2012

Q4

2013 ∆

(%)

71.3 79.0 +10.8


Q4

2012

Q4

2013 ∆

(bps)

13.8 15.0 +124



Preliminary Performance continued ops. GEA Process Engineering



[in EUR million]

Order Intake

Q1-Q4

2012

Q1-Q4

2013 ∆

(%)

1,850.2 2.061,0 +11.4


Sales

Q1-Q4

2012

Q1-Q4

2013 ∆

(%)

1,716.3 1,798.0 +4.8


Operating EBIT

Q1-Q4

2012

Q1-Q4

2013 ∆

(%)

162.7 188.3 +15.7


Q1-Q4

2012

Q1-Q4

2013 ∆

(bps)

9.5 10.5 +99

119 140 138 117 136 177 169 178 167 159 186 175 170 197 174 170 166 194

66 80

143 121 110

119 133 122 116 121 144

107 132 100 104

155 98

130

52 55

38 61 43

58 59 127

90 111 82

75 101 94 126

82 124

50

17

60 16 40 33

66 41 60

58

100

44

65 79 78

162 127

121

0

100

200

300

400

500

600



Preliminary Performance continued ops. GEA Refrigeration Technologies


[in EUR million]

Order Intake

Q4

2012

Q4

2013 ∆

(%)

197.8 192.3 -2.8


Sales

Q4

2012

Q4

2013 ∆

(%)

203.1 210.6 +3.7


Operating EBIT

Q4

2012

Q4

2013 ∆

(%)

22.6 25.2 +11.6


Q4

2012

Q4

2013 ∆

(bps)

11.1 12.0 +84


61% 62%

11% 13%

8% 7% 5% 7%

10% 6% 2%

2% 1% 2%

2012 2013

Power

Marine

Chemicals


Oil & Gas

Other Industries

Food &Beverages

41% 41%

14% 15%

14% 14%

13% 13%

8% 9%

8% 5%

2% 2%

2012 2013

Latin America

Middle - East

Africa

Eastern Europe& CIS

North America

Asia - Pacific

Western Europe


Δ -2%

Δ +18%

Δ -15%

Δ -15% Δ +52%

Δ +22% Δ -43%

Δ -5%

Δ +7%

Δ +1%

Δ -39%

Δ +18%

Δ - 2%

Δ +5%


Preliminary Performance continued ops. GEA Refrigeration Technologies



[in EUR million]

Order Intake

Q1-Q4

2012

Q1-Q4

2013 ∆

(%)

756.2 726.3 -4.0


Sales

Q1-Q4

2012

Q1-Q4

2013 ∆

(%)

694.8 736.6 +6.0


Operating EBIT

Q1-Q4

2012

Q1-Q4

2013 ∆

(%)

56.2 61.5 +9.4


Q1-Q4

2012

Q1-Q4

2013 ∆

(bps)

8.1 8.4 +26

105 105 113 121 122 120 128 145

126 135 140 139 146 142 140 134 139 146

10 16 14

30 17 27 19 17

20 35 29 22

44 50 22 35 35

40

10

10 5 6 19

8 20

10 6

12 6

16

0

50

100

150

200

250



Q4 2013 vs.

Q4 2012

Q1-Q4 2013 vs.

Q1-Q4 2012

Q4 2013 vs.

Q3 2013

Sales

previous period 1,207 4,142 1,089

Structural Change +2 +0.2% +23 +0.5% 0 0%

Currency Effects -46 -3.8% -113 -2.7% -9 -0.8%

Organic Development +79 +6.5% +268 +6.5% +162 +15.0%

Sales

current period 1,242 +2.9% 4,320 +4.3% 1,242 +14.1%

∆ abs. ∆ in %

∆ abs. ∆ in %

∆ abs. ∆ in %

[in EUR million]

Preliminary Performance continued ops. Sales Q4 2013


Preliminary Performance continued ops. Operating EBIT Q4 2013


Q4 2013 vs.

Q4 2012

Q1-Q4 2013 vs.

Q1-Q4 2012

Q4 2013 vs.

Q3 2013

Operating EBIT

previous period 164.7 425.8 115.6

Structural Change 0.0 0% +2.3 +0.6% 0 0%

Currency Effects -5.1 -3.1% -9.4 -2.2% -1.4 -1.2%

Organic Development +27.5 +16.7% +40.4 +9.5% +72.9 +63.1%

Operating EBIT

current period 187.1 +13.6% 459.1 +7.8% 187.1 +61.9%

∆ abs. ∆ in %

∆ abs. ∆ in %

∆ abs. ∆ in %

[in EUR million]


• GEA ME has established best-in-class structures and processes e.g. in administration,

procurement, logistics that can be leveraged with further sales volume

• Combining GEA FS overhead structures with GEA ME‘s will help to further lower the

break-even point of GEA FS operations and will enhance the profitability recovery of GEA

FS independently of top-line growth

• GEA FS CEO will continue to run the operations

Realizing Synergies between GEA FS and GEA ME

GEA Food Solutions GEA Mechanical Equipment


Investor Relations Calendar Upcoming Roadshows and Conferences


February 19, 2014 Roadshow Germany Frankfurt

February 14, 2014 Roadshow France Paris

February 25, 2014 Roadshow UK London

March 12-13, 2014 Conference USA San Francisco

March 26, 2014 Conference France Paris

March 14 - 21, 2014 Roadshow North America Toronto, NY, Boston

MidAtlantic

March 19, 2014 Conference UK London

March 27, 2014 Conference UK London

April 3, 2014 Conference Germany Baden-Baden


Financial Calendar


March 7, 2014 Annual Report FY 2013

April 16, 2014 Annual General Meeting

May 6, 2014 Interim Report Q1 2014

July 28, 2014 Interim Report Q2 2014

October 28, 2014 Interim Report Q3 2014


570

622

551

843

944

929

610

535

646

447

492

470

356

538

364

Preliminary Performance continued ops. Working Capital Development

60

Trade

Receivables Inventories

Trade

Payables Advance

Payments

Working

Capital

Q3 2013

Q4 2013

-15

-2%

-71

-11%

+111

+21%

- 22

-5%

-174

-32%

Q4 2012

+101

+12%

+52

+9%

-75

-12%

+45

+10%

+182

+51%

_

_

_

[in EUR million]



Preliminary Performance GEA Heat Exchangers



[in EUR million]

33% 33%

30% 28%

16% 20%

5% 6% 6% 5% 6% 4% 3% 3%

2012 2013

Marine

Food &Beverages

Other Industries

Chemicals

Oil & Gas

Power


45% 43%

12% 16%

16% 16%

7% 9% 10% 8% 5% 5% 4% 3%

2012 2013

Latin America

Africa

North America

Middle - East

Asia - Pacific

Eastern Europe &CIS

Western Europe

Δ +2%

Δ -8%

Δ +5% Δ -16% Δ -25%

Δ -3%

Δ -5%

Δ +29%

Δ -5%

Δ +29%

Δ -21% Δ +4%

Δ -21%

Δ +23%

Order Intake*

Q4

2012

Q4

2013 ∆

(%)

349.7 426.8 +22.1


Sales

Q4

2012

Q4

2013 ∆

(%)

422.7 404.2 -4.4


Operating EBIT

Q4

2012

Q4

2013 ∆

(%)

52.1 46.5 -10.7


Q4

2012

Q4

2013 ∆

(bps)

12.3 11.5 -82



Preliminary Performance GEA Heat Exchangers



[in EUR million]

Order Intake*

Q1-Q4

2012

Q1-Q4

2013 ∆

(%)

1,509.8 1,500.3 -0.6


Sales

Q1-Q4

2012

Q1-Q4

2013 ∆

(%)

1,608.8 1,489.1 -7.4


Operating EBIT

Q1-Q4

2012

Q1-Q4

2013 ∆

(%)

135.0 123.3 -8.7


Q1-Q4

2012

Q1-Q4

2013 ∆

(bps)

8.4 8.3 -11

226 212 250 266 256 239

290 294 276 254 281 272 274 225

261 276 253 248

48 47

40 52

46 74 37 47 61

33

62 66 45

54

65 48 57 61 7 27

14

27 30 7

18 42 32

72

33 12

8 31

12 40 10 28 84

15

53 73 80 31

63 104 30

28 49

39 24

29

89

0

50

100

150

200

250

300

350

400

450

500


* Organic growth +2.3% yoy excl. large projects received in Q3

2012 but suspended later.


Backup: Preliminary Performance GEA Group & Segments Key Figures Time Line (1/6)


Order Intake

[in EUR million]Q1 08 Q2 08 Q3 08 Q4 08 2008 Q1 09 Q2 09 Q3 09 Q4 09 2009 Q1 10 Q2 10 Q3 10 Q4 10 2010

GEA Food Solutions1) 95,1 116,4 100,5 85,7 397,7 75,6 101,2 81,6 95,5 353,9 115,5 94,5 100,7 98,9 409,6

GEA Farm Technologies 123,5 120,5 137,0 116,0 497,1 94,9 101,2 94,9 98,6 389,6 101,1 116,1 115,0 116,3 448,5

GEA Mechanical Equipment 257,4 258,0 237,0 177,0 929,4 194,9 162,2 158,6 169,4 685,1 172,0 194,7 191,9 181,8 740,4

GEA Process Engineering 367,3 355,4 346,4 264,4 1.333,6 251,0 308,7 254,0 334,6 1.148,3 335,7 339,0 321,7 419,7 1.416,1

GEA Refrigeration Technologies 174,1 152,3 144,2 143,3 613,9 138,9 143,2 114,3 130,3 526,6 127,5 150,6 148,9 152,5 579,6

GEA Group excluding HX 899,2 863,9 842,9 687,1 3.293,0 664,4 703,0 605,0 715,6 2.688,1 713,4 777,3 755,3 854,4 3.100,3

GEA Heat Exchangers 485,0 416,4 389,1 431,4 1.721,9 413,6 338,9 365,0 301,3 1.418,7 304,4 398,3 404,1 399,2 1.506,0

GEA Group incl. HX 1.374,3 1.272,7 1.223,5 1.113,3 4.983,9 1.072,5 1.036,0 962,3 1.009,9 4.080,7 1.010,2 1.167,3 1.152,6 1.247,8 4.578,0

Order Backlog


GEA Food Solutions1) n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.



GEA Process Engineering 850,7 830,9 826,6 666,2 666,2 651,5 658,2 627,9 660,2 660,2 757,6 821,2 788,9 813,0 813,0


GEA Group excluding HX 1.483,5 1.520,3 1.539,2 1.283,6 1.283,6 1.276,0 1.274,4 1.175,8 1.161,1 1.161,1 1.301,8 1.417,0 1.362,1 1.333,5 1.333,5

GEA Heat Exchangers 1.348,3 1.344,1 1.291,7 1.172,1 1.172,1 1.203,6 1.165,3 1.142,6 1.008,6 1.008,6 1.006,7 1.061,1 1.071,3 1.086,9 1.086,9

GEA Group incl. HX 2.822,6 2.857,8 2.823,8 2.450,7 2.450,7 2.476,2 2.435,3 2.312,2 2.164,1 2.164,1 2.301,1 2.468,5 2.423,7 2.414,0 2.414,0

Sales







GEA Group excluding HX 735,9 856,2 844,4 916,2 3.352,7 674,5 688,4 695,0 756,1 2.814,0 603,2 700,7 769,7 889,5 2.963,1


GEA Group incl. HX 1.127,2 1.295,8 1.318,0 1.438,0 5.179,0 1.054,5 1.103,9 1.060,8 1.191,9 4.411,2 938,2 1.065,1 1.124,7 1.290,4 4.418,4

Operating EBITDA (before ppa & one-offs)

[in EUR million] Q1 08 Q2 08 Q3 08 Q4 08 2008 Q1 09 Q2 09 Q3 09 Q4 09 2009 Q1 10 Q2 10 Q3 10 Q4 10 2010

GEA Food Solutions1) -4,5 7,0 9,4 7,6 19,4 -2,9 4,9 7,0 6,4 15,5 13,5 10,3 5,5 6,8 36,2





GEA Group excluding HX 51,9 82,7 87,8 120,7 343,0 42,7 57,3 66,2 82,6 248,7 44,9 63,7 79,8 122,3 310,6

GEA Heat Exchangers 42,6 55,7 65,2 79,8 243,2 36,1 38,2 45,5 58,6 178,4 33,2 34,2 38,3 47,0 152,7

GEA Group incl. HX 94,5 138,6 152,7 200,1 585,9 78,8 95,4 111,7 147,2 433,1 78,1 97,9 118,1 169,5 463,5

Operating EBITDA - Margin

[in %] Q1 08 Q2 08 Q3 08 Q4 08 2008 Q1 09 Q2 09 Q3 09 Q4 09 2009 Q1 10 Q2 10 Q3 10 Q4 10 2010

GEA Food Solutions1) -4,9% 7,1% 9,5% 7,2% 4,9% -3,2% 6,2% 8,4% 7,8% 4,6% 13,4% 10,3% 5,9% 6,6% 9,1%

GEA Farm Technologies 6,3% 11,0% 15,4% 14,6% 12,4% 0,9% 8,2% 9,6% 8,2% 7,1% 4,4% 5,7% 9,9% 12,0% 8,5%

GEA Mechanical Equipment 15,3% 17,3% 15,5% 20,6% 17,2% 13,4% 12,9% 17,3% 21,3% 16,1% 15,8% 15,5% 19,5% 23,3% 18,8%

GEA Process Engineering 3,7% 6,6% 7,7% 11,8% 7,6% 4,1% 6,2% 7,5% 12,3% 7,7% 5,7% 6,9% 7,0% 12,0% 8,3%

GEA Refrigeration Technologies 5,8% 7,5% 8,2% 9,6% 7,9% 3,5% 6,3% 3,4% 6,7% 5,1% 3,2% 6,1% 6,6% 9,2% 6,6%

GEA Group excluding HX 7,0% 9,7% 10,4% 13,2% 10,2% 6,3% 8,3% 9,5% 10,9% 8,8% 7,4% 9,1% 10,4% 13,7% 10,5%

GEA Heat Exchangers 10,7% 12,4% 13,5% 15,1% 13,1% 9,3% 9,1% 12,2% 13,2% 11,0% 9,7% 9,2% 10,6% 11,5% 10,3%

GEA Group incl. HX 8,4% 10,7% 11,6% 13,9% 11,3% 7,5% 8,6% 10,5% 12,4% 9,8% 8,3% 9,2% 10,5% 13,1% 10,5%




Order Intake




GEA Mechanical Equipment 219,2 230,1 221,6 203,9 874,9 238,7 233,2 245,4 254,6 971,9 253,9 256,8 268,2 239,5 1.018,5



GEA Group excluding HX 874,3 1.024,8 1.040,6 1.047,0 3.986,7 1.146,0 1.028,6 1.111,6 1.139,2 4.425,4 1.095,1 1.220,0 1.168,3 1.144,4 4.627,9


GEA Group incl. HX 1.242,1 1.462,5 1.402,8 1.502,2 5.609,7 1.544,9 1.401,0 1.477,3 1.477,9 5.901,1 1.447,1 1.574,0 1.509,2 1.562,5 6.092,7

Order Backlog





GEA Process Engineering 888,2 927,4 972,2 951,2 951,2 1.082,3 1.104,5 1.142,5 1.069,6 1.069,6 1.164,2 1.269,5 1.334,9 1.290,5 1.290,5



GEA Heat Exchangers 1.092,5 1.135,4 1.063,5 1.086,0 1.086,0 1.103,2 1.074,1 1.045,5 933,3 933,3 979,3 846,5 799,5 805,1 805,1

GEA Group incl. HX 2.666,6 2.770,6 2.755,7 2.677,3 2.677,3 2.935,6 2.967,4 2.967,8 2.751,6 2.751,6 2.950,0 2.919,1 2.926,5 2.810,8 2.810,8

Sales







GEA Group excluding HX 706,7 964,6 980,5 1.176,4 3.828,3 880,5 994,1 1.060,5 1.207,2 4.142,3 924,2 1.064,6 1.089,1 1.242,2 4.320,0


GEA Group incl. HX 1.038,0 1.349,0 1.397,4 1.632,2 5.416,5 1.263,7 1.391,3 1.445,6 1.619,6 5.720,1 1.232,7 1.441,9 1.459,5 1.638,1 5.772,2

Operating EBITDA (before ppa & one-offs)


GEA Food Solutions1) 6,2 6,2 8,0 12,0 26,2 -7,3 2,9 1,4 -2,9 -6,0 -4,0 0,9 3,5 3,3 3,8







GEA Group incl. HX 91,9 135,7 166,7 235,7 630,1 100,6 146,6 169,8 245,0 661,9 98,5 156,0 172,1 261,9 688,6

Operating EBITDA - Margin

[in %] Q1 11 Q2 11 Q3 11 Q4 11 2011 Q1 12 Q2 12 Q3 12 Q4 12 2012 Q1 13 Q2 13 Q3 13 Q4 13 2013

GEA Food Solutions1) 5,5% -12,8% 7,7% 9,2% 7,6% -81,8% -0,7% -5,3% -23,5% -1,8% -5,1% 1,0% 3,9% 3,8% 1,1%







GEA Group incl. HX 8,9% 10,1% 11,9% 14,4% 11,6% 8,0% 10,5% 11,7% 15,1% 11,6% 8,0% 10,8% 11,8% 16,0% 11,9%




EBITDA reported









GEA Group incl. HX 94,5 138,6 152,7 200,1 585,9 76,7 82,3 87,9 121,8 368,7 76,8 83,3 86,7 118,9 365,7

Operating EBIT (before ppa & one-offs)



GEA Farm Technologies 4,3 11,9 19,5 19,5 55,2 -1,3 6,0 8,6 7,0 20,3 1,0 3,1 8,8 13,4 26,3






GEA Group incl. HX 77,1 120,6 133,6 179,1 510,4 57,9 73,3 89,4 121,4 341,9 54,4 73,6 94,5 144,3 366,8

Operating EBIT - Margin

[in %] Q1 08 Q2 08 Q3 08 Q4 08 2008 Q1 09 Q2 09 Q3 09 Q4 09 2009 Q1 10 Q2 10 Q3 10 Q4 10 2010

GEA Food Solutions1) -9,4% 3,4% 6,2% 4,2% 1,3% -9,2% 1,9% 4,5% 4,1% 0,1% 9,4% 7,0% 1,7% 3,0% 5,3%

GEA Farm Technologies 4,6% 9,6% 14,1% 13,2% 10,9% -1,5% 6,1% 7,6% 6,1% 4,9% 1,2% 2,9% 7,4% 9,9% 5,9%






GEA Group incl. HX 6,8% 9,3% 10,1% 12,5% 9,9% 5,5% 6,6% 8,4% 10,2% 7,8% 5,8% 6,9% 8,4% 11,2% 8,3%

EBIT reported



GEA Farm Technologies 4,1 11,6 18,8 18,8 53,4 -1,6 3,6 7,4 3,1 12,4 0,5 2,2 8,1 9,2 20,0





GEA Heat Exchangers 36,4 49,1 58,1 71,8 215,4 27,2 21,8 26,0 48,8 123,8 22,8 13,4 8,9 -15,2 29,9

GEA Group incl. HX 76,1 119,3 131,8 177,1 504,2 53,8 58,1 63,5 92,8 268,2 51,0 56,4 60,8 68,2 236,5




EBITDA reported


GEA Food Solutions1) 6,2 -13,2 8,6 12,0 7,4 -43,1 -0,8 -4,8 -20,7 -69,4 -4,0 0,9 3,5 3,3 3,8







GEA Group incl. HX 91,9 116,0 167,4 234,9 610,2 64,7 142,4 162,9 226,9 597,0 98,1 152,4 168,9 240,8 660,1

Operating EBIT (before ppa & one-offs)


GEA Food Solutions1) 2,8 4,0 5,5 10,2 19,6 -9,4 1,8 -0,2 -4,7 -12,4 -5,6 -0,8 1,7 1,0 -3,7







GEA Group incl. HX 69,0 109,7 139,8 206,1 524,6 74,7 122,5 146,7 216,8 560,8 73,2 129,9 145,6 233,6 582,4

Operating EBIT - Margin

[in %] Q1 11 Q2 11 Q3 11 Q4 11 2011 Q1 12 Q2 12 Q3 12 Q4 12 2012 Q1 13 Q2 13 Q3 13 Q4 13 2013

GEA Food Solutions1) 2,5% 3,8% 4,9% 7,8% 5,7% -17,8% 1,8% -0,3% -5,3% -3,7% -7,0% -0,8% 1,9% 1,2% -1,0%







GEA Group incl. HX 6,6% 8,1% 10,0% 12,6% 9,7% 5,9% 8,8% 10,1% 13,4% 9,8% 5,9% 9,0% 10,0% 14,3% 10,1%

EBIT reported


GEA Food Solutions1) 2,8 -22,6 -0,2 6,8 -16,0 -48,5 -5,3 -9,8 -39,3 -102,8 -9,0 -4,1 -1,7 -2,4 -17,3

GEA Farm Technologies 1,5 5,0 11,4 13,2 31,1 1,2 7,5 13,9 20,3 42,9 -0,9 4,8 13,7 23,7 41,2






GEA Group incl. HX 66,8 79,3 131,3 197,2 474,6 32,6 111,7 133,1 176,5 453,9 66,2 119,7 135,8 203,5 525,3



Capital Employed w /o goodw ill2) (average LTM)









GEA Group incl. HX 1.636,1 1.662,0 1.712,2 1.772,4 1.772,4 1.853,4 1.903,4 1.899,0 1.835,9 1.835,9 1.780,9 1.750,3 1.738,4 1.739,9 1.739,9

ROCE w /o goodw ill3) LTM

[in%]Q1 08 Q2 08 Q3 08 Q4 08 2008 Q1 09 Q2 09 Q3 09 Q4 09 2009 Q1 10 Q2 10 Q3 10 Q4 10 2010








GEA Group incl. HX 4,6% 11,8% 19,1% 28,4% 28,4% 26,0% 22,1% 18,6% 14,6% 14,6% 14,9% 15,1% 15,0% 13,6% 13,6%

Capital Employed w /o goodw ill2) (average LTM)


GEA Food Solutions1) n.a. n.a. n.a. n.a. n.a. 529,5 530,1 526,8 519,8 519,8 510,6 502,4 494,3 489,8 489,8







GEA Group incl. HX 1.796,3 1.949,7 2.128,3 2.314,2 2.314,2 2.462,7 2.518,1 2.548,2 2.556,5 2.556,5 2.546,1 2.534,0 2.523,5 2.525,5 2.525,5

ROCE w /o goodw ill3) LTM

[in%]Q1 11 Q2 11 Q3 11 Q4 11 2011 Q1 12 Q2 12 Q3 12 Q4 12 2012 Q1 13 Q2 13 Q3 13 Q4 13 2013

GEA Food Solutions1) n.a. n.a. n.a. n.a. n.a. -12,2% -8,9% -10,8% -19,8% -19,8% -12,4% -12,4% -11,0% -3,5% -3,5%







GEA Group incl. HX 14,0% 14,1% 16,2% 20,5% 20,5% 17,9% 18,8% 18,6% 17,8% 17,8% 19,2% 19,6% 19,7% 20,8% 20,8%



Backup: Preliminary Performance GEA Group & Segments Key Figures Time Line (6/6): Remarks


1) All historical figures for GEA FS before Q2 2011 are pro-forma figures only and haven't been audited due to the fact that GEA

FS's Financial Year was ending end of February. The listed historical figures before Q2 2011 are not included in the Group-

numbers of the corresponding period.

2) Capital employed excluding goodwill from the acquisition of the former GEA AG by the former Metallgesellschaft AG in 1999.

3) ROCE LTM = EBIT reported (LTM) / Capital employed excluding goodwill from the acquisition of the former GEA AG by the

former Metallgesellschaft AG in 1999 (average LTM).


ADR Information


GEA Group has a sponsored level I ADR program

Ratio: 1 ADR = 1 Ordinary share

Bloomberg ticker: GEAGY:US

CUSIP: 361592108

ISIN: US3615921083

Depositary bank: Deutsche Bank Trust Company Americas

Depositary bank contacts: ADR broker helpline

Tel: +1 212 250 9100 (New York)

Tel: +44 207 547 6500 (London)

Email: [email protected] and website: www.adr.db.com

Depositary bank’s local custodian: Deutsche Bank Frankfurt

69

mailto:[email protected]


Investor Relations Contact: [email protected]


Donat von Müller

+49 211 9136 1080

[email protected]

Axel Wolferts

+49 211 9136 1490

[email protected]

70

Dr. Helmut Schmale

+49 211 9136 1492

[email protected]

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