Gea Group Aktiengesellschaft · XETR:G1A
Gea Group Aktiengesellschaft — GEA Group — Shareholder Meeting (April 2024)
27 slides from Gea Group Aktiengesellschaft's shareholder meeting presentation, Apr 30, 2024
Slide 1: Annual General Meeting Fiscal Year 2023
Annual General Meeting Fiscal Year 2023 Stefan Klebert CEO Düsseldorf, April 30, 2024 1
Slide 2: 2023: A crisis-ridden and turbulent year …
2023: A crisis-ridden and turbulent year … The hottest year since Numerous challenges in the records began market environment 2
Slide 3: … marked by a profound loss
... marked by a profound loss GEA
Slide 4: Our results 2023
OUR RESULTS 2023 GEA
Slide 5: Another successful year in a challenging environment
Another successful year in a challenging environment FY 2023 FY 2022 Change (%) EUR 5,469 EUR 5,679 -3.7% Order intake million million +0.8% organic1 EUR 5,373 EUR 5,165 +4.0% Revenue million million +8.4% organic1 EBITDA2 EUR 774 million +8.7% margin 14.4% +0.6 percentage points ROCE2,3 32.7% +0.9
Slide 6: We have once again met our guidance
We have once again met our guidance Upgraded full-year guidance for 2023 Revenue growth1 EBITDA2 ROCE2 organic (%) EUR million % Upper end of range3 >8 730–790 >32.03 Year-end results 8.4 774 32.7 (8003) (33.13) 1 Adjusted for currency and portfolio effects; 2 Before restructuring expenses; 3 At con
Slide 7: As GEA shareholders, you will continue to benefit from our enhanced performance
As GEA shareholders, you will continue to benefit from our enhanced performance Development of dividend per share (EUR) Status of share buyback as of April 23, 2024 1.00* 1.0 0.95 0.90 0.9 0.85 0.8 135.5 Mio. EUR 0.7 2020 2021 2022 2023 *Proposed dividend for 2023 Proposal: dividend increase to Nove
Slide 8: A warm thank you to the entire GEA team!
A warm thank you to the entire GEA team! 8
Slide 9: Welcome, Bernd Brinker!
Welcome, Bernd Brinker! 9
Slide 10: Where do we stand?
WHERE DO WE STAND? GEA
Slide 11: Our financial targets are within reach
Our financial targets are within reach Organic sales growth EBITDA margin ROCE currency and portfolio adjusted before restructuring expenses before restructuring expenses1 (year-on-year) 5 8 16 17 18 19 4 6 7 9 10 14 15 20 6 13 21 12 22 7 5 11 11 23 3 10 24 4 12 9 25 8 26 2 8 7 27 3 13 6 28 5 29 2 1
Slide 12: We are making progress with our seven strategic levers
We are making progress with our seven strategic levers Innovation & Sales Operational Digitalization Excellence Excellence Service Sustainability New Food Excellence Acquisitions 12
Slide 13: Highlight: Service Excellence
Highlight: Service Excellence Service revenue share 37% 36.1% 36% 34.9% 35% 34.2% 34% 33% 2021 2022 2023 Revenue share accounted for by service business is growing. That strengthens our profitability Digital solutions increase customer benefit and customer loyalty 13
Slide 14: Highlight: Sustainability
Highlight: Sustainability GEA recognized as sustainability frontrunner and industry pioneer Leading positions in sustainability ratings and indices – for instance, inclusion in Dow Jones Sustainability World Index 2023: GEA’s Year of Innovation in Sustainability Comprehensive emission targets (Scope
Slide 15: The GEA Climate Transition Plan 2040
The GEA Climate Transition Plan 2040 Our path to net-zero emissions
Slide 16: "Say on Climate": A first in the DAX index family
“Say on Climate”: A first in the DAX index family We give you a say in GEA’s climate protection activities You can vote today on our Climate Transition Plan 2040 GEA is the first company in the DAX index family with a “Say on Climate” resolution 16
Slide 17: Our commitment to climate action: stepping up the pace to net zero
Our commitment to climate action: stepping up the pace to net zero Baseline Scope 1 & 2 Scope 1 & 2 60% 80% GEA Scope 3 2019 27.5% net zero 2026 2030 2040
Slide 18: GEA is in a process of fundamental transformation
GEA is in a process of fundamental transformation Taking a public stance Social responsibility Value and supply Value and supply chain chain obligations Operations Transformation of our operations Transformation of our product Product portfolio portfolio Our corporate culture is the backbone Corpora
Slide 19: Focus on Scope 1 & 2: decarbonizing our sites worldwide
Focus on Scope 1 & 2: decarbonizing our sites worldwide Total investments of EUR ~ 175 million 100% 100% planned to decarbonize exit from fossil energy emission-free company our sites by 2040 by 2040 vehicles by 20301 2% 100% 25% annual increase in renewable electricity share of self-generated2 ener
Slide 20: Highlight: Hachen solar park
Highlight: Hachen solar park We are expanding our own generation1 of renewable electricity From 2024, we are financing a photovoltaic park on GEA-owned land in Hachen, Germany This will enable us to cover up to 18% of our electricity requirements in Germany ourselves 1 This includes both owned renew
Slide 21: Scope 3: Important levers
Scope 3: Important levers Roll-out of Digital Scope 3 Product innovation around climate Add Better products solutions protection Scope 3: Biggest challenge – and greatest potential Our customers’ production processes are mostly very energy-intensive Implementation of Electrification of Sustainabilit
Slide 22: Highlight: Add Better – resource-efficient customer solutions
Highlight: Add Better – resource-efficient customer solutions Automated Spray drying milking up to 19% up to 49% less energy less energy Aseptic blower Decanter centrifuge up to 31% up to 50% less energy less energy 22
Slide 23: Highlight: GEA OptiPartner – sustainable optimization with AI
Highlight: GEA OptiPartner – sustainable optimization with AI Optimum performance for spray drying Process control solution improves productivity and reduces energy consumption by up to 14% Saves up to 1,600 tons of CO2 per year = annual emissions of ~200 people1 1 Annual per-capita emissions of 8 t
Slide 24: Highlight: Sustainathons – promoting innovative solutions
Highlight: Sustainathons – promoting innovative solutions 88 7 60+ experts from all on-site workshops new, innovative ideas GEA divisions involved organized at 5 locations developed 24
Slide 25: Climate action at GEA: Your say on climate
Climate action at GEA: Your say on climate Climate action is a core element of GEA’s strategic direction We want to make our actions even more transparent and actively involve you on our path to net zero A respective vote at the Annual General Meeting is planned every three years 25
Slide 26: GEA's path to a sustainable future
GEA’s path to a sustainable future The world needs more committed companies that lead the way Climate action remains key issue for the future Our machines, systems and processes make a decisive contribution GEA’s Climate Transition Plan 2040: Thank you for your vote! 26
Slide 27: Engineering for a better world.
| Engineering for a better world.