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GEA reports 2025 growth as Heating & Refrigeration drives revenue
12 March 2026

GEA reports 2025 growth as Heating & Refrigeration drives revenue

GEA increased order intake, revenue and profitability in fiscal 2025 and forecast organic revenue growth of 5.0% to 7.0% for 2026. The company said organic revenue growth in 2025 was driven primarily by its Food & Healthcare Technologies, Heating & Refrigeration Technologies, and Separation & Flow Technologies divisions.

Order intake rose 6.7% to EUR 5.9 billion from EUR 5.6 billion, while revenue increased 1.4% to EUR 5.5 billion from EUR 5.4 billion. On an organic basis, order intake grew 9.1% and revenue grew 3.7%, with all divisions contributing to higher order intake.

EBITDA before restructuring expenses increased to EUR 907.4 million from EUR 837.3 million, and the related margin improved to 16.5% from 15.4%. Net working capital improved to 3.2% of revenue from 6.0%, while free cash flow rose to EUR 511.8 million from EUR 504.8 million.

GEA said it won 15 major contracts worth a total of EUR 560.6 million in 2025, and that service accounted for 40.0% of total revenue. The company also said sustainable technologies now account for more than 45% of revenue and that it reached its interim target for cutting Scope 1 and 2 greenhouse gas emissions a year ahead of schedule.

“This year, we will accelerate our growth trajectory. The strong order backlog, our more agile and flexible organization, and the global demand for our sustainable systems and processes are key growth drivers,” said Stefan Klebert, CEO of GEA.
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