Q3 profits rise at German engineering group GEA

Net profit increased year on year at German engineering group GEA, which reported on Monday that third-quarter earnings were up by 6.4% to €128.5 million ($144 million).

Earnings per share increased to €0.79 from €0.74. Earnings per share before restructuring expenses rose to €0.87 from €0.76.

Earnings before interest, taxes, depreciation and amortization (EBITDA) before restructuring expenses increased by 12.6% to €260.9 million. Revenue increased 7% to €1.46 billion. Organic revenue growth was 6.2% for the quarter.

GEA confirmed its outlook for full-year 2026. The company expects organic revenue growth of 6% to 8%, and an EBITDA margin before restructuring expenses of 17% to 17.4%.