Gea%20on%20roadshows%20and%20conferencens%20q1%202013 tcm11 25559

GEA Group

Düsseldorf, May 8, 2013

Q1 2013 Presentation for Roadshows and Conferences

engineering for a better world

Disclaimer

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%.

GEA on Roadshows and Conferences - Q1 2013 2


Table of Contents

3

GEA Group in Summary

GEA on Roadshows and Conferences - Q1 2013

Pages 5 – 29

GEA Group Segment Structure Page 21

Outlook Pages 37, 58

Large Order Development Page 34

Segment Performance incl. Organic Growth Rates Pages 46 – 57

Top Line Development by Customer Industry Pages 42

GEA Group in Emerging Markets Pages 25 – 28

Regional Top Line Distribution Pages 33, 41

Historical Key Figures GEA Group and Segments Pages 62-66

ADR Information Page 67


Agenda

4

The GEA Group

Results Q1 2013

Backup



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 and energy industries

• Revenue 2012: EUR 5,720 million

• Operational EBIT 2012: EUR 562 million / 9.8% margin

• Cash Flow 2012: EUR 467 million

• Employees per 31/12/12: Around 24,500



55%

10%

6%

11%

6%

5% 3% 4%

35%

23%

15%

10%

7%

5% 5%

Global GEA setup focusing on growth drivers Food and Energy

6 GEA on Roadshows and Conferences - Q1 2013

By Customer Industry By Region

=> Emerging markets* exposure: ~40%

Food

Oil & Gas

Power

Pharma

Chemicals

Marine

Climate &

Environment

Other

Sales L4Q per

Q1 2013:

EUR 5.7bn

Asia-Pacific

North

America

Latin

America

Eastern

Europe

Middle East

Africa

Western

Europe

Sales L4Q per

Q1 2013:

EUR 5.7bn

* According to the definition of emerging/developing economies by International Monetary Fund.


Growth drivers – Food and Energy

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

engineering for a better world 8

Development of GEA sales since 1983*


0

1,000

2,000

3,000

4,000

5,000

6,000

[in EUR million]

CAGR GEA sales

1983-2012: +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).


0

20

40

60

80

100

120

140

160

180

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

GDP GEA

GEA organic sales growth outperforms global GDP


Source: IMF World Economic Outlook April 2012.

CAGR Global

GDP 2003-2012:

+3.8%

CAGR GEA sales w/o

portfolio adjustments

2003-2012:

+5.6%

(Index 2003 = 100)


Strong focus on operating margin improvement

[in EUR million]


4,059

3,391

4,346 4,856

5,179

4,411 4,418

5,071 5,388

346

332

2.1%

6.6% 6.9%

8.3%

9.9%

7.8%

8.3%

10.0%

10.7%

9.7%

9.8%

0%

2%

4%

6%

8%

10%

12%

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

2004 2005 2006 2007 2008 2009 2010 2011 2012

Sales GEA FS Sales w/o GEA FS

EBIT margin w/o GEA FS bef. PPA. and restr. EBIT margin incl. GEA FS bef. PPA., restr. and one-offs within GEA FS

engineering for a better world 11 GEA on Roadshows and Conferences - Q1 2013

769 802 901

1,066

1,317 1,318 14.9%

18.2%

20.4%

19.7%

23.0% 23.2%

25.0%

2008 2009 2010 2011 2012 Q1 2013 LTM Aim

Service Sales GEA Service as % of Sales

Service business: Aim of >25% of sales Per Q1 2013 at EUR 1.3bn annual run rate

[in EUR million]

>25%

CAGR GEA

Service business

2008-2012: +14%


2,463 2,518 2,548 2,556 2,546

17.9% 18.8% 18.6%

17.8%

19.2%

0%

5%

10%

15%

20%

25%

0

500

1000

1500

2000

2500

3000

Q1 12 Q2 12 Q3 12 Q4 12 Q1 13

Capital Employed (average LTM) ROCE (average LTM)

ROCE Development* One of GEA’s major bonus drivers


[in EUR million]

*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)

3,000

2,500

2,000

1,500

1,000

500


730 732

Ø WC Q2 11-Q1 12

Ø WC Q2 12-Q1 13

252

299 329

368

470

4.5%

5.3%

5.7%

6.4%

8.3%

0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

10%

0

50

100

150

200

250

300

350

400

450

500

Q1 12 Q2 12 Q3 12 Q4 12 Q1 13

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

Strong focus on cash generation One of GEA’s major bonus drivers


[in EUR million]

Cash Flow Driver

LTM per Q1 13 Δ Working Capital

LTM

470

CAPEX LTM

per Q1 13

-2

-158

EBITDA LTM

per Q1 13

630


Our equipment is also needed to form, cook, fry,

grill or freeze commercially processed meat


Around one of every four liters of milk will have

been obtained through GEA milking equipment

engineering for a better world GEA on Roadshows and Conferences - Q1 2013 16

Heat exchangers are also needed for

pasteurization of dairy products


Equipment for safe, healthy and nutritious food

products


But also around one third of all instant coffee is

produced with GEA machinery

engineering for a better world GEA on Roadshows and Conferences - Q1 2013 19

Cooling and freezing applications optimally

matched to our customers products


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 Heat

Exchangers

Plate heat

exchangers

Milk production,

beverage processing

Marine, cargo, cruiser;

pulp and paper

processing

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



Group structure

21

GEA Farm

Technologies

GEA Heat

Exchangers

GEA Mechanical

Equipment

GEA Process

Engineering

GEA Refrigeration

Technologies GEA Food Solutions

6 % of Group Sales

10 % of Group Sales

27 % of Group Sales

16 % of Group Sales

29 % of Group Sales

12 % of Group Sales

~ 100 % food related

~ 100 % food related

~ 6 % food related

~ 54 % food related

~ 68 % food related

~ 61 % food related


Spray Drying

Aseptic Filling

Brewery & Dairy

Systems

Pharma Systems

Separators

Decanters

Homogenizers

Valves

Milking & Cooling

Farm Services

Farm Equipment

Finned, Shell & Tube

Cooling Towers

Plate Heat Exchangers

HVAC Systems

Compressors

Packages and Skids

Ice Machines

Freezers

Bowl Choppers

Spiral Cookers

Slicers

Thermoformers

Operating EBIT FY 2012: -3.7%

Operating EBIT FY 2012: 8.0%





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


2,123 41%

2,021 46%

2,081 47%

2,781 51%

3,077 54%

673 425 337

324 341 725

638 586

631 614 259

256 221

263 299

414

245 225

303 336 311

190 186

188 186 616

522 599

662 644 104

114 184

264 224

0

1,000

2,000

3,000

4,000

5,000

6,000

2008* 2009 2010 2011 2012

Other Industries

Climate & Environment

Marine

Chemicals

Pharma

Power

Oil & Gas

Food & Beverage

* 2008 industry split based on industry reclassification announced in Q4 2009.

2,242 43%

2,009 46%

1,757 40%

2.013 37%

1,997 35%

850 16% 815

18% 971 22%

1.193 22%

1,321 23%

761 15% 634

14% 614 14%

711 13%

871 15%

610

347 407

547 560 298

235 260

366 393 161

196 241

292 296

255

175 168

294 282

0

1,000

2,000

3,000

4,000

5,000

6,000

2008 2009 2010 2011 2012

Middle - East

Africa

Latin America

Eastern Europe & CIS

North America

Asia - Pacific

Western Europe

22

Sale

s b

y C

usto

me

r In

du

str

y

sin

ce

2008

-37%

-5%

-12%

-39%

-4%

+34%

+8%

+1%

[in EUR million]


-21%

+3%

-8%

-2%

-768

(-15%)

4,418

5,179

4,411

5,417

Sale

s b

y r

eg

ion s

ince

2008

-4%

-10%

-17%

-43%

+19%

-13%

-3%

+17%

+23%

+15%

+16%

+34%

GEA exposure to Food and Asia-Pacific rising

5,720

-768

(-15%)

4,418

5,179

4,411

5,417 5,720

+11%

+5%

-3%

-1%

-1%

+11%

+22%

+2%


Stable investment behavior of food industry

23

100

120

140

160

180

200

220

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

Ma

r-0

5

Jun-0

5

Se

p-0

5

De

c-0

5

Ma

r-0

6

Jun-0

6

Se

p-0

6

De

c-0

6

Ma

r-0

7

Jun-0

7

Se

p-0

7

De

c-0

7

Ma

r-0

8

Ju

n-0

8

Sep-0

8

De

c-0

8

Ma

r-0

9

Ju

n-0

9

Se

p-0

9

De

c-0

9

Ma

r-1

0

Ju

n-1

0

Se

p-1

0

De

c-1

0

Ma

r-1

1

Jun-1

1

Se

p-1

1

De

c-1

1

[EUR Million]

Rolling Capex* Food Price Index**

Source: Citi Investment Research

* Capex Model based on >70 manufacturers ** Food Price Index: 2002-2004 = 100. Food Price Index consists of the average of 5 commodity group price indices (meat, dairy,

cereals, oil & fat, and sugar) weighted with the average export shares of each of the groups for 2002-2004.

Despite volatile food price, food manufacturers’ expenditure (implied by

CAPEX) for durable capital goods, such as machinery, remains stable.

Ro

llin

g C

ap

ex

* F

oo

d P

rice

Ind

ex

**

CAGR

2008-2011:

+9.3%

GEA Sales from

Food Industry

CAGR 2008-2011:

+9.4%



Very diversified customer base 4 out of the top 10 customers coming from EM

Our largest customer in food industry has a revenue share of only 1.3 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


4 out of the Top 10 customers are

already coming from Emerging Markets

GEA is independent of single customers


Global China

Focus on local players in Emerging Markets


Retail market share of two largest western and Chinese suppliers*

* Source: Financial Times 4.4.2011.

2009-2012 GEA large orders with value of more than €10m

~90% of GEA Food &

Beverage large orders

from Asia were booked

with value of more than

€10m by local players.

Some large Chinese

local players in Food &

Beverage industry have

larger market share in

China than global

players.

70%

30%

from Emerging Markets from Mature Market

90%

10%

from Local Players from Global Players

16.8 23.5 16.8 12.6 3.0

0.8 13.0 0.9 7.9

Soft drinks

Coca-Cola

18.2 6.9

Ice cream

Tingyi Hangzhou Wahaha Yili Industrial Mengniu Dairy

PepsiCo Unilever Nestle

0.9 15.8 1.5 12.6

5.9 10.7


Source: UN, Rabobank.


Changing eating habits lead to growing demand in

1. Functional food,

2. Processed and prepared food, especially meat, and

3. Convenience food.

Growth in food industry Driven by growing demand from Emerging Markets


GEA Sales 2009 GEA Sales 2010 GEA Sales 2011 GEA Sales 2012

Emerging Markets Account for ~40% of Group Sales

27

* Emerging and developing economies defined by IMF.

Dynamic growth in various smaller emerging markets

71% 60% 58% 59%

29% 40% 42% 41%

FY 2009 FY 2010 FY 2011 FY 2012

∆ +29%

YoY

∆ +18%

YoY

∆ +40%

YoY

∆ -16%

YoY

CAGR of

Sales from

Emerging Markets:

22.6%

CAGR of

Sales from

Mature Markets:

2.2%

CAGR of Sales GEA Group 2009-2012: 8.9%


∆ +3%

YoY

∆ +8%

YoY

BRICS: 23% of Sales 19% of Sales

Other

EM

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//upload.wikimedia.org/wikipedia/commons/9/9f/Flag_of_Indonesia.svg

http://de.wikipedia.org/w/index.php?title=Datei:Flag_of_Egypt.svg&filetimestamp=20110213010123

//upload.wikimedia.org/wikipedia/commons/7/78/Flag_of_Chile.svg

http://en.wikipedia.org/wiki/File:Flag_of_Colombia.svg

http://en.wikipedia.org/wiki/File:Flag_of_Hungary.svg


GEA’s global presence & target regions


All Segments

Min. 3 Segments

1Segment

Not present with own entity

Calculation GEA Sales/GDP per country 2012(e)*

100

*Value for China = Index 100; Source: IMF WEO 2012 October. GEA Sales in EUR million and GDP USD trillion.

86

106

211

156

78

72

30

Peru

Chile

Indonesia

Mexico

Argentina

Brazil

India

Thailand

China

Colombia

171

Turkey

416

Vietnam

104

63


Growth Drivers Implication for Equipment

Suppliers (like GEA)

GEA as Full

Scope Supplier

■ Worldwide population and

GDP growth:

Rising volume demand

■ Growth of middle class in

emerging markets:

Rising purchasing power for

quality nutrition

■ Urbanization:

Consumption patterns

favoring convenience food

■ Favoring high level, full scope suppliers of internationally uniform quality

■ Efficiency improvements expected

■ Stricter hygienic standards and regulations

■ Demand for low cost of owner-ship to cope with increasing input costs in production

■ Accelerating “time to market” of new or improved products

Growth in food industry Opportunities and challenges


GEA Group is a full scope supplier offering its customers energy efficient innovations

and solutions


Agenda

30

The GEA Group

Results Q1 2013

Backup



I. Key Figures Highlights Q1 2013


Order Intake

EUR 1,447m

Organic: -6% yoy

Organic adjusted for large order in Q1 2012: -1% yoy

Sales

EUR 1,233m Organic: -2% yoy

Operating EBIT

EUR 73m -2% yoy

Outlook 2013 Guidance confirmed

Operating EBIT-Margin 5.9%; +2 bps yoy

Book to Bill Ratio GEA Group L4Q: 1.02

Cash Generation Capacity Working Capital (LTM) back below 13% of sales

Cash Flow Driver Margin (LTM) improved to 8.3%

Order Intake Food Adjusted for large order in Q1 2012: +7% yoy


-6%

1,545 1,478 1,447

Q1 2012 Q4 2012 Q1 2013

I. Key Figures GEA Group Q1 2013


[in EUR million]

Order Intake

-2%

1,264

1,620

1,233

Q1 2012 Q4 2012 Q1 2013

Sales

-2%

75

217

73

Q1 2012 Q4 2012 Q1 2013

Operating EBIT

+2 bps

5.9%

13.4%

5.9%

Q1 2012 Q4 2012 Q1 2013

Operating EBIT Margin


II. Performance Regional Order Intake Trend as of Q1 2013


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

[in EUR million]

0 100 200 300 400 500 600

Q1 12

Q2 12

Q3 12

Q4 12

Q1 13

0 400 800 1200 1600

Q1 12

Q2 12

Q3 12

Q4 12

Q1 13

0 100 200 300 400 500 600

Q1 12

Q2 12

Q3 12

Q4 12

Q1 13

0 100 200 300 400 500 600

Q1 12

Q2 12

Q3 12

Q4 12

Q1 13

0 100 200 300 400 500 600

Q1 12

Q2 12

Q3 12

Q4 12

Q1 13

0 100 200 300 400 500 600

Q1 12

Q2 12

Q3 12

Q4 12

Q1 13

0 100 200 300 400 500 600

Q1 12

Q2 12

Q3 12

Q4 12

Q1 13

0 100 200 300 400 500 600

Q1 12

Q2 12

Q3 12

Q4 12

Q1 13

Eastern Europe & CIS Western Europe North America

Asia Pacific

∆ QoQ: -11%

w/o LO*: -12%

∆ YoY: -2%

w/o LO*: -20%

∆ QoQ: +1%

w/o LO*: +3%

∆ YoY: +24%

w/o LO*: +18%

∆ QoQ: +63%

w/o LO*: +31%

∆ YoY: -11%

w/o LO*: -12%

∆ QoQ: +13%

w/o LO*: +11%

∆ YoY: +2%

w/o LO*: 0%

∆ QoQ: -3%

w/o LO*: -13%

∆ YoY: -21%

w/o LO*: -22%

∆ QoQ: -22%

w/o LO*: -11%

∆ YoY: -8%

w/o LO*: +2%

∆ QoQ: -5%

w/o LO*: +2%

∆ YoY: -3%

w/o LO*: -3%

∆ QoQ: -3%

w/o LO*: -2%

∆ YoY: -6%

w/o LO*: -8%

Latin America

Middle East Africa GEA


II. Performance Large Order Development since Q3 2009


[in EUR million]

662 673 739 777 767 809

879 905 991 954 916

1,005 982 966 959 961

140 156

203 210 185

223 210

214

231 228

241

281 233 265 229 209

59 105

52 88

95

69 82

178

178 161 183

129

114 132 138 142

101 76

16

93 106

146 72

63

63 60

162 130

72 114 151 134

0

200

400

600

800

1,000

1,200

1,400

1,600

Q3 09 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

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

1,600

1,400

1,200

1,000

Sequential base orders (up to EUR 1m) development stable


II. Performance Working Capital Development


[in EUR million]

657

482

567 555 566

445

647 707 720

577

772 764 741

533

726

17.2%

16.4% 15.0%

13.9%

13.1% 12.4% 12.4% 12.4% 12.6% 12.6%

12.9% 13.3%

13.3%

13.2%

12.9%

0%

2%

4%

6%

8%

10%

12%

14%

16%

18%

0

100

200

300

400

500

600

700

800

900

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

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

- 435 bps

Working Capital back below 13% of Sales


II. Performance Net Liquidity Reconciliation – Cash Flow Drivers


[in EUR million]

Net Debt 31.12.2012 (325.5)

Net Debt 31.3.2013 (494.0)

Discontinued Operations (1.6)

Others (37.7)

Taxes / Interests (22.0)

CAPEX (19.8)

Delta Working Capital (185.5)

EBITDA 98.1


III. Outlook Key Figures FY 2013


Sales: moderate growth

Calculation Cash Flow Driver Margin:

EBITDA – Capex +/- Working Capital (LTM)

Sales

EBITDA: around EUR 700m

Assuming that there is no downturn in global economic growth, we are aiming at the

following in the current fiscal year

Cash Flow Driver Margin: at least 8%


Agenda

38

The GEA Group

Results Q1 2013

Backup



I. Key Figures Segments Q1 2013 YoY


[in EUR million]

9 7

17 26

36 38

24 18

2 0

-9 -6

Q1 2012 Q1 2013

GEA FS

GEA FT

GEA HX

GEA ME

GEA PE

GEA RT

178 178

511 481

239 254

406 362

148 139

97 76

Q1 2012 Q1 2013

GEA FS

GEA FT

GEA HX

GEA ME

GEA PE

GEA RT

1,545 1,447

+6%

-11%

-6%

0%

-6%

-22%


Q1 2012 Q1 2013 YoY

GEA FS -17.8% -7.0% +1.074 bps

GEA FT 1.6% 0.1% -149 bps

GEA HX 6.2% 5.6% -61 bps

GEA ME 16.7% 17.5% +84 bps

GEA PE 4.4% 6.5% +207 bps

GEA RT 5.8% 4.8% -103 bps

GEA Group 5.9% 5.9% +2 bps

-6%

Order Intake

150 152

373 394

217 218

390 318

118 111

53 80

Q1 2012 Q1 2013

GEA FS

GEA FT

GEA HX

GEA ME

GEA PE

GEA RT

1,264 1,233

+1%

-18%

+6%

+2%

-6%

+51%

-2%

Sales

75 73

+55%

+6%

-16%

+40%

-27%

-93%

-2%

Operating EBIT


II. Performance Order Intake Organic Growth


Q1 2013

1,447

Organic

Growth w/o

Unusual

Large Order

-15

Unusual PE

Large Order

from New

Zealand in

Q1 2012

-70

Structural

Change

+6

Currency

Effect

-19

Q1 2012

1,545

[in EUR million]

-1.2% +0.4%

-1.0%

-4.5%

-6.3%

Comparable Organic Growth Q1 2013 YoY: -1.0% Comparable Organic Growth Q1 2013 QoQ: -1.1%

Organic Growth YoY: -5.5%

-13

-1 -17

1,447

Q1

2013

Organic

Growth

Structural

Change

Currency

Effect

Q4

2012

1,478

-0.9% -0.1%

-1.1% -2.1%


II. Performance Regional Sales L4Q per Q1 2013


35% (36%)

23% (22%)

15% (14%)

10% (10%)

7% (7%)

5% (5%)

5% (6%)

Emerging markets*

exposure: 41% (42%) abs.: -2% YoY

Sales L4Q per

Q1 2013:

EUR 5,689m

+1% YoY

Germany

10% (11%) abs.: -6% YoY

USA

14% (12%) abs.: +16% YoY

China

10% (10%) abs.: -5% YoY

Top 3 Countries

Western Europe abs.: -3% YoY

Asia-Pacific abs.: +5% YoY

North America

abs.: +14% YoY

Latin America abs.: +1% YoY

Eastern Europe

& CIS abs.: -6% YoY

Middle East abs.: -13% YoY Africa

abs.: -1% YoY

* According to the definition of emerging/developing economies by International Monetary Fund.


II. Performance Order Intake by Customer Industry since Q4 2009*

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


60%

80%

100%

120%

140%

160%

Q409

Q110

Q210

Q310

Q410

Q111

Q211

Q311

Q411

Q112

Q212

Q312

Q412

Q113

Food - Dairy Food - Beverages

Food - Solid GEA Group

60%

80%

100%

120%

140%

160%

Q409

Q110

Q210

Q310

Q410

Q111

Q211

Q311

Q411

Q112

Q212

Q312

Q412

Q113

Pharma Chemicals Marine GEA Group

60%

80%

100%

120%

140%

160%

Q409

Q110

Q210

Q310

Q410

Q111

Q211

Q311

Q411

Q112

Q212

Q312

Q412

Q113

Oil & Gas Power

Climate & Environment GEA Group

27% 28%

9% 13%

20% 17%

7% 7%

9% 8%

5% 4%

6% 5%

3% 3%

11% 11%

4% 5%

Q1 2012 Q1 2013

Other Industries

Climate &EnvironmentMarine

Chemicals

Pharma

Power

Oil & Gas

Food - Solid

Food - Beverages

Food - Dairy

Δ-2%

Δ-10%

Δ-16%

Δ+32%

Δ-14% Δ+1%

Δ-17% Δ-28%

Δ+5%

Δ-17%

-6%

1,545

1,447

Food

exposure:

58%


Book to bill ratio (L4Q)

Q1 2013

Food - Dairy 1,04 8,4% 1,07 2,6% 1,12 6,1% 1,06 2,1% 1,14 0,9% 1,00 0,8% 0,76 4,5% 1,00 25,3%

Food - Liquid 1,46 3,2% 0,94 1,0% 1,33 1,6% 1,48 1,1% 0,91 0,5% 1,48 0,3% 1,09 3,7% 1,22 11,4%

Food - Solid 1,00 7,7% 1,23 2,3% 0,86 2,5% 1,04 1,3% 0,91 1,0% 0,91 0,8% 0,99 3,1% 0,99 18,6%

Total Food & Beverages 1,08 19,3% 1,10 5,8% 1,07 10,2% 1,13 4,4% 0,98 2,4% 1,02 1,8% 0,91 11,3% 1,04 55,3%

Oil & Gas 1,23 1,3% 1,30 0,9% 1,17 1,1% 0,47 0,4% 1,15 0,5% 0,96 0,5% 1,43 1,8% 1,13 6,5%

Power 0,93 2,2% 0,85 0,4% 1,09 1,3% 0,73 0,6% 0,48 0,8% 1,03 1,6% 0,73 1,4% 0,83 8,2%

Total Energy 1,02 3,5% 1,13 1,3% 1,13 2,4% 0,60 1,0% 0,62 1,3% 1,01 2,1% 1,02 3,2% 0,94 14,8%

Pharma 1,06 2,0% 0,62 0,3% 0,86 0,8% 1,70 0,3% 0,79 0,1% 0,84 0,1% 1,23 2,0% 1,05 5,6%

Chemicals 1,36 1,9% 0,89 0,4% 0,78 0,8% 0,96 0,4% 0,62 0,0% 2,58 0,6% 0,92 2,1% 1,06 6,2%

Marine 1,01 1,4% 0,59 0,1% 0,93 0,1% 1,34 0,1% 0,98 0,0% 1,16 0,0% 0,80 1,1% 0,91 2,8%

Climate & Environment 1,01 6,9% 0,97 1,6% 1,22 1,0% 1,40 0,3% 1,21 0,2% 1,04 0,4% 1,14 0,9% 1,04 11,3%

Other Industries 0,99 1,6% 1,54 0,3% 1,49 0,6% 1,16 0,3% 0,53 0,1% 1,50 0,2% 1,02 1,0% 1,10 4,0%

Other 1,05 13,7% 0,92 2,6% 1,01 3,3% 1,25 1,4% 0,87 0,4% 1,47 1,4% 1,01 7,1% 1,04 29,9%

Total 1,06 36,5% 1,05 9,7% 1,06 16,0% 1,02 6,8% 0,82 4,1% 1,11 5,3% 0,95 21,6% 1,02 100,0%

Asia - Pacific TotalWestern

Europe

Eastern Europe

& CIS

North America Latin America Africa Middle - East

II. Performance 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


II. Performance Top Line Trend / Order Backlog


[in EUR million]

2,301

2,469 2,424 2,414

2,667 2,771 2,756

2,677

2,936 2,967 2,968

2,752

2,950

0

500

1000

1500

2000

2500

3000

3500

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

Order Backlog invoicable in respective FY Order Backlog invoicable after respective FY Order Intake Sales

3,000

2,500

2,000

1,500

1,000

500

0

3,500

L4Q BtB ratio

1,900

767

2,100

836

2,200

750

1.00 1.04 1.06 1.06 1.03 1.03 0.94 0.98 1.06 1.04 1.04

#

1.02

1,600

701

1.03


II. Performance Service Business Q1 2013

Growth in service sales Q1 2013 yoy: +0.1% to a total of EUR 306m

Share of service sales Q1 2013: 24.8% (Q1 2012: 24.2%)

* Calculated without one-time POC-related accounting adjustments of EUR 42m (in the denominator)


[in EUR million]

306

34

52 49

72

55

43

306

35

53

40

74

59

45

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

45%

+0%

+1%

+4%

%

48% 24% 25%

44% 13% 13%

33% 34%

15% 15%

29% 30%

+3%

+7%

-18%

36%

Q1 2012 Q1 2013

+3%

Service business as % of sales


II. Performance GEA Food Solutions


Order Intake by Customer Industry Order Intake by Region

[in EUR million]

Order Intake

Q1

2012

Q1

2013 ∆

(%)

97.4 75.8 -22.2

thereof organic: -22.1

Sales*

Q1

2012

Q1

2013 ∆

(%)

52.7 79.7 +51.2

thereof organic: +51.5

Operating EBIT**

Q1

2012

Q1

2013 ∆

(%)

-9.4 -5.6 +40.1


(%)

Q1

2012

Q1

2013 ∆

(bps)

-17.8 -7.0 +1,074

100%

100%

Q1 2012 Q1 2013

Food &Beverages

42% 49%

17%

15%

14%

13%

6%

10%

9%

6%

8%

5%

3%

1%

Q1 2012 Q1 2013

Africa

Asia-Pacific

Middle-East

Latin America

Eastern Europe& CIS

North America

Western Europe

Δ-22%

Δ-10%

Δ-30%

Δ-29%

Δ+20%

Δ-61%

Δ-50%

Δ-46%

* As reported in statements, after 42m POC-related accounting adjustments in Q1 2012.

** Before PPA and non-recurring items of EUR 36m in Q1 2012.


II. Performance GEA Food Solutions


73 71 77 77 74

67

84 71

17 13

35

20 22

15

10

4

14 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


Quarterly Large Order Development#

# Without orders from CFS Kempten, which was disposed in Dec. 2011.

[in EUR million]

* As reported in statements, after 42m POC-related accounting adjustments in Q1 2012.

Order Intake

L4Q per

Q1 2012

L4Q per

Q1 2013 ∆

(%)

427.2 354.3 -17.1


Sales*

L4Q per

Q1 2012

L4Q per

Q1 2013 ∆

(%)

398.7 359.4 -9.9


Operating EBIT**

L4Q per

Q1 2012

L4Q per

Q1 2013 ∆

(%)

10.3 -8.7 -184.3


(%)

L4Q per

Q1 2012

L4Q per

Q1 2013 ∆

(bps)

2.6 -2.4 -498

** Before PPA and non-recurring items of totally EUR 67m in 2012.


II. Performance GEA Farm Technologies


Order Intake

Q1

2012

Q1

2013 ∆

(%)

148.1 138.8 -6.3


Sales

Q1

2012

Q1

2013 ∆

(%)

117.8 110.8 -5.9


Operating EBIT

Q1

2012

Q1

2013 ∆

(%)

1.9 0.1 -93.0


(%)

Q1

2012

Q1

2013 ∆

(bps)

1.6 0.1 -149


[in EUR million]

47% 48%

29% 32%

8% 8%

7% 7%

9% 5%

Q1 2012 Q1 2013

Latin America

Asia-Pacific

Eastern Europe& CIS

North America

Western Europe

100% 100%

Q1 2012 Q1 2013

Food &Beverages

Δ-6%

Δ-3%

Δ+3%

Δ-45%

Δ-11%

Δ-3%


II. Performance GEA Farm Technologies


Quarterly Large Order Development

[in EUR million]

95 101 94 99 100

116 115 116 126 130

140 129

147 144 146 143 139

1 1

3

1 1 1

0

20

40

60

80

100

120

140

160

Q1 09 Q2 09 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


Order Intake

L4Q per

Q1 2012

L4Q per

Q1 2013 ∆

(%)

549.6 574.5 +4.5


Sales

L4Q per

Q1 2012

L4Q per

Q1 2013 ∆

(%)

528.0 573.9 +8.7


Operating EBIT

L4Q per

Q1 2012

L4Q per

Q1 2013 ∆

(%)

33.6 44.5 +32.6


(%)

L4Q per

Q1 2012

L4Q per

Q1 2013 ∆

(bps)

6.4 7.8 +140


II. Performance GEA Heat Exchangers



[in EUR million]

Order Intake

Q1

2012

Q1

2013 ∆

(%)

406.1 361.9 -10.9


Sales

Q1

2012

Q1

2013 ∆

(%)

389.7 318.1 -18.4


Operating EBIT

Q1

2012

Q1

2013 ∆

(%)

24.0 17.7 -26.5


(%)

Q1

2012

Q1

2013 ∆

(bps)

6.2 5.6 -61

31% 34%

31% 28%

16%

17%

5%

4%

6%

4%

4%

4%

7%

8%

Q1 2012 Q1 2013

Other Industries

Marine

Chemicals

Food &Beverages

Oil & Gas

Power

Climate &Environment

46% 46%

20%

19%

14%

11%

9%

10%

5%

8%

2%

3%

3%

3%

Q1 2012 Q1 2013

Middle-East

Latin America

Africa

North America

Eastern Europe& CIS

Asia-Pacific

Western Europe

Δ -2%

Δ-18%

Δ-21% Δ-33%

Δ-11%

Δ -9%

Δ-12%

Δ-14%

Δ-27%

Δ-3%

Δ-16%

Δ+22% Δ+24%

Δ -5%


II. Performance GEA Heat Exchangers



[in EUR million]

258 252 226 212

250 266 256 239

290 294 276 254

281 272 274 225

261

51 39

48 47

40 52

46 74

37 47 61

33

62 66 45

54

65

45

27

7 27 14

27 30 7

18

42 32

72

33 12

8

31

12

60

21 84

15

53 73 80 31

63 104 30

28 49

39 24

0

50

100

150

200

250

300

350

400

450

500



Order Intake

L4Q per

Q1 2012

L4Q per

Q1 2013 ∆

(%)

1,683.8 1,465.6 -13.0


Sales

L4Q per

Q1 2012

L4Q per

Q1 2013 ∆

(%)

1,668.4 1,537.2 -7.9


Operating EBIT

L4Q per

Q1 2012

L4Q per

Q1 2013 ∆

(%)

125.1 128.7 +2.9


(%)

L4Q per

Q1 2012

L4Q per

Q1 2013 ∆

(bps)

7.5 8.4 +87


II. Performance GEA Mechanical Equipment



[in EUR million]

Order Intake

Q1

2012

Q1

2013 ∆

(%)

238.7 253.9 +6.3


Sales

Q1

2012

Q1

2013 ∆

(%)

216.7 218.5 +0.8


Operating EBIT

Q1

2012

Q1

2013 ∆

(%)

36.2 38.3 +5.9


(%)

Q1

2012

Q1

2013 ∆

(bps)

16.7 17.5 +84

57% 51%

10% 14%

15% 12%

5% 7% 5%

6% 3% 4% 4%

4% 1% 1%

Q1 2012 Q1 2013

Other Industries

Pharma

Power


Chemicals

Marine

Oil & Gas

Food &Beverages

27% 33%

31%

32%

22%

19% 8%

7% 6%

4% 4%

3% 2%

3%

Q1 2012 Q1 2013

Africa

Eastern Europe& CIS

Middle-East

Latin America

North America

Western Europe

Asia-Pacific

Δ-3%

Δ+38%

Δ+62%

Δ+40%

Δ+48%

Δ-20%

Δ+31%

Δ+8%

Δ-9%

Δ+1%

Δ-38%

Δ-16% Δ+41% Δ+117%

Δ+6%


II. Performance GEA Mechanical Equipment



[in EUR million]

Order Intake

L4Q per

Q1 2012

L4Q per

Q1 2013 ∆

(%)

894.4 987.1 +10.4


Sales

L4Q per

Q1 2012

L4Q per

Q1 2013 ∆

(%)

869.8 935.8 +7.6


Operating EBIT

L4Q per

Q1 2012

L4Q per

Q1 2013 ∆

(%)

169.7 190.1 +12.0


(%)

L4Q per

Q1 2012

L4Q per

Q1 2013 ∆

(bps)

19.5 20.3 +80

173

138 143 143 167

188 167 179

199 193 199 189 214 206 204 205

218

15

17 15 13

5

6

12 3

20 29 18 15

19 20 29 16

14

7

7 13

13

9 5

6 7

12 5 33

17

0

50

100

150

200

250

300




II. Performance GEA Process Engineering



[in EUR million]

Order Intake

Q1

2012

Q1

2013 ∆

(%)

511.3 481.3 -5.9


Sales

Q1

2012

Q1

2013 ∆

(%)

373.2 394.3 +5.7


Operating EBIT

Q1

2012

Q1

2013 ∆

(%)

16.6 25.7 +55.1


(%)

Q1

2012

Q1

2013 ∆

(bps)

4.4 6.5 +207

70% 78%

13% 9%

8% 6%

7% 2%

2% 5%

Q1 2012 Q1 2013

Other Industries


Chemicals

Pharma

Food &Beverages

22% 27%

38% 25%

17%

19%

9%

14%

7% 9%

3% 4%

5% 2%

Q1 2012 Q1 2013

Africa

Middle-East

Eastern Europe& CIS

Latin America

North America

Asia-Pacific

Western Europe

Δ+6%

Δ-31%

Δ-25%

Δ-69%

Δ+29%

Δ+12%

Δ -38%

Δ+8%

Δ+50%

Δ+14%

Δ+59%

Δ-53%


II. Performance GEA Process Engineering



[in EUR million]

122 121 119 140 138 117 136 177 169 178 167 159

186 175 170 197 174

81 49 66

80 143

121 110

119 133 122 116 121

144 107 132 100

104 48 79 52

55

38

61 43

58 59

127

90 111

82

75

101 94 126

60

17

60 16 40

33

66 41 60

58

100

44

65 79 78

0

100

200

300

400

500

600



Order Intake

L4Q per

Q1 2012

L4Q per

Q1 2013 ∆

(%)

1,819.7 1,820.2 0


Sales

L4Q per

Q1 2012

L4Q per

Q1 2013 ∆

(%)

1,649.6 1,737.4 +5.3


Operating EBIT

L4Q per

Q1 2012

L4Q per

Q1 2013 ∆

(%)

148.2 171.8 +15.9


(%)

L4Q per

Q1 2012

L4Q per

Q1 2013 ∆

(bps)

9.0 9.9 +90


II. Performance GEA Refrigeration Technologies



[in EUR million]

Order Intake

Q1

2012

Q1

2013 ∆

(%)

177.9 177.9 0.0


Sales

Q1

2012

Q1

2013 ∆

(%)

149.5 152.1 +1.7


Operating EBIT

Q1

2012

Q1

2013 ∆

(%)

8.7 7.3 -16.2


(%)

Q1

2012

Q1

2013 ∆

(bps)

5.8 4.8 -103

62% 64%

10% 8%

4% 7% 9% 5%

15% 16%

Q1 2012 Q1 2013

Other Industries

Oil & Gas


Chemicals

Food &Beverages

40% 37%

10% 19%

20% 15%

15% 13%

9% 9%

6% 5%

1% 2%

Q1 2012 Q1 2013

Latin America

Middle-East

Africa

North America

Asia-Pacific

Eastern Europe& CIS

Western Europe

Δ+3%

Δ-22%

Δ-45%

Δ+7%

Δ+80%

Δ-7%

Δ+100%

Δ-24%

Δ-14%

Δ+0%

Δ-12%

Δ+46%


II. Performance GEA Refrigeration Technologies



[in EUR million]

111 110 105 105 113 121 122 120 128 145

126 135 140 139 146 142 140

18 17 10 16

14

30 17 27 19

17

20

35 29 22

44 50

22

10 15 10

10 5 6

19

8 20

10 6

16

0

50

100

150

200

250



Order Intake

L4Q per

Q1 2012

L4Q per

Q1 2013 ∆

(%)

675.5 756.2 +12.0


Sales

L4Q per

Q1 2012

L4Q per

Q1 2013 ∆

(%)

663.9 697.4 +5.0


Operating EBIT

L4Q per

Q1 2012

L4Q per

Q1 2013 ∆

(%)

52.9 54.8 +3.5


(%)

L4Q per

Q1 2012

L4Q per

Q1 2013 ∆

(bps)

8.0 7.9 -11


III. Outlook Additional Financial Information for 2013


Tax rate in P&L after impact from tax around 22.5%

loss carry forwards:

Impact from PPA in 2013 and in around EUR 25m p.a.

subsequent years: thereof GEA FS around EUR 14m p.a.

Sustainable capex level: around 2.0% of sales

Working Capital LTM: approx. 12% - 14% of sales LTM

Interest result: interest rate for financial liabilities

(excl. pensions) below 4% p.a.

Dividend policy: around 1/3 of net income

Depreciation & amortization in FY 2012: amounted to around EUR 145m in 2012


Investor Relations Calendar Upcoming Roadshows and Conferences


May 15, 2013 Conference Germany Frankfurt

May 21-22, 2013 Roadshow France Paris

May 16, 2013 Conference Sweden Stockholm

May 23, 2013 Roadshow UK London

June 5, 2013 Roadshow Germany Munich

June 10-13, 2013 Roadshow/Conference North America New York, Boston,

Chicago, Montreal

June 13-14, 2013 Conference UK Pennyhill

June 4, 2013 Conference Switzerland Zurich

June 26-27, 2013 Capital Markets Day Oelde (Germany)


Financial Calendar


July 30, 2013 Interim Report Q2 2013

October 31, 2013 Interim Report Q3 2013


805

752

813

1,323

1,250

1,274

677

839

687

680

629

675

772

533

726

Backup: Performance GEA Group Working Capital Development


Trade

Receivables

Inven-

tories

Trade

Payables Advance

Payments

Working

Capital

Q4 2012

Q1 2013

+25

+2%

+61

+8%

-152

-18%

+46

+7%

+193

+36%

Q1 2012

-73

-6%

-53

-7%

+162

+24%

-50

-7%

-238

-31%

_

_

_

[in EUR million]


Backup: Performance GEA Group & Segments Key Figures Time Line (1/5)


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 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 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 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 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 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 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 Food Solutions1) 91.8 99.1 98.5 104.8 394.2 89.0 79.8 82.8 82.5 334.1 101.0 99.8 93.1 103.7 397.6


GEA Heat Exchangers 398.7 449.8 481.7 529.0 1,859.2 387.0 421.2 372.0 443.1 1,623.4 340.9 370.8 361.6 410.1 1,483.4


GEA Process Engineering 328.2 395.8 364.5 398.9 1,487.4 270.7 281.9 278.1 313.2 1,144.0 256.9 298.5 330.9 402.2 1,288.5


GEA Group 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

EBITDA reported


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 Heat Exchangers 42.6 55.7 65.2 79.8 243.2 35.5 30.7 35.2 59.4 160.8 32.1 23.4 18.7 15.2 89.4




GEA Group 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

EBITDA-Margin reported

[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% 6.1% 9.1% 5.2% 5.6% 4.4% 5.4% 9.8% 9.7% 7.7%

GEA Heat Exchangers 10.7% 12.4% 13.5% 15.1% 13.1% 9.2% 7.3% 9.5% 13.4% 9.9% 9.4% 6.3% 5.2% 3.7% 6.0%

GEA Mechanical Equipment 15.3% 17.3% 15.5% 20.6% 17.2% 13.4% 12.8% 16.2% 15.6% 14.4% 15.8% 14.6% 14.9% 22.4% 17.1%

GEA Process Engineering 3.7% 6.6% 7.7% 11.8% 7.6% 3.8% 5.0% 4.0% 9.9% 5.8% 5.7% 6.6% 6.9% 12.0% 8.2%

GEA Refrigeration Technologies 5.8% 7.5% 8.2% 9.6% 7.9% 3.3% 5.9% 2.6% 4.2% 4.0% 3.2% 5.5% 5.1% 1.5% 3.7%

GEA Group 8.4% 10.7% 11.6% 13.9% 11.3% 7.3% 7.5% 8.3% 10.2% 8.4% 8.2% 7.8% 7.7% 9.2% 8.3%




Order Intake

[in EUR million] Q1 11 Q2 11 Q3 11 Q4 11 2011 Q1 12 Q2 12 Q3 12 Q4 12 2012 Q1 13

GEA Food Solutions1) 125.5 102.3 107.9 119.6 329.8 97.4 95.8 81.7 101.0 375.9 75.8

GEA Farm Technologies 125.9 129.5 140.3 131.7 527.4 148.1 145.7 147.4 142.6 583.9 138.8

GEA Heat Exchangers 375.5 445.6 369.8 462.3 1,653.2 406.1 379.0 375.1 349.7 1,509.8 361.9

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

GEA Process Engineering 401.5 426.2 433.3 449.0 1,709.9 511.3 401.2 468.5 469.2 1,850.2 481.3

GEA Refrigeration Technologies 152.7 162.8 164.8 170.1 650.4 177.9 180.4 200.1 197.8 756.2 177.9

GEA Group 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

Order Backlog




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


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


GEA Group 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

Sales




GEA Heat Exchangers 338.1 390.9 424.2 463.6 1,616.8 389.7 404.3 392.1 422.7 1,608.8 318.1


GEA Process Engineering 300.8 385.1 394.7 496.6 1,577.2 373.2 401.2 423.6 518.3 1,716.3 394.3


GEA Group 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

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


GEA Heat Exchangers 29.5 35.3 46.9 48.6 160.3 32.6 35.9 37.5 61.5 167.5 26.0


GEA Process Engineering 20.0 31.2 38.6 73.4 163.2 20.1 39.4 42.7 75.9 178.1 29.4


GEA Group 91.9 116.0 167.4 234.9 610.2 64.7 142.4 162.9 226.9 597.0 98.1

EBITDA-Margin reported

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

GEA Food Solutions1) 5.5% -12.8% 7.7% 9.2% 2.1% -81.8% -0.7% -5.3% -23.5% -20.9% -5.1%

GEA Farm Technologies 5.0% 7.1% 10.8% 10.9% 8.9% 4.2% 8.5% 11.3% 14.1% 10.0% 2.5%

GEA Heat Exchangers 8.7% 9.0% 11.1% 10.5% 9.9% 8.4% 8.9% 9.6% 14.5% 10.4% 8.2%

GEA Mechanical Equipment 17.1% 21.5% 21.2% 24.1% 21.2% 18.5% 20.4% 22.3% 25.6% 21.9% 19.5%

GEA Process Engineering 6.6% 8.1% 9.8% 14.8% 10.3% 5.4% 9.8% 10.1% 14.6% 10.4% 7.5%

GEA Refrigeration Technologies 6.7% 8.6% 8.5% 12.0% 9.1% 7.3% 8.1% 9.0% 12.2% 9.4% 6.3%

GEA Group 8.9% 8.6% 12.0% 14.4% 11.3% 5.1% 10.2% 11.3% 14.0% 10.4% 8.0%




EBIT before PPA & non-recurring items


GEA Food Solutions1) -8.6 3.4 6.1 4.4 5.3 -8.2 1.5 3.7 3.4 0.4 9.5 7.0 1.6 3.1 21.2

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 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

EBIT-Margin before PPA & non-recurring

items

[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 Heat Exchangers 9.2% 11.0% 12.1% 13.7% 11.7% 7.4% 7.1% 9.9% 11.1% 8.9% 7.2% 6.8% 8.1% 9.8% 8.0%

GEA Mechanical Equipment 13.8% 15.7% 14.0% 18.8% 15.6% 11.6% 10.8% 15.1% 18.8% 14.0% 13.3% 13.1% 17.4% 19.7% 16.1%

GEA Process Engineering 2.9% 5.9% 6.9% 10.9% 6.8% 3.0% 5.0% 6.5% 11.3% 6.6% 4.5% 5.8% 6.0% 11.1% 7.2%

GEA Refrigeration Technologies 4.5% 6.3% 6.9% 8.7% 6.8% 2.0% 4.8% 2.1% 5.6% 3.7% 1.6% 4.6% 5.3% 8.1% 5.2%

GEA Group 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 before restructuring2)



GEA Farm Technologies 4.1 11.6 18.8 18.8 53.4 -1.6 5.6 7.9 6.6 18.5 0.5 2.5 8.2 12.6 23.9





GEA Group 76.1 119.3 131.8 177.1 504.2 56.0 71.2 87.2 118.8 333.2 52.3 71.4 92.3 139.7 355.8

Capital Employed w/o goodwill3) (average

LTM)

[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 Farm Technologies n.a. n.a. n.a. 204.0 204.0 219.7 235.5 241.7 241.4 241.4 250.5 260.9 271.3 284.0 284.0

GEA Heat Exchangers n.a. n.a. n.a. 707.3 707.3 757.2 789.7 793.4 752.0 752.0 711.8 687.1 677.7 672.8 672.8

GEA Mechanical Equipment n.a. n.a. n.a. 349.8 349.8 364.3 371.3 374.2 367.7 367.7 346.5 327.9 309.9 300.7 300.7

GEA Process Engineering n.a. n.a. n.a. 270.6 270.6 274.2 276.2 269.7 255.1 255.1 241.1 235.7 237.8 238.9 238.9

GEA Refrigeration Technologies n.a. n.a. n.a. 221.1 221.1 236.8 249.9 258.6 258.7 258.7 244.9 226.6 202.4 177.9 177.9

GEA Group n.a. n.a. n.a. 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 goodwill4) 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 Farm Technologies n.a. n.a. n.a. 26.2% 26.2% 21.7% 17.7% 12.7% 7.7% 7.7% 8.2% 6.7% 6.6% 8.4% 8.4%

GEA Heat Exchangers n.a. n.a. n.a. 30.5% 30.5% 27.3% 23.7% 20.8% 18.9% 18.9% 19.4% 19.4% 18.5% 17.0% 17.0%

GEA Mechanical Equipment n.a. n.a. n.a. 35.9% 35.9% 33.4% 29.9% 28.4% 27.0% 27.0% 28.0% 30.6% 35.2% 38.6% 38.6%

GEA Process Engineering n.a. n.a. n.a. 37.0% 37.0% 36.0% 32.3% 30.4% 29.0% 29.0% 32.1% 34.1% 34.6% 38.2% 38.2%

GEA Refrigeration Technologies n.a. n.a. n.a. 18.4% 18.4% 15.6% 13.4% 10.3% 7.5% 7.5% 7.7% 8.1% 11.2% 15.9% 15.9%

GEA Group n.a. n.a. n.a. 28.4% 28.4% 26.1% 22.9% 20.6% 18.2% 18.2% 18.5% 18.8% 19.3% 20.4% 20.4%




EBIT before PPA & non-recurring items


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






GEA Group 69.0 109.7 139.8 206.1 524.6 74.7 122.5 146.7 216.8 560.8 73.1

EBIT-Margin before PPA & non-recurring items

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

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%






GEA Group 6.6% 8.1% 10.0% 12.6% 9.7% 5.9% 8.8% 10.1% 13.4% 9.8% 5.9%

EBIT before restructuring2)


GEA Food Solutions1) n.a. -22.6 -0.2 6.8 -16.0 -48.5 -5.3 -9.8 -39.3 -102.8 -9.0

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





GEA Group 66.8 79.3 131.3 197.2 474.6 32.6 111.7 133.1 176.5 453.9 66.2

Capital Employed w/o goodwill3) (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






GEA Group 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

ROCE w/o goodwill4) LTM

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

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%






GEA Group 20.6% 19.4% 19.6% 20.5% 20.5% 17.9% 18.8% 18.6% 17.8% 17.8% 19.2%


Backup: Performance GEA Group & Segments Key Figures Time Line (5/5): 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) Restructuring only in FY 2009 and FY 2010.

3) Capital employed excluding goodwill from the acquisition of the former GEA AG by the former Metallgesellschaft AG

in 1999.

4) ROCE LTM = EBIT before restructuring (LTM) / Capital employed excluding goodwill from the acquisition of the former

GEA AG by the former Metallgesellschaft AG in 1999 (average LTM).

2011 figures adjusted due to change in accounting policy for pension obligations and leasing obligations.

2012 EBITDA and EBIT (bef. PPA & non-recurring items) restated due to amendment of IAS 19 “Employee Benefits”.


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

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]

Bianca Li

+49 211 9136 1081

[email protected]

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