Gea%20on%20roadshows%20and%20conferencens%20q3%202013 coba new%20york 13012013 tcm11 25567

GEA Group

New York, January 13-14, 2014

Q3 2013 Commerzbank German Investment Seminar 2014

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 Group - GIS 2014 in New York - Q3 2013 2


Table of Contents

GEA Group in Summary

GEA Group - GIS 2014 in New York - Q3 2013

Pages 5 – 22

GEA Group Segment Structure Page 9

Outlook Pages 31, 57

Large Order Development Page 28

Segment Performance incl. Organic Growth Rates Pages 42 – 53

Top Line Development by Customer Industry Pages 38

GEA Group Portfolio Review / Separation from GEA HX Pages 19 – 22

Regional Top Line Distribution Pages 27, 37

Historical Key Figures GEA Group and Segments Pages 62-66

ADR Information Page 67

3


Agenda

The GEA Group

Results Q3 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 industry

• Revenue 2012: EUR 5,720 million

• Emerging Market Exposure: EUR ~2,300 million (> 40% of total revenue)

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

• Cash Flow 2012: EUR 467 million

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



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

6


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



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



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

Group structure

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


Operating EBIT FY 2012: -3.7%

Operating EBIT FY 2012: 8.0%





9

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

311

190 186

188 186

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%

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

Sa

les b

y C

us

tom

er

Ind

us

try s

inc

e 2

00

8

-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

Sa

les

by r

eg

ion

sin

ce

20

08

-4%

-10%

-17%

+19%

-13%

-3%

+23%

+15%

+16%

GEA exposure to Food and Asia-Pacific rising leading to a more resilient set-up compared to FY 2008

5,720

-768

(-15%)

4,418

5,179

4,411

5,417 5,720

+11%

+5%

-3%

-1%

-1%

+11%

+22%

10


54%

6%

11%

11%

5%

6% 3% 4%

35%

23%

15%

10%

7% 5%

5%

72%

7%

6%

4% 3%

3% 3% 2%

GEA after desinvestment of GEA HX Pure Play: Focused and resilient end market exposure

GEA Group by customer industry

Food

Oil & Gas

Power

Pharma

Chemicals

Marine

Climate &

Environment

Other

GEA Group excl. HX by customer industry

GEA Group by region GEA Group excl. HX by region

Asia-Pacific

North

America

Latin

America

Eastern

Europe

Middle East Africa

Western

Europe

Food

Oil & Gas Power

Pharma

Chemicals

Marine

Climate &

Environment

Other

Sales

FY 2012:

EUR 4,142m

32%

26%

18%

10%

7% 4% 4%

Asia-Pacific

North

America

Latin

America

Eastern

Europe

Middle East Africa

Western

Europe

Sales

FY 2012:

EUR 5,720m

Sales

FY 2012:

EUR 4,142m

Sales

FY 2012:

EUR 5,720m


Emerging markets*

exposure: ~40%

72% Food exposure


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

12


Stable investment behavior of food industry

0

5.000

10.000

15.000

20.000

25.000

30.000

35.000

40.000M

ar-

05

Ju

n-0

5

Se

p-0

5

De

c-0

5

Ma

r-0

6

Ju

n-0

6

Se

p-0

6

De

c-0

6

Ma

r-0

7

Ju

n-0

7

Se

p-0

7

De

c-0

7

Ma

r-0

8

Ju

n-0

8

Se

p-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*

Source: Citi Investment Research

* Capex Model based on >70 manufacturers

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

*

CAGR 2008-

2011: +9.3%

GEA Sales from Food

Industry CAGR 2008-

2011: +9.4%



Organic Growth GEA core business (w/o HX) Q3 2013

14 GEA Group - GIS 2014 in New York - Q3 2013

∆ abs. ∆ in %

∆ abs. ∆ in %

∆ abs. ∆ in %

Organic growth Q3 2013 yoy

Q1-Q3 2013 yoy

Order Intake

GEA core business +9.4% +7.7%

Sales

GEA core business +5.9% +6.2%


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).

15


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


CAGR Global GDP

2003-2012: +3.8%

CAGR GEA sales w/o

portfolio adjustments

2003-2012:

+5.6%

(Index 2003 = 100)

16


Strong focus on operating margin improvement

[in EUR million]


3,391

4,346 4,856

5,179

4,411 4,418

5,071 5,388

346 332

6.6% 6.9%

8.3%

9.9%

7.8%

8.3%

10.0%

10.7%

0%

2%

4%

6%

8%

10%

12%

0

1.000

2.000

3.000

4.000

5.000

6.000

7.000

2005 2006 2007 2008 2009 2010 2011 2012Sales GEA FSSales w/o GEA FSEBIT margin w/o GEA FS bef. PPA. and restr.EBIT margin incl. GEA FS bef. PPA., restr. and one-offs within GEA FS

17

9.7% 9.8%

3,320 2,788 2,935

3,800 4,111

8.9%

7.1%

8.5%

10.6% 10.4%

0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

10%

11%

12%

0

1.000

2.000

3.000

4.000

5.000

6.000

7.000

2008 2009 2010 2011 2012

Sales w/o GEA HX Operating EBIT margin w/o HX

GEA Group GEA Group w/o HX

engineering for a better world GEA Group - GIS 2014 in New York - Q3 2013

769 802 901

1,066

1,317 1,314 14.9%

18.2%

20.4%

19.7%

23.0% 22.8%

25,0%

2008 2009 2010 2011 2012 Q3 2013 LTM Aim

Service Sales GEA Service as % of Sales

Service business: Aim of >25% of sales Per Q3 2013 at EUR 1.3bn annual run rate

[in EUR million]

>25%

CAGR GEA Service

business 2008-2012:

+14%

18


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


[in EUR million]

19

252 299

329 368

470 516

542

4.5%

5.3%

5.7%

6.4%

8.3%

9.0% 9.4%

0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

10%

0

100

200

300

400

500

600

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

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

2,463 2,518 2,548 2,556 2,546 2,534 2,524

17.9% 18.8% 18.6%

17.8%

19.2% 19.6% 19.7%

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

Capital Employed (average LTM) ROCE (average LTM)

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

+ 112 bps yoy


Investment plan to bolster GEA’s strategy

Examples for Systematic capital allocation

Organic

growth

M&A

R&D spent for development of new technologies

Expansion of service network

Penetration of new markets

Stronger focus on realization of intra-group

synergy potential

Bolt-on acquisitions (as in the past)

Acquisition of adjacent products to strengthen GEA’s

current portfolio

Acquisition of new technologies that can’t be

developed efficiently internally

Partnerships or acquisitions to unlock potential from

regional expansion (e.g. distribution channels)

Debt

reduction Leveraging operating cash flow to reduce debt levels



Cheese Fruit & Vegetables

Meat & Poultry Milk Powder

Fish & Shrimps …

Existing applications, e.g. New applications

…

…

…

Cross-application technology

… … ...

Cross-application M&A

A B

C

New application with many expected "white spots”

Attractive "white spots" ("sweet spots")

21

Portfolio Review Next Step: Continously developing more applications


engineering for a better world 22

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

Results Q3 2013

Backup



Order Intake

EUR 1,509m Pages 5-7, 34

Organic: +6% yoy

Organic w/o GEA HX: +9% yoy

Sales

EUR 1,459m Pages 5, 6, 35

Organic: +4% yoy

Organic w/o GEA HX: +6% yoy

Outlook 2013 Pages 37 Sales growth and operating EBITDA excl. FX impacts

Cash Flow Driver Margin increased

Key Messages / Key Figures Q3 2013


Operating EBIT-Margin Pages 5, 6 10.0%; stable yoy

Book to Bill Ratio Pages 14, 15 GEA Group L4Q: 1.04

Cash Generation Capacity Pages 17, 18 Further reduction of Working Capital / Sales ratio

Cash Flow Driver Margin (LTM) improved to 9.4%

ROCE (LTM) Page 16 19.7%; +112 bps improvement yoy

GEA Food Solutions Pages 6, 21 Positive Result in Q3 2013

Book to Bill Ratio >1 for first time since 2011


1,545 1,447

1,401 1,574

1,477 1,509

2012 2013

Q3

Q2

Q1

75 73

122 129

147 145

2012 2013

Q3

Q2

Q1 5.9% 5.9%

8.8% 8.9%

10.1% 10.0%

2012 2013

Q3

Q2

Q1

1,264 1,233

1,391 1,442

1,446 1,459

2012 2013

Q3

Q2

Q1

I. Key Figures GEA Group Q1 – Q3 2013 YoY

[in EUR million] Order Intake

+2%

Sales

+1%

Operating EBIT

+1%

4,423 4,530

-6%

-4%

4,101 4,134

-2%

+1%

344 347

-2%

+13%

Operating EBIT-Margin

+1 bps

8.4% 8.4%

+104 bps

+12% +4%

+5%

+2%

-1%

+1%

-18 bps

+12 bps

+2 bps



0 100 200 300 400 500 600

Q3 12

Q4 12

Q1 13

Q2 13

Q3 13

II. Performance Regional Order Intake Trend as of Q3 2013

0 400 800 1200 1600

Q3 12

Q4 12

Q1 13

Q2 13

Q3 13

0 100 200 300 400 500 600

Q3 12

Q4 12

Q1 13

Q2 13

Q3 13

0 100 200 300 400 500 600

Q3 12

Q4 12

Q1 13

Q2 13

Q3 13

0 100 200 300 400 500 600 700

Q3 12

Q4 12

Q1 13

Q2 13

Q3 13

0 100 200 300 400 500 600

Q3 12

Q4 12

Q1 13

Q2 13

Q3 13

0 100 200 300 400 500 600

Q3 12

Q4 12

Q1 13

Q2 13

Q3 13

0 100 200 300 400 500 600

Q3 12

Q4 12

Q1 13

Q2 13

Q3 13

Eastern Europe & CIS Western Europe

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

North America

Asia Pacific

∆ QoQ: -4%

w/o LO*: -7%

∆ YoY: -11%

w/o LO*: +2%

∆ QoQ: -13%

w/o LO*: -3%

∆ YoY: -7%

w/o LO*: -7%

∆ QoQ: -34%

w/o LO*: -19%

∆ YoY: -46%

w/o LO*: -31%

∆ QoQ: +15%

w/o LO*: +12%

∆ YoY: -4%

w/o LO*: +7%

∆ QoQ: +11%

w/o LO*: -10%

∆ YoY: +25%

w/o LO*: +6%

∆ QoQ: +50%

w/o LO*: -23%

∆ YoY: -2%

w/o LO*: -37%

∆ QoQ: -16%

w/o LO*: -4%

∆ YoY: +7%

w/o LO*: -3%

∆ QoQ: -4%

w/o LO*: -5%

∆ YoY: +3%

w/o LO*: -2%

[in EUR million]

Latin America

Middle East Africa GEA



673 739 777 767 809

879 905 991 954 916

1,005 982 966 959 961 988 970

156

203 210 185

223 210 214

231 228 241

281 233 265 229 209

282 224

105

52 88 95

69 82

178

178 161 183

129 114 132

138 142

142 142

76 16

93 106 146

72

63

63 60

162 130

72 114 151 134

162 173

0

200

400

600

800

1.000

1.200

1.400

1.600

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

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

II. Performance Large Order Development since Q4 2009

1,600

1,400

1,200

1,000

[in EUR million]



657

482 567 555 566

445

647 707 720

577

772 764 741

533

726 752 765

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% 12.5% 12.4%

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 Q2 13 Q3 13

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

II. Performance Working Capital Development

- 480 bps

[in EUR million]

Further reduction of Working Capital / Sales ratio achieved despite already low level



[in EUR million]

-515.9

-42.9

-349.7

-71.3

-122.2

-153.4

-27.7

-106.5

-16.6

646.4

-621.7

II. Performance Net Liquidity Reconciliation

Cash generation LTM: EUR ~270m

Δ +EUR 272m

Others

Taxes / Interests

Delta Working Capital

EBITDA

Net Debt 30.09.2012

Net Debt 30.09.2013

Dividend

CAPEX

Discontinued Operations

Net Debt bef. DOP, M&A and Dividend

Effect from Acquisitions



III. Outlook Key Figures FY 2013

Sales: moderate organic growth

Calculation Cash Flow Driver Margin:

EBITDA – Capex - / + Working Capital (LTM)

Sales Sales Sales

EBITDA*: around EUR 700m*

Assuming constant currency exchange rates versus FY 2012 we are aiming at the following in

the current fiscal year

Cash Flow Driver Margin*: around 9%*

* These figures do not include costs relating to the strategy and portfolio project in the lower

double digit millions, resulting in particular from portfolio decision on June 20, 2013.



Agenda

The GEA Group

Results Q3 2013

Backup



14 15

39 42

49 48

31 30

15 14

0

2

Q3 2012 Q3 2013

GEA FS

GEA FT

GEA HX

GEA ME

GEA PE

GEA RT

200 175

469 515

245 268

375 348

147 151 82 90

Q3 2012 Q3 2013

GEA FS

GEA FT

GEA HX

GEA ME

GEA PE

GEA RT

I. Key Figures Segments Q3 2013

1,477 1,509

+9%

-7%

+10%

-13%

+2%

+10%

Operating EBIT Margin

[in EUR million]

+2%

Order Intake

177 185

424 441

239 247

392 381

158 157 90 90

Q3 2012 Q3 2013

GEA FS

GEA FT

GEA HX

GEA ME

GEA PE

GEA RT

1,446 1,459

+3%

-3%

+4%

+4%

-1%

0%

+1%

Sales

147 145

+9%

-2%

+6%

-5%

-2%

-1%

Operating EBIT

Q3 2012 Q3 2013 YoY

GEA FS -0.3% 1.9% +214 bps

GEA FT 9.3% 9.2% -10 bps

GEA HX 8.0% 7.8% -14 bps

GEA ME 20.7% 19.6% -107 bps

GEA PE 9.2% 9.6% +38 bps

GEA RT 7.8% 8.0% +13 bps

GEA Group 10.1% 10.0% -18 bps



II. Performance Order Intake Q3 2013

Q3 2013 vs.

Q3 2012

Q1-Q3 2013 vs.

Q1-Q3 2012

Q3 2013 vs.

Q2 2013

Order Intake previous

period 1,477 4,423 1,574

Structural Change +3 +0.2% +18 +0.4% 0 0%

Currency Effects -58 -3.9% -97 -2.2% -20 -1.2%

Organic Development +86 +5.8% +186 +4.2% -45 -2.9%

Order Intake current

period 1,509 +2.2% 4,530 +2.4% 1,509 -4.1%

∆ abs. ∆ in %

∆ abs. ∆ in %

∆ abs. ∆ in %

[in EUR million]



Food - Dairy

North America

~11 mEUR

North America

~12 mEUR

North America

~16 mEUR

North America

~12 mEUR

North America

~18 mEUR

Europe

~13 mEUR

Europe

~14 mEUR

LatAM

~20 mEUR Asia-Pacific

~25 mEUR

LatAM

~12 mEUR

Europe

~49 mEUR

Africa

~8 mEUR Pharma

Europe

~72 mEUR

Europe

~42 mEUR

Europe

~7 mEUR

Europe

~11 mEUR

Asia-Pacific

~8 mEUR

Asia-Pacific

~8 mEUR

Asia-Pacific

~10 mEUR

Asia-Pacific

~11 mEUR

Asia-Pacific

~8 mEUR

Asia-Pacific

~15 mEUR

Asia-Pacific

~16 mEUR

Europe

~8 mEUR

Asia-Pacific

~11 mEUR

Europe

~10 mEUR

Europe

~20 mEUR

Asia-Pacific

~11 mEUR

Africa

~14 mEUR

Middle East

~17 mEUR

Asia-Pacific

~42 mEUR

II. Performance GEA Process Engineering: Major orders Q1-Q3 2013

Europe

~42 mEUR

Food - Beverages

Food - Solid



0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2010 2011 2012 2013 YTD

Above 10 mEUR

Between 1 and 10 mEUR

Below 1 mEUR

II. Performance GEA Process Engineering

GEA PE is fueling up its order backlog by more large orders having longer lead time:

Orders > EUR 10m represent already more than 30% of order intake per Sept 2013



36% (35%)

24% (22%)

15% (15%)

10% (10%)

6% (7%)

5% (5%)

4% (5%)

Emerging markets*

exposure: 41% (41%) abs.: +1% YoY

Sales L4Q per

Q3 2013:

EUR 5,754m

+0% YoY

II. Performance Regional Sales Split L4Q per Q3 2013


Germany

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

USA

14% (14%) abs.: +2% YoY

China

11% (10%) abs.: +14% YoY

Top 3 Countries

Western Europe abs.: +3% YoY

Asia-Pacific abs.: +6% YoY

North America

abs.: +2% YoY

Latin America abs.: -14% YoY

Eastern Europe

& CIS abs.: -2% YoY

Middle East abs.: -5% YoY

Africa abs.: -12% YoY

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


26% 30%

11% 11%

18% 17%

6% 8% 7% 7% 6% 5% 8%

5% 3% 3% 11% 11% 4% 3%

Q3 2012 Q3 2013

Other Industries

Climate & Environment

Marine

Chemicals

Pharma

Power

Oil & Gas

Food - Solid

Food - Beverages

Food - Dairy

38

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

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

Δ+20%

Δ-4%

Δ-2%

Δ 0%

Δ 0%

Δ+35%

Δ-32%

Δ-23%

Δ-6%

Δ +14%

+2%

1,477 1,509


60%

80%

100%

120%

140%

160%

180%

Q409

Q110

Q210

Q310

Q410

Q111

Q211

Q311

Q411

Q112

Q212

Q312

Q412

Q113

Q213

Q313

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

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

Oil & Gas Power

Climate & Environment GEA Group

Food

exposure:

58%


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

Book to bill ratio (L4Q)

Q3 2013

Food - Dairy 1,45 11,9% 1,01 2,4% 1,01 5,7% 1,09 1,9% 0,65 0,5% 0,72 0,6% 1,04 5,7% 1,15 28,7%

Food - Liquid 1,03 3,1% 1,77 1,5% 1,03 1,2% 1,40 0,9% 1,00 0,6% 2,17 0,6% 1,02 3,7% 1,14 11,5%

Food - Solid 1,01 7,3% 1,07 1,8% 0,85 2,2% 0,99 1,1% 1,10 1,1% 0,81 0,6% 1,03 3,4% 0,99 17,5%

Total Food & Beverages 1,21 22,3% 1,16 5,7% 0,97 9,1% 1,12 4,0% 0,93 2,2% 0,96 1,7% 1,03 12,7% 1,09 57,8%

Oil & Gas 1,18 1,1% 0,57 0,8% 1,14 1,2% 0,78 0,4% 0,64 0,3% 1,31 0,6% 1,83 2,5% 1,11 6,9%

Power 1,01 2,3% 1,10 0,3% 1,55 1,4% 0,76 0,4% 0,52 0,5% 0,75 1,0% 0,77 1,7% 0,90 7,7%

Total Energy 1,06 3,4% 0,66 1,2% 1,34 2,5% 0,77 0,8% 0,56 0,8% 0,90 1,6% 1,18 4,2% 0,99 14,6%

Pharma 1,03 1,7% 1,35 0,5% 1,10 0,8% 1,57 0,4% 1,92 0,2% 1,51 0,2% 0,76 1,4% 1,03 5,2%

Chemicals 0,89 1,3% 0,62 0,3% 0,92 0,8% 0,76 0,3% 4,96 0,2% 0,51 0,2% 0,94 2,0% 0,87 5,1%

Marine 0,96 1,4% 0,43 0,0% 0,99 0,1% 1,60 0,1% 0,94 0,0% 1,70 0,0% 0,97 1,1% 0,97 2,8%

Climate & Environment 1,00 6,8% 0,97 1,5% 1,05 1,0% 1,26 0,3% 0,64 0,1% 1,07 0,4% 1,07 0,9% 1,01 11,0%

Other Industries 1,04 1,3% 1,83 0,4% 1,20 0,4% 0,79 0,2% 1,21 0,1% 1,27 0,2% 1,14 0,9% 1,13 3,6%

Other 0,99 12,5% 1,00 2,8% 1,04 3,1% 1,08 1,3% 1,44 0,6% 0,96 1,1% 0,94 6,3% 0,99 27,7%

Total 1,11 38,2% 1,02 9,6% 1,03 14,8% 1,05 6,1% 0,85 3,6% 0,94 4,4% 1,03 23,2% 1,04 100,0%

Latin America Africa Middle - East Asia - Pacific TotalWestern

Europe

Eastern Europe

& CIS

North America

Strong BtB-Ratio of 1.09 in Food driven by Europe and recovery in Asia-Pacific


2,469 2,424 2,414

2,667 2,771 2,756

2,677

2,936 2,967 2,968

2,752

2,950 2,919 2,927

0

500

1000

1500

2000

2500

3000

3500

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

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

II. Performance Top Line Trend / Order Backlog


L4Q BtB ratio

1,150

1,606

1,200

1,768

1,200

1,727

1.04 1.06 1.06 1.06 1.03 1.03 0.98 1.00 1.04 1.04 1.03

#

[in EUR million]

1.04

950

1,474

1.02 1.04


II. Performance Service Business per Q3 LTM

1,294

143

226 202

296

224 202

1,314

142

240

177

319

242

194

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

Service business as % of sales

Change in service sales per Q3 2013 LTM yoy: +1.5% to a total of EUR 1,314m

Share of service sales per Q3 2013 LTM: 22.8 % (LTM Q3 2012: 22.6 %)

40%

+2%

+6% -4%

%

42% 23% 23%

40% 12% 12%

33% 33%

13% 14%

30% 27%

+8%

+8%

-13%

38%


[in EUR million]

LTM Sept 2012 LTM Sept 2013

-1%

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


II. Performance GEA Food Solutions


Order Intake by Customer Industry Order Intake by Region

[in EUR million]

Order Intake

Q3

2012

Q3

2013 ∆

(%)

81.7 89.5 +9.5

thereof organic: +11.8

Sales

Q3

2012

Q3

2013 ∆

(%)

90.1 89.8 -0.3


Operating EBIT*

Q3

2012

Q3

2013 ∆

(%)

-0.2 1.7 n.a.

Operating EBIT* Margin (%)

Q3

2012

Q3

2013 ∆

(bps)

-0.3 1.9 +214

100% 100%

Q3 2012 Q3 2013

Food &Beverages

47% 43%

9% 20%

17%

13% 13%

11% 8%

10% 6%

2% 1%

1%

Q3 2012 Q3 2013

Africa

Middle - East

Latin America

Eastern Europe& CIS

North America

Asia - Pacific

Western Europe

Δ +10%

Δ +2%

Δ +141%

Δ -17%

Δ -5%

Δ +8%

Δ -59%

Δ +37%

* Before non-recurring items of EUR 6.2m in Q3 2012.


II. Performance GEA Food Solutions


73 71 77 77 74 67 84

71 67 69

17 13

35 20 22

15

10

4 14 13

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 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 45.6m in Q1-Q3 2012.

Order Intake

Q1-Q3

2012

Q1-Q3

2013 ∆

(%)

274.9 254.9 -7.3

thereof organic: -6.4

Sales*

Q1-Q3

2012

Q1-Q3

2013 ∆

(%)

244.4 262.9 +7.6


Operating EBIT**

Q1-Q3

2012

Q1-Q3

2013 ∆

(%)

-7.8 -4.7 +39.6

Operating EBIT** Margin (%)

Q1-Q3

2012

Q1-Q3

2013 ∆

(bps)

-3.2 -1.8 +139


II. Performance GEA Farm Technologies


Order Intake by Customer Industry Order Intake by Region

[in EUR million]

34% 34%

32% 33%

20% 17%

7% 10% 7% 6%

1%

Q3 2012 Q3 2013

Africa

Latin America

Asia - Pacific

Eastern Europe& CIS

North America

Western Europe

100% 100%

Q3 2012 Q3 2013

Food &Beverages

Δ +2%

Δ +3%

Δ +5%

Δ -6%

Δ +33%

Δ -12%

Order Intake

Q3

2012

Q3

2013 ∆

(%)

147.4 150.7 +2.2


Sales

Q3

2012

Q3

2013 ∆

(%)

157.8 156.9 -0.6

thereof organic: 0.0

Operating EBIT

Q3

2012

Q3

2013 ∆

(%)

14.7 14.4 -1.7

Operating EBIT Margin (%)

Q3

2012

Q3

2013 ∆

(bps)

9.3 9.2 -10

Δ n.a.


II. Performance GEA Farm Technologies



[in EUR million]

101 94 99 100 116 115 116 126 130

140 129

147 144 146 143 139 151 149

1 1

3

1 1 1 5 2

0

20

40

60

80

100

120

140

160

180

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 Q2 13 Q3 13OI < EUR 1m OI >= EUR 1m < EUR 5m OI >= EUR 5m < EUR 15m OI >= EUR 15m

Order Intake

Q1-Q3

2012

Q1-Q3

2013 ∆

(%)

441.2 445.1 +0.9


Sales

Q1-Q3

2012

Q1-Q3

2013 ∆

(%)

408.6 401.5 -1.7


Operating EBIT

Q1-Q3

2012

Q1-Q3

2013 ∆

(%)

24.8 20.1 -19.0


Q1-Q3

2012

Q1-Q3

2013 ∆

(bps)

6.1 5.0 -107


II. Performance GEA Heat Exchangers


Order Intake by Region

[in EUR million]

37% 36%

23% 27%

19% 17%

6% 7% 5% 5% 3% 4%

7% 5%

Q3 2012 Q3 2013

Other Industries

Marine

Food &Beverages

Chemicals

Oil & Gas

Power

Climate &Environment

47% 44%

11% 16%

16% 14%

11% 12%

8% 9% 3% 3%

4% 2%

Q3 2012 Q3 2013

Africa

Latin America

North America

Middle - East

Eastern Europe &CIS

Asia - Pacific

Western Europe

Δ -7%

Δ +14%

Δ +14% Δ -9% Δ +9% Δ -32%

Δ -10%

Δ +48%

Δ -15%

Δ +13%

Δ -59% Δ -22% Δ +2%

Δ -13%

Order Intake*

Q3

2012

Q3

2013 ∆

(%)

375.1 348.1 -7.2


Sales

Q3

2012

Q3

2013 ∆

(%)

392.1 380.8 -2.9


Operating EBIT

Q3

2012

Q3

2013 ∆

(%)

31.3 29.9 -4.6


Q3

2012

Q3

2013 ∆

(bps)

8.0 7.8 -14

Order Intake by Customer Industry

* Organic growth +3.2% yoy excl. large projects received in Q3

2012 but suspended later.


II. Performance GEA Heat Exchangers



[in EUR million]

Order Intake*

Q1-Q3

2012

Q1-Q3

2013 ∆

(%)

1,160.2 1,073.5 -7.5


Sales

Q1-Q3

2012

Q1-Q3

2013 ∆

(%)

1,186.1 1,084.8 -8.5


Operating EBIT

Q1-Q3

2012

Q1-Q3

2013 ∆

(%)

82.9 75.2 -9.3


Q1-Q3

2012

Q1-Q3

2013 ∆

(bps)

7.0 6.9 -6

252 226 212 250 266 256 239

290 294 276 254 281 272 274 225

261 276 253

39 48

47

40 52

46 74 37 47 61

33

62 66 45

54

65 48 57

27 7 27

14

27 30 7

18 42 32

72

33 12

8 31

12 40 10

21 84 15

53 73 80 31

63 104 30

28 49

39 24

29

0

50

100

150

200

250

300

350

400

450

500


* Organic growth -3.5% yoy excl. large projects received in Q3

2012 but suspended later.


II. Performance GEA Mechanical Equipment



[in EUR million]

54% 51%

4% 15% 12%

13% 5%

6%

8%

5% 6%

5% 10%

4% 1% 2%

Q3 2012 Q3 2013

Other Industries

Power

Climate &EnvironmentChemicals

Pharma

Marine

Oil & Gas

Food &Beverages

26% 38%

29%

31%

19%

16% 9%

7%

5%

4%

11%

2% 2% 2%

Q3 2012 Q3 2013

Africa

Middle - East

Eastern Europe& CIS

Latin America

North America

Western Europe

Asia - Pacific

Δ +2%

Δ +291%

Δ +24% Δ -35% Δ -20%

Δ +15%

Δ +55%

Δ +13%

Δ -6%

Δ -7%

Δ -16%

Δ -77% Δ +8% Δ +165%

Δ -59%

Order Intake

Q3

2012

Q3

2013 ∆

(%)

245.4 268.2 +9.3


Sales

Q3

2012

Q3

2013 ∆

(%)

238.5 246.5 +3.4


Operating EBIT

Q3

2012

Q3

2013 ∆

(%)

49.4 48.4 -2.0


Q3

2012

Q3

2013 ∆

(bps)

20.7 19.6 -107



II. Performance GEA Mechanical Equipment



[in EUR million]

Order Intake

Q1-Q3

2012

Q1-Q3

2013 ∆

(%)

717.3 778.9 +8.6


Sales

Q1-Q3

2012

Q1-Q3

2013 ∆

(%)

672.7 705.5 +4.9


Operating EBIT

Q1-Q3

2012

Q1-Q3

2013 ∆

(%)

126.2 129.5 +2.6


Q1-Q3

2012

Q1-Q3

2013 ∆

(bps)

18.8 18.4 -41

138 143 143 167

188 167 179

199 193 199 189 214 206 204 205 218 233 232

17 15 13 5

6 12 3

20 29 18 15

19 20 29 16 14

24 19

7 13

13

9 5

6 7 12 5 33

17 18

0

50

100

150

200

250

300






[in EUR million]

66%

77%

16%

10% 11%

7% 1%

3% 3%

2% 2%

1%

Q3 2012 Q3 2013

Other Industries


Oil & Gas

Chemicals

Pharma

Food &Beverages

41% 41%

25% 32%

5%

9%

3%

6%

12%

6%

10%

3% 4%

3%

Q3 2012 Q3 2013

Latin America

Africa

North America

Middle - East

Eastern Europe& CIS

Western Europe

Asia - Pacific

Δ +27%

Δ -30%

Δ -36% Δ +358% Δ -37%

Δ +9%

Δ +38%

Δ +122%

Δ +123% Δ -49% Δ -63% Δ -22%

Order Intake

Q3

2012

Q3

2013 ∆

(%)

468.5 515.2 +10.0


Sales

Q3

2012

Q3

2013 ∆

(%)

423.6 441.3 +4.2


Operating EBIT

Q3

2012

Q3

2013 ∆

(%)

39.1 42.4 +8.5


Q3

2012

Q3

2013 ∆

(bps)

9.2 9.6 +38


Δ -41%





[in EUR million]

Order Intake

Q1-Q3

2012

Q1-Q3

2013 ∆

(%)

1,381.0 1,566.4 +13.4


Sales

Q1-Q3

2012

Q1-Q3

2013 ∆

(%)

1,198.0 1,271.3 +6.1


Operating EBIT

Q1-Q3

2012

Q1-Q3

2013 ∆

(%)

91.4 109.3 +19.6


Q1-Q3

2012

Q1-Q3

2013 ∆

(bps)

7.6 8.6 +97

121 119 140 138 117 136 177 169 178 167 159 186 175 170 197 174 170 166

49 66 80

143 121 110

119 133 122 116 121 144

107 132 100 104

155 98 79 52

55

38 61 43

58 59 127

90 111 82

75 101 94 126

82 124

60 17

60 16 40 33

66 41 60

58

100

44

65 79 78

162 127

0

100

200

300

400

500

600



II. Performance GEA Refrigeration Technologies


[in EUR million]

Order Intake

Q3

2012

Q3

2013 ∆

(%)

200.1 174.9 -12.6


Sales

Q3

2012

Q3

2013 ∆

(%)

177.0 184.8 +4.4


Operating EBIT

Q3

2012

Q3

2013 ∆

(%)

13.8 14.7 +6.2


Q3

2012

Q3

2013 ∆

(bps)

7.8 8.0 +13


65% 58%

4%

10%

6%

8%

11%

5%

14%

19%

Q3 2012 Q3 2013

Other Industries

Chemicals

Oil & Gas


Food &Beverages

40% 42%

12% 15%

9% 14%

22% 13%

11%

10%

2%

3%

4%

3%

Q3 2012 Q3 2013

Middle - East

Latin America

Africa

Eastern Europe &CIS

North America

Asia - Pacific

Western Europe

Δ -21%

Δ +136%

Δ -61%

Δ +27%

Δ -6%

Δ +12%

Δ +35%

Δ -48%

Δ -39%

Δ +57% Δ -17%

Δ +25%



II. Performance GEA Refrigeration Technologies



[in EUR million]

Order Intake

Q1-Q3

2012

Q1-Q3

2013 ∆

(%)

558.4 534.0 -4.4


Sales

Q1-Q3

2012

Q1-Q3

2013 ∆

(%)

491.8 526.0 +7.0


Operating EBIT

Q1-Q3

2012

Q1-Q3

2013 ∆

(%)

33.7 36.4 +8.0


Q1-Q3

2012

Q1-Q3

2013 ∆

(bps)

6.8 6.9 +6

110 105 105 113 121 122 120 128 145

126 135 140 139 146 142 140 134 139

17 10 16

14 30 17 27 19

17

20 35 29 22

44 50 22 35 35

15 10

10 5 6 19

8 20

10 6

12 16

0

50

100

150

200

250



II. Performance GEA Refrigeration Technologies / GEA Bock


Performance of GEA Bock better than management expectation

GEA Bock

Management

expectation before

Bock acquisition

Q1-Q3 2013

Sales growth expectations +4% CAGR ~ +14% yoy

Operating EBIT-margin expectations 12% in FY 2013 > 12%

engineering for a better world 55 GEA Group - GIS 2014 in New York - Q3 2013

Q3 2013 vs.

Q3 2012

Q1-Q3 2013 vs.

Q1-Q3 2012

Q3 2013 vs.

Q2 2013

Sales

previous period 1,446 4,101 1,442

Structural Change +6 +0.4% +20 +0.5% 0 0%

Currency Effects -56 -3.8% -89 -2.2% -19 -1.3%

Organic Development +64 +4.4% +102 +2.5% +36 +2.5%

Sales

current period 1,459 +1.0% 4,134 +0.8% 1,459 +1.2%

∆ abs. ∆ in %

∆ abs. ∆ in %

∆ abs. ∆ in %

[in EUR million]

II. Performance Sales Q3 2013


II. Performance Operating EBIT Q3 2013


Q3 2013 vs.

Q3 2012

Q1-Q3 2013 vs.

Q1-Q3 2012

Q3 2013 vs.

Q2 2013

Operating EBIT

previous period 146.7 344.0 128.6

Structural Change +0.4 +0.3% +2.4 +0.7% 0 0%

Currency Effects -4.2 -2.9% -5.3 -1.5% -1.9 -1.5%

Organic Development +2.6 +1.8% +6.1 +1.8% +18.8 +14.6%

Operating EBIT

current period 145.5 -0.9% 347.2 +0.9% 145.5 +13.1%

∆ abs. ∆ in %

∆ abs. ∆ in %

∆ abs. ∆ in %

[in EUR million]


III. Outlook Additional Financial Information for 2013


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: amounted to around EUR 145m in FY 2012


Financial Calendar


February 6, 2014 Preliminary FY 2013

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


833

806

784

1,278

1,323

1,338

683

730

725

688

647

632

741

752

765

Backup: Performance GEA Group Working Capital Development


Trade

Receivables Inventories

Trade

Payables Advance

Payments

Working

Capital

Q2 2013

Q3 2013

+15

+1%

-22

-3%

-5

-1%

-15

-2%

+13

+2%

Q3 2012

+44

+3%

-27

-3%

+47

+7%

-41

-6%

+11

+1%

_

_

_

[in EUR million]


Backup: Performance GEA Group FX Development


Country Currency 1.1.12 - 31.12.12 avg. 1.1.13 - 30.9.13 avg. Delta % 1.1.12 - 30.9.12 avg. 1.1.13 - 30.9.13 avg. Delta %

USA USD 1,285 1,317 -2,5% 1,281 1,317 -2,8%

China CNY 8,105 8,123 -0,2% 8,106 8,123 -0,2%

Neuseeland NZD 1,587 1,613 -1,6% 1,591 1,613 -1,4%

Großbritannien GBP 0,811 0,852 -4,8% 0,812 0,852 -4,7%

Singapur SGD 1,605 1,649 -2,6% 1,612 1,649 -2,2%

Hongkong HKD 9,965 10,218 -2,5% 9,938 10,218 -2,7%

Kanada CAD 1,284 1,349 -4,8% 1,284 1,349 -4,8%

Japan JPY 102,456 127,380 -19,6% 101,615 127,380 -20,2%

Australien AUD 1,241 1,348 -8,0% 1,238 1,348 -8,2%

Schweiz CHF 1,205 1,232 -2,1% 1,204 1,232 -2,2%

Phillippinen PHP 54,246 55,447 -2,2% 54,533 55,447 -1,6%

Thailand THB 39,926 40,052 -0,3% 39,977 40,052 -0,2%

Norwegen NOK 7,475 7,662 -2,4% 7,511 7,662 -2,0%

Dänemark DKK 7,444 7,457 -0,2% 7,439 7,457 -0,3%

Rußland RUB 39,924 41,682 -4,2% 39,799 41,682 -4,5%

Argentinien ARS 5,847 6,954 -15,9% 5,718 6,954 -17,8%

Mexiko MXN 16,902 16,706 1,2% 16,944 16,706 1,4%

Tschechien CZK 25,149 25,752 -2,3% 25,143 25,752 -2,4%

Türkei TRY 2,313 2,460 -6,0% 2,309 2,460 -6,1%

Indien INR 68,581 75,760 -9,5% 68,062 75,760 -10,2%

Polen PLN 4,185 4,202 -0,4% 4,209 4,202 0,2%

Brasilien BRL 2,507 2,793 -10,2% 2,456 2,793 -12,1%

Südafrika ZAR 10,548 12,501 -15,6% 10,309 12,501 -17,5%


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 Q2 13 Q3 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 89,6 89,5

GEA Farm Technologies 125,9 129,5 140,3 131,7 527,4 148,1 145,7 147,4 142,6 583,9 138,8 155,7 150,7

GEA Heat Exchangers 375,5 445,6 369,8 462,3 1.653,2 406,1 379,0 375,1 349,7 1.509,8 361,9 363,5 348,1

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

GEA Process Engineering 401,5 426,2 433,3 449,0 1.709,9 511,3 401,2 468,5 469,2 1.850,2 481,3 570,0 515,2

GEA Refrigeration Technologies 152,7 162,8 164,8 170,1 650,4 177,9 180,4 200,1 197,8 756,2 177,9 181,2 174,9

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 1.574,0 1.509,2

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 1.045,5 933,3 933,3 979,3 846,5 799,5


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


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 2.919,1 2.926,5

Sales




GEA Heat Exchangers 338,1 390,9 424,2 463,6 1.616,8 389,7 404,3 392,1 422,7 1.608,8 318,1 385,9 380,8


GEA Process Engineering 300,8 385,1 394,7 496,6 1.577,2 373,2 401,2 423,6 518,3 1.716,3 394,3 435,6 441,3


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 1.441,9 1.459,5

EBITDA reported

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

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


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 36,3 38,4


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 45,0 46,3


GEA Group 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

EBITDA-Margin reported

[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

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% 1,0% 3,9%

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% 6,4% 11,2%

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% 9,4% 10,1%

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% 19,7% 21,6%

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% 10,3% 10,5%

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% 8,9% 9,3%

GEA Group 8,9% 8,6% 12,0% 14,4% 11,3% 5,1% 10,2% 11,3% 14,0% 10,4% 8,0% 10,6% 11,6%




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)



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 -0,8 1,7






GEA Group 69,0 109,7 139,8 206,1 524,6 74,7 122,5 146,7 216,8 560,8 73,1 128,6 145,5

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 Q2 13 Q3 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% -0,8% 1,9%






GEA Group 6,6% 8,1% 10,0% 12,6% 9,7% 5,9% 8,8% 10,1% 13,4% 9,8% 5,9% 8,9% 10,0%

EBIT before restructuring2)

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

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 -4,1 -1,7

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





GEA Group 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

Capital Employed w /o goodw ill3) (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






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 2.534,0 2.523,5

ROCE w /o goodw ill4) 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

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%






GEA Group 20,6% 19,4% 19,6% 20,5% 20,5% 17,9% 18,8% 18,6% 17,8% 17,8% 19,2% 19,6% 19,7%


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

66

mailto:[email protected]


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

grill or freeze commercially processed meat

67


Around one of every four liters of milk will have been

obtained through GEA milking equipment

68


Heat exchangers are also needed for

pasteurization of dairy products

69


Equipment for safe, healthy and nutritious

food products

70


But also around one third of all instant coffee is

produced with GEA machinery

71


Cooling and freezing applications optimally

matched to our customers products

72


Investor Relations Contact: [email protected]


Donat von Müller

+49 211 9136 1080

[email protected]

Axel Wolferts

+49 211 9136 1490

[email protected]

73

Dr. Helmut Schmale

+49 211 9136 1492

[email protected]

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