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Rhea-AI Summary
GEA Group has unveiled its "Mission 26" strategy, aiming for an organic sales growth of 4.0 to 6.0 percent annually through 2026. The company projects record EBITDA margins exceeding 15 percent, with a target of approximately EUR 6 billion in sales by the end of the period. Key growth areas include the New Food market and enhanced digital solutions, supported by a 45 percent increase in R&D expenditure. GEA also commits to stringent climate goals, reducing its greenhouse gas emissions by 60 percent by 2030.
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FAQ
What is the current stock price of GEA Group (GEAGF)?
GEA Group (GEAGF) last closed at $78.18.
What is the market cap of GEA Group (GEAGF)?
The market cap of GEA Group (GEAGF) is approximately $12.7B.