GEA Group Approves Dividend Increase and Re-Elects Board Members

During its Annual General Meeting held in Düsseldorf, GEA Group AG shareholders approved all proposed resolutions, underscoring strong shareholder support. Notably, the meeting confirmed the re-election of Dr. Jürgen Fleischer, Prof. Dr. Annette G. Köhler, and Ms. Holly Lei to the Supervisory Board for another four-year term.

Additionally, a dividend increase was approved, raising the dividend from EUR 1.00 to EUR 1.15 per share. This adjustment aligns with GEA's new dividend policy, which aims for a payout ratio of approximately 50% of net profit. Moreover, the integrity of the Executive Board's remuneration system was maintained, emphasizing sustainable corporate management.

CEO Stefan Klebert highlighted GEA's successful fiscal 2024, noting revenue and profitability improvements and early achievement of financial goals. He also introduced a next-generation product design, reflecting the company's commitment to innovation and quality.