GEA Group Aktiengesellschaft has set a target to lift revenue above EUR 7 billion by 2030, up from EUR 5.5 billion last year, while expanding its EBITDA margin to between 17% and 19%. The industrial equipment supplier outlined the goals under its Mission 30 plan during an Industrial Technology Conference presentation, with Investor Relations Manager Eduard Biller also projecting average sales growth of more than 5%. The company aims to grow service sales to EUR 2.9 billion and digital sales to over EUR 200 million by 2030, supported by a record order backlog of EUR 3.5 billion. Margin improvement is expected to come from EUR 120 million in cost-of-goods-sold savings and about EUR 100 million in general and administrative savings, alongside a target of more than EUR 4 billion in free cash flow through 2030. GEA also highlighted plans for higher dividends and continued share buyback flexibility.
GEA GROUPGEA set ambitious revenue and margin targets for 2030, with cost savings and cash flow goals, and plans for higher dividends and buybacks.