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Food solution integration costs hit otherwise satisfactory GEA Q1 results
date:May 11, 2012
ting EBIT.


GEA cited weak order execution and quality issues leading to cost overruns as well as the need to outsource materials following a planned plant closure. This had triggered to supply-chain problems, the hampering of shipments and necessity forexpensive work-arounds,said the firm.


A further issue was idle capacity at one plant - although the spokeswoman said the facility was a relatively minor one with annual revenues reaching 10m.

We beleive these are one-off costs and will not ro

12/20 00:50