Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  GEA Group    G1A   DE0006602006

GEA GROUP

(G1A)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

GEA : optimizes TwinTube packaging machine to promote flexibility and automation

share with twitter share with LinkedIn share with facebook
share via e-mail
0
08/01/2019 | 08:45am EDT

The SmartPacker TwinTube is a continuous motion vertical machine, suitable for packaging small-sized, food products such as candy, nuts & dried fruits and other on-the-go products in pillow bags of different sizes. The machine is part of a complete packaging process with upstream and downstream equipment operating in a dry manufacturing facility. It operates with two parallel forming tubes, achieving combined speeds of up to 500 bags per minute (weighing 10 to 18 g each). It is also possible to run a different film reel for each tube, meaning calorie packs of different widths or designs can be simultaneously filled. A new feature to the machine is the Jumbo Roll, which allows film reels of up to 100 kg to be used for long production runs, which boosts operational efficiency.

'The new TwinTube has a modular construction which allows customers to easily add new options and upgrade their machine, thus prolonging the life span of the system. In addition, we've increased operator friendliness by introducing toolless adjustment features which helps achieve shorter change-over times and proven/error free setup of the machine - this includes printers, labelers and the vertical sealing unit,' explains Martijn van de Mortel, Product Manager Vertical Packaging at GEA. 'With these new updates, we're able to meet our customers' demands in terms of automated process control, less operator dependence, more uptime and operational efficiency,' he adds.

Disclaimer

GEA Group AG published this content on 01 August 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 August 2019 12:44:02 UTC

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on GEA GROUP
06:25aTHERE'S NOTHING FRESHER : New GEA vaculiq delivers gentle vacuum juicing
PU
10/22GEA GROUP AKTIENGESELLSCHAFT : Release according to Article 40, Section 1 of the..
EQ
10/17GEA : Johannes Giloth appointed to GEA's Executive Board
PU
10/17GEA GROUP AKTIENGESELLSCHAFT : Johannes Giloth appointed to GEA's Executive Boar..
EQ
10/17GEA GROUP AKTIENGESELLSCHAFT : Release according to Article 40, Section 1 of the..
EQ
10/17GEA GROUP AKTIENGESELLSCHAFT : Preliminary announcement of the publication of qu..
EQ
10/15GEA : explores possible sale of compressor supplier GEA Bock
PU
10/15FI EUROPE 2019 : GEA to showcase its technology strengths in food processing and..
PU
10/15GEA GROUP AKTIENGESELLSCHAFT : GEA explores possible sale of compressor supplier..
EQ
09/26CAPITAL MARKETS DAY 2019 : GEA unveils further measures to increase earnings and..
PU
More news
Financials (EUR)
Sales 2019 4 799 M
EBIT 2019 303 M
Net income 2019 165 M
Debt 2019 311 M
Yield 2019 2,89%
P/E ratio 2019 28,6x
P/E ratio 2020 25,2x
EV / Sales2019 1,08x
EV / Sales2020 1,03x
Capitalization 4 859 M
Chart GEA GROUP
Duration : Period :
GEA Group Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GEA GROUP
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 24
Average target price 24,74  €
Last Close Price 26,92  €
Spread / Highest target 41,2%
Spread / Average Target -8,12%
Spread / Lowest Target -44,3%
EPS Revisions
Managers
NameTitle
Stefan Klebert Chairman-Executive Board
Helmut Perlet Chairman-Supervisory Board
Marcus A. Ketter Chief Financial Officer
Farouq Ahmad Bastaki Member-Supervisory Board
Hartmut Eberlein Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
GEA GROUP19.64%5 387
ATLAS COPCO AB58.29%40 514
FANUC CORPORATION30.17%37 153
ROPER TECHNOLOGIES24.84%34 605
INGERSOLL-RAND29.66%28 576
FORTIVE CORPORATION6.80%24 246