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Pre-market 02:41:39 am | |||
| 37.26 EUR | -0.64% |
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37.22 | -0.11% |
| Apr. 18 | GEA GROUP : Deutsche Bank reiterates its Buy rating | ZD |
| Apr. 17 | GEA GROUP : Jefferies sticks Neutral | ZD |
The German engineering sector is not expected to increase its production before the second half of 2020, lobby group VDMA said on Tuesday, as the world economy, trade conflicts and the car industry's transformation have lead to a decline this year.
"Our industry is not in crisis, but many customers are worried and are currently delaying or stopping investments," VDMA said in a statement.
The industry association confirmed its outlook for 2020, with production expected to decline 2% year-on-year.
(Reporting by Thomas Seythal in Berlin and Tom Kaeckenhoff in Duesseldorf; editing by Tassilo Hummel)
Price
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Change
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5d. change
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Capi.
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|---|---|---|---|---|---|
| 174.6 EUR | -0.40% | +1.14% | 146B | ||
| 70.25 EUR | -0.78% | +2.03% | 12.1B | ||
| 47.37 EUR | +0.49% | -0.23% | 6.64B | ||
| 44.3 EUR | +0.23% | +0.68% | 3.73B | ||
| 4.513 EUR | +0.51% | -2.08% | 3B | ||
| 1st Jan change | Capi. | |
|---|---|---|
| -1.14% | 7.04B | |
| +11.18% | 82.5B | |
| +18.59% | 70.16B | |
| +19.60% | 37.32B | |
| +14.26% | 31.59B | |
| +3.29% | 26.77B | |
| +7.43% | 28.13B | |
| +4.68% | 26.3B | |
| +14.78% | 24.99B | |
| +11.46% | 23.55B |
GEA GROUP AG 
