Slides
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Engineering for a better GEA forbe Q2 2026 RESULTS Stefan Klebert , CEO Alexander Kocherscheidt , CFO Düsseldorf , August 10 , 2026
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Disclaimer This presentation contains forward-looking statements. Forward-looking statements may include, in particular, statements about future events, future financial performance, plans, strategies, expectations, prospects, competitive environment, regulation and supply and demand. Statements with respect to the future are characterized by the use of words such as "expect", "intend", "plan", "anticipate", "believe", "estimate" and similar terms. Forward-looking statements are based on our current assumptions and forecasts. These statements naturally entail risks and uncertainties, which may cause the actual results of operations, financial position or performance to diverge materially from the estimates given here. Factors that could cause such a divergence include, inter alia, changes in the economic and business environment, fluctuations in exchange rates and interest rates, launches of competing products, poor acceptance of new products or services, and changes in business strategy. Given these uncertainties, readers should not put undue reliance on any forward- looking statements. We undertake no obligation to update or revise any forward-looking statements. Due to rounding, the sum of percentages of order intake and sales by region as well as by customer industry may vary from 100%. Q2 2026 Results 2
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Highlights Q2 2026 Stefan Klebert, CEO Q2 2026 Results 3
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Third share buyback program within 6 years launched Q2 2026 Results 4 ESG feature: Donation to Deutsche Universitätsstiftung Total volume: Up to €500 million Duration: Until end of 2027 Tranches: 2 tranches; 1st tranche of up to €250m starts in August; will be executed within next 7 months Cancellation: Upon completion of the program Share buyback volume of €1.2bn between 2021 and 2027 300 400 94 207 50 234 116 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 500 In €m
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Executive Summary Q2 2026 Top-line growth accelerated while profitability improved further 1 Before restructuring expenses I 2 Capital Employed as average of the last 4 quarters I 3 Net liquidity at the end of Q2 2026 including lease liabilities of €261m (Q2 2025: €213m) Q2 2026 Results 5 €m Q2 26 Q2 25 Δ reported Δ organic Order intake 1,495 1,309 14.2% 15.4% Two large orders (>€15m) totaling €34m vs. no large order in Q2 25; strong growth in all order sizes Sales 1,442 1,312 10.0% 11.0% Strong organic growth in service and new machine sales EBITDA1 EBITDA1 margin 250.6 17.4% 216.7 16.5% 15.6% 0.9%p EBITDA1 expansion driven by higher gross profit1 EBIT1 EBIT1 margin 196.7 13.6% 162.9 12.4% 20.8% 1.2%p ROCE1,2 36.8% 35.3% 1.5%p EBIT1 increased stronger than capital employed2 over L4Q Net liquidity3 70.9 -59.8 130.7 Increase in net liquidity due to strong FCF in the quarter
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Therefore, we raised our guidance for FY 2026 Q2 2026 Results 6 Organic sales growth (currency and portfolio adjusted) % YoY 6.0-8.0 (FY 2025: 3.7%) EBITDA margin (Before restructuring expenses) % 17.0-17.4 (prior 16.6-17.2) (FY 2025: 16.5%) ROCE1 (Before restructuring expenses) % 36.0-40.0 (prior 34.0-38.0) (FY 2025: 36.2%) For divisional guidance, please refer to slide 34 in the appendix I 1 Capital Employed as average of the last 4 quarters. (prior 5.0-7.0)
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Q2 2026 Results 7 GEA named Germany’s most sustainable company GEA ranks in Germany NO. 1 globally NO. 17 TIME and Statista evaluated over 5,000 companies globally and have named 750 companies doing best for the Earth. Source: World's Most Sustainable Companies of 2026
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Thank you, investors & analysts Q2 2026 Results GEA received German Investor Relations award in ‚Best ESG communication‘ ▪ based on the results of the Extel Developed Europe Executive Team Survey 2026 ▪ awarded by FINANCE Magazin and Deutscher Investor Relations Verband 8
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Q2 2026 Results 9 Business & Financial Review Q2 2026 Alexander Kocherscheidt, CFO
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217 232 261 206 251 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 EBITDA1, €m GEA Group Q2 26: Significant top-line growth & another meaningful YoY EBITDA1 margin increase 1 Before restructuring expenses I 2 Operating costs defined as difference between gross profit1 and EBITDA1 10 Organic order intake 15.4% YoY − Organic order intake growth in all divisions except for PFA − Growth mainly in customer industries Dairy Processing, Dairy Farming, Food, and other industries − €13m negative FX translation effect (-1.0%) Organic sales 11.0% YoY − Organic new machine sales up by 11.6% YoY − Organic service sales growth of 10.2% YoY − Service sales share down by 0.5%p to 39.6% − €9m negative FX translation effect (-0.7%) EBITDA1 margin to 17.4% (Q2 25: 16.5%) − Gross profit1 increased due to volume and gross margin improvement − Operating costs2 increased YoY Q2 2026 Results 17.4%16.5% 1,309 1,372 1,828 1,454 1,495 Order Intake, €m 1,312 1,366 1,559 1,273 1,442 Sales, €m 2,724 2,949 2,570 2,716 415 456 H1 25 H1 26 16.8%16.1% 10.7% % Organic change 8.2% 8.3% 66 bps 5.7%
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132 127 141 126 145 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 EBITDA1, €m 499 501 514 551 544 Order Intake, €m 469 482 537 475 527 Sales, €m Division Pure Flow Processing (PFP) Q2 26: Very strong top-line growth 1 Before restructuring expenses I 2 Operating costs defined as difference between gross profit1 and EBITDA1 11Q2 2026 Results Organic order intake 9.8% YoY − Strong development in orders below €5m − Growth mainly driven by customer industries Food, Dairy Processing, Beverage as well as Marine, Energy and Distribution & Storage − €4m negative FX translation effect (-0.7%) Organic sales 12.9% YoY − Organic new machine sales up by 14.3% YoY − Organic service sales growth of 11.4% YoY − Service sales share down by 0.8%p to 46.2% EBITDA1 margin to 27.5% (Q2 25: 28.0%) − Gross profit1 rose due to volume − Operating costs2 increased YoY 27.5%28.0% 1,006 1,094 935 1,002 254 270 H1 25 H1 26 27.0%27.2% 11.4% % Organic change 9.6% 18 bps 8.8% 7.1%
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402 454 835 460 561 Order Intake, €m 450 489 583 399 494 Sales, €m Division Nutrition Plant Engineering (NPE) Q2 26: Very strong catch-up from a slow first quarter 1 Before restructuring expenses I 2 Operating costs defined as difference between gross profit1 and EBITDA1 12Q2 2026 Results Organic order intake 41.7% YoY − Two large orders (>€15m) totaling €34m in Dairy Processing vs. no large order in Q2 2025; orders between €1m and €15m very strong − Growth mainly driven by customer industries Dairy Processing and Pharma − €8m negative FX translation effect (-2.0%) Organic sales 10.6% YoY − Organic new machine sales up by 10.1% YoY − Organic service sales growth of 11.5% YoY − Service sales share up by 0.2%p to 31.4% EBITDA1 margin to 11.3% (Q2 25: 10.0%) − Gross profit1 rose on the back of higher volume and better margin − Operating costs2 increased YoY 45 56 81 32 56 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 EBITDA1, €m 11.3%10.0% 883 1,021 883 894 85 87 H1 25 H1 26 9.8%9.7% 17.8% % Organic change 3.0% 13 bps 15.6% 1.2%
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35 33 41 33 45 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 EBITDA1, €m Division Pharma & Food Applications (PFA) Q2 26: Strong sales growth & substantial YoY EBITDA1 margin improvement 1 Before restructuring expenses I 2 Operating costs defined as difference between gross profit1 and EBITDA1 13Q2 2026 Results Organic order intake -9.6% YoY − Base orders (<€1m) up YoY; medium-size orders down − €1m negative FX translation effect (-0.3%) Organic sales 8.5% YoY − Organic new machine sales up by 9.2% YoY − Organic service sales growth of 7.2% YoY − Service sales share down by 1.2%p to 33.3% EBITDA1 margin to 16.2% (Q2 25: 13.2%) − Gross profit1 rose YoY due to volume and significantly higher gross margin − Operating costs2 increased YoY16.2%13.2% 263 270 308 274 234 Order Intake, €m 262 252 293 249 278 Sales, €m 531 508 513 527 66 79 H1 25 H1 26 14.9%12.9% 204 bps % Organic change 1.8% 4.3% 6.3% 2.7%
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26 36 29 34 30 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 EBITDA1, €m 207 205 241 236 230 Order Intake, €m 182 201 214 202 210 Sales, €m Division Farm Technologies (FT) Q2 26: Significant top-line improvement 1 Before restructuring expenses I 2 Operating costs defined as difference between gross profit1 and EBITDA1 14 Organic order intake 11.4% YoY - Very strong development in orders below €1m in size - Growth driven by automated and conventional milking systems - €1m negative FX translation effect (-0.5%) Organic sales 15.4% YoY − Organic new machine sales up by 22.6% YoY − Organic service sales growth of 8.6% YoY − Service sales share down by 3.3%p to 47.8% EBITDA1 margin to 14.2% (Q2 25: 14.4%) − Gross profit1 rose less than sales due to mix effects − Operating costs2 increased YoY Q2 2026 Results 14.2%14.4% 421 465 349 412 48 63 H1 25 H1 26 15.4%13.7% 20.5% 175 bps 18.0% % Organic change 12.5% 10.5%
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Strong EBITDA1 performance in H1 and Q2 2026 1 Before restructuring expenses Q2 2026 Results 15 Positive contribution by all divisions in both time periods Q2 26 EBITDA1 growth contribution by divisions in €m 1 1 H1 26 EBITDA1 growth contribution by divisions in €m 1 1 16 13 16 EBITDA H1 25 PFP 2 NPE PFA FT -6 Other / Cons. EBITDA H1 26 415 456 13 11 11 3 EBITDA Q2 25 PFP NPE PFA FT -4 Other / Cons. EBITDA Q2 26 217 251
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Net Working Capital performance NWC/sales ratio favorably at the bottom of the guided corridor Q2 2026 Results 16 422 396 92 58 106 NWC Q2 25 Inventories Trade receivables -130 Trade payables Contract assets -155 Contract liabilities 2 Anticipated contract losses NWC Q2 26 386 422 466 175 383 396 7.1% 7.8% 8.6% 3.2% 7.0% 7.0% 7.8% 7.5% 7.4% 6.6% 6.6% 6.3% -10% -5% 0% 5% 10% 15% 20% 0 €m 100 €m 200 €m 300 €m 400 €m 500 €m 600 €m 700 €m 800 €m 900 €m 1,000 €m Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 NWC as of end of quarter (in €m) NWC as of end of quarter in percentage of sales (L4Q) NWC (L4Q) in percentage of sales (L4Q) Guided corridor 7% 9% ▪ YoY NWC reduction due to a combination of higher contract liabilities (advance payments) and higher trade payables ▪ NWC ratio with 7.0% at the lower end of the guided corridor of 7.0 – 9.0% (in €m)
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Outstanding cash generation 1 Including lease liabilities of €261m at the end of Q2 2026 and €251m at the end of Q1 2026 Q2 2026 Results 17 FCF ▪ NWC -€12m: outflow mainly driven by higher inventories ▪ Others -€26m: mainly related to VAT ▪ Positive FCF of €151m Free Cash Flow Q2 26, €m 251 185 151 131 EBITDA before Restructuring -12 Delta NWC -21 Taxes -7 Cash-out Restructuring -26 Others Operating Cash flow -39 Capex 5 Others Free Cash Flow -14 Lease payments -7 Interests paid Net Cash Flow 162 71 131 Net Cash at the end of Q1 26 Net Cash Flow -212 Dividend -10 Lease Liabilities -1 Others Net Cash at the end of Q2 26 Net Cash at the end of Q2 26 vs. at the end of Q1 26, €m 1 Net Cash ▪ Strong cash generation ▪ Still net cash despite dividend payment 1
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Solid cash conversion1 of 54% in L4Q Q2 2026 Results 18 Free Cash Flow H1 26, €m 456 60 -39 -83-27 Others Free Cash Flow EBITDA before Restructuring Lease payments -11 Interests paid Net Cash Flow -218 Delta NWC -54 Taxes -8 Cash-out Restructuring -116 Others Operating Cash flow -72 Capex -33 FCF conversion ratio1 (L4Q) ▪ 54% of EBITDA1 converted into FCF1 in L4Q ▪ Higher capex expected for H2 versus H1 52 483 470 151 Q3 25 Q4 25 -190 Q1 26 Q2 26 Q2 26 L4Q FCF generation during L4Q per Q2 26, €m 1 Before restructuring expenses
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19 Outlook FY 2026 Stefan Klebert, CEO Q2 2026 Results
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Raised guidance for FY 2026 Q2 2025 Results 20 Organic sales growth (currency and portfolio adjusted) % YoY 6.0-8.0 (FY 2025: 3.7%) EBITDA margin (Before restructuring expenses) % 17.0-17.4 (prior 16.6-17.2) (FY 2025: 16.5%) ROCE1 (Before restructuring expenses) % 36.0-40.0 (prior 34.0-38.0) (FY 2025: 36.2%) For divisional guidance, please refer to slide 34 in the appendix I 1 Capital Employed as average of the last 4 quarters. (prior 5.0-7.0)
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Roadmap for 2026 21 Today Q2 2026 Nov 09, 2026 Q3 2026 Mar 08, 2027 FY/Q4 2026 Q2 2026 Results
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Appendix Q2 2026 Results 22
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GEA – Q2 2026 figures 1 By ”organic“, GEA means changes that are adjusted for currency and portfolio effects I 2 Before restructuring expenses; 3 Capital Employed as average of the last 4 quarters (L4Q) 23 InsertPicture Q2 2026 Results [in €m] Q2 25 Q2 26 Δ YoY L4Q Q2 25 L4Q Q2 26 Δ YoY Order Intake 14,2% 9,4% Organic1 15,4% 12,2% Sales 10,0% 3,9% Organic1 11,0% 7,0% Order Backlog 3.131,4 3.540,4 13,1% 3.131,4 3.540,4 13,1% EBITDA2 216,7 250,6 15,6% 871,2 948,9 8,9% EBITDA Margin 2 16,5% 17,4% 85 bps 16,1% 16,8% 77 bps EBIT 2 162,9 196,7 20,8% 654,3 718,0 9,7% EBIT Margin 2 12,4% 13,6% 122 bps 12,1% 12,7% 67 bps ROCE3 35,3% 36,8% 148 bps 35,3% 36,8% 148 bps 1.309,1 1.494,7 5.622,6 6.149,0 1.311,8 1.442,5 5.427,9 5.640,8 5.553 5.603 5.623 5.694 5.924 5.963 6.149 5.422 5.439 5.428 5.444 5.495 5.510 5.641 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Order Intake Sales 900 866 979 964 938 894 948 1.019 1.019 250 243 238 254 248 252 293 265 28741 133 151 114 123 162 173 97 155 98 59 230 83 0 64 414 73 341.289 1.301 1.598 1.415 1.309 1.372 1.828 1.454 1.495 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 <€1m >=€1m < €5m >=€5m < €15m >=€15m Order Intake Developmentby Size (in €m)Order Intake and Sales (L4Q in €m) Sales by Customer Industry (L4Q) 14% 19% 25% 1% 11% 8% 6% 16% Dairy Farming 11% YoY Dairy Processing 19% YoY Food 1% YoY New Food 31% YoY Beverage -7% YoY Pharma 12% YoY Chemical -21% YoY Other 1% YoY GEA 4% YoY
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Pure Flow Processing – Q2 2026 figures 1 By ”organic“, GEA means changes that are adjusted for currency and portfolio effects I 2 Before restructuring expenses I 3 ROCE, as one of the relevant performance indicators, is considered as „ROCE 3rd Party“ (excluding interdivisional effects in the capital employed) at the divisional level. Capital Employed as average of the last 4 quarters (L4Q) 24 InsertPicture Q2 2026 Results [in €m] Q2 25 Q2 26 Δ YoY L4Q Q2 25 L4Q Q2 26 Δ YoY Order Intake 9,1% 6,6% Organic1 9,8% 9,7% Sales 12,3% 3,6% Organic1 12,9% 6,5% Order Backlog 756,6 814,8 7,7% 756,6 814,8 7,7% EBITDA2 131,5 144,8 10,1% 513,2 538,7 5,0% EBITDA Margin 2 28,0% 27,5% -56 bps 26,3% 26,7% 35 bps EBIT 2 114,5 127,1 11,0% 448,1 469,3 4,7% EBIT Margin 2 24,4% 24,1% -29 bps 23,0% 23,2% 26 bps ROCE3 40,1% 40,3% 24 bps 40,1% 40,3% 24 bps 498,5 543,7 1.978,4 2.108,5 469,5 527,2 1.950,1 2.019,9 1.946 1.950 1.978 2.024 2.020 2.063 2.108 1.912 1.944 1.950 1.945 1.953 1.962 2.020 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Order Intake Sales 0% 21% 19% 0% 11%9% 3% 38% 418 418 453 446 435 408 438 475 486 52 37 58 61 53 60 62 69 576 11 17 14 6 16470 455 517 507 499 501 514 551 544 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 <€1m >=€1m < €5m >=€5m < €15m >=€15m Order Intake Developmentby Size (in €m)Order Intake and Sales (L4Q in €m) Sales by Customer Industry (L4Q) Dairy Farming n.a Dairy Processing 16% YoY Food -8% YoY New Food -18% YoY Beverage 12% YoY Pharma 1% YoY Chemical -29% YoY Other 4% YoY PFP 4% YoY
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Nutrition Plant Engineering – Q2 2026 figures 25 InsertPicture 1 By ”organic“, GEA means changes that are adjusted for currency and portfolio effects I 2 Before restructuring expenses I 3 ROCE, as one of the relevant performance indicators, has now been considered as „ROCE 3rd Party“ (excluding interdivisional effects in the capital employed) at the divisional level since the beginning of the financial year 2021. Due to negative capital employed, ROCE is not meaningful. Q2 2026 Results [in €m] Q2 25 Q2 26 Δ YoY L4Q Q2 25 L4Q Q2 26 Δ YoY Order Intake 39,7% 12,5% Organic1 41,7% 14,9% Sales 9,9% 2,1% Organic1 10,6% 4,6% Order Backlog 1.551,2 1.844,7 18,9% 1.551,2 1.844,7 18,9% EBITDA2 45,2 55,7 23,3% 209,3 224,6 7,3% EBITDA Margin 2 10,0% 11,3% 123 bps 10,9% 11,4% 55 bps EBIT 2 34,9 45,1 29,3% 165,7 180,7 9,1% EBIT Margin 2 7,8% 9,1% 137 bps 8,6% 9,2% 58 bps ROCE3 n.a n.a - n.a n.a - 401,6 561,2 2.054,3 2.310,1 449,9 494,2 1.924,1 1.965,2 2.094 2.119 2.054 1.999 2.172 2.151 2.310 1.962 1.957 1.924 1.940 1.955 1.921 1.965 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Order Intake Sales 0% 36% 14%1% 20% 2% 14% 11% 232 197 237 208 225 208 224 220 229 126 141 120 108 117 99 122 108 175 26 112 113 83 59 99 144 58 12383 59 192 83 0 48 346 73 34466 509 662 482 402 454 835 460 561 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 <€1m >=€1m < €5m >=€5m < €15m >=€15m Order Intake Developmentby Size (in €m)Order Intake and Sales (L4Q in €m) Sales by Customer Industry (L4Q) Dairy Farming n.a Dairy Processing 19% YoY Food 23% YoY New Food 2% YoY Beverage -14% YoY Pharma 206% YoY Chemical -19% YoY Other -8% YoY NPE 2% YoY
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Pharma & Food Applications – Q2 2026 figures 26 1 By ”organic“, GEA means changes that are adjusted for currency and portfolio effects I 2 Before restructuring expenses I 3 ROCE, as one of the relevant performance indicators, is considered as „ROCE 3rd Party“ (excluding interdivisional effects in the capital employed) at the divisional level. Capital Employed as average of the last 4 quarters (L4Q) InsertPicture Q2 2026 Results [in €m] Q2 25 Q2 26 Δ YoY L4Q Q2 25 L4Q Q2 26 Δ YoY Order Intake -10,8% 1,5% Organic1 -9,6% 4,2% Sales 6,0% 2,8% Organic1 8,5% 6,9% Order Backlog 657,4 651,8 -0,8% 657,4 651,8 -0,8% EBITDA2 34,6 45,2 30,3% 123,0 153,3 24,6% EBITDA Margin 2 13,2% 16,2% 303 bps 11,8% 14,3% 251 bps EBIT 2 22,9 33,7 47,1% 69,9 99,8 42,7% EBIT Margin 2 8,7% 12,1% 339 bps 6,7% 9,3% 261 bps ROCE3 15,0% 21,8% 681 bps 15,0% 21,8% 681 bps 262,9 234,5 1.070,3 1.086,1 262,2 277,9 1.042,8 1.072,0 1.052 1.062 1.070 1.102 1.109 1.115 1.086 1.007 1.020 1.043 1.042 1.058 1.056 1.072 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Order Intake Sales 0% 75% 1% 0% 23% 155 149 164 163 143 144 150 159 152 69 68 67 74 67 80 109 81 51 15 20 33 32 53 46 20 33 31 15 38 28254 238 302 268 263 270 308 274 234 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 <€1m >=€1m < €5m >=€5m < €15m >=€15m Order Intake Developmentby Size (in €m)Order Intake and Sales (L4Q in €m) Sales by Customer Industry (L4Q) Dairy Farming 20% YoY Dairy Processing n.a Food 0% YoY New Food 409% YoY Beverage n.a Pharma 8% YoY Chemical n.a Other -32% YoY PFA 3% YoY
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Farm Technologies – Q2 2026 figures 1 By ”organic“, GEA means changes that are adjusted for currency and portfolio effects I 2 Before restructuring expenses I 3 ROCE, as one of the relevant performance indicators, is considered as „ROCE 3rd Party“ (excluding interdivisional effects in the capital employed) at the divisional level. Capital Employed as average of the last 4 quarters (L4Q) 27 InsertPicture Q2 2026 Results [in €m] Q2 25 Q2 26 Δ YoY L4Q Q2 25 L4Q Q2 26 Δ YoY Order Intake 10,9% 18,8% Organic1 11,4% 21,7% Sales 14,9% 10,9% Organic1 15,4% 13,8% Order Backlog 235,3 321,0 36,4% 235,3 321,0 36,4% EBITDA2 26,3 29,7 13,0% 110,9 128,7 16,1% EBITDA Margin 2 14,4% 14,2% -24 bps 14,9% 15,6% 70 bps EBIT 2 18,6 22,6 21,1% 82,0 94,3 15,0% EBIT Margin 2 10,2% 10,8% 55 bps 11,0% 11,4% 41 bps ROCE3 28,8% 33,8% 506 bps 28,8% 33,8% 506 bps 207,0 229,5 767,2 911,7 182,3 209,5 745,0 826,0 703 719 767 811 868 889 912 773 753 745 751 763 799 826 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Order Intake Sales 155 156 182 196 192 188 193 218 216 4 5 3 18 15 17 9 18 13 158 161 185 214 207 205 241 236 230 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 <€1m >=€1m < €5m >=€5m < €15m >=€15m Order Intake Developmentby Size (in €m)Order Intake and Sales (L4Q in €m) Sales by Customer Industry (L4Q) 100% Dairy Farming 11% YoY Dairy Processing n.a Food n.a New Food n.a Beverage n.a Pharma n.a Chemical n.a Other n.a FT 11% YoY 40
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Good order intake development 28 5,484 5,593 5,615 5,679 5,716 5,694 5,570 5,469 5,254 5,162 5,215 5,553 5,603 5,623 5,694 5,924 5,963 6,149 4,000 4,500 5,000 5,500 6,000 6,500 2,500 3,000 3,500 4,000 4,500 5,000 5,500 6,000 6,500 Q1 22 Q2 22 Q3 22 Q4 22 Q1 23 Q2 23 Q3 23 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 Order intake rolling L4Q in €m Q2 2026 Results
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Service sales 29 Figures are shown in EUR million. Totals differ from sum below due to consolidation effects InsertPicture Q2 2026 Results 220 224 250 221 221 227 237 226 243 140 141 164 135 140 150 180 137 155 86 90 98 91 90 93 101 86 93 91 96 102 98 93 97 103 96 100514 529 592 525 526 548 599 525 571 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 PFP NPE PFA FT
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Order intake split as of Q2 2026 L4Q: Top 30 countries account for 86% of order intake 30 InsertPicture Classification based on World Economic Outlook, October 2025 Q2 2026 Results Top DM Countries Share Delta LTM % BtB Top EM Countries Share Delta LTM % BtB United States 19% 1,19 China 7% 1,04 Germany 9% 1,13 Poland 3% 0,89 Spain 4% 1,27 India 3% 1,13 Netherlands 4% 1,08 Algeria 3% 5,52 United Kingdom 4% 1,04 Turkey 2% 1,31 France 3% 1,11 Mexico 2% 1,09 Italy 2% 1,05 Brazil 2% 0,88 Ireland 2% 1,18 Argentina 1% 1,10 Japan 2% 1,67 Indonesia 1% 0,82 Canada 2% 0,85 Vietnam 1% 0,77 Belgium 1% 0,81 Saudi Arabia 1% 0,98 Denmark 1% 1,01 Malaysia 1% 1,38 Australia 1% 1,06 South Africa 1% 1,00 New Zealand 1% 0,76 Thailand 1% 1,15 Switzerland 1% 0,95 Russian Federation 1% 1,09 More than 5% Between 1% and 5% Between -1% and 1% Between -5% and -1% Less than -5%
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FX development 31 InsertPicture Q2 2026 Results Currency % total Jun YTD * FX rates Jun YTD (average) Δ FX YoY Jun 2026 vs Jun 2025 EUR 44% - - USD 19% 1,17 7% CNY 5% 8,01 1% DKK 5% 7,47 0% GBP 4% 0,87 3% PLN 3% 4,24 0% CAD 2% 1,61 4% BRL 2% 6,01 -4% INR 2% 108,59 15% NZD 2% 1,99 6% AUD 1% 1,66 -4% *Share of functional (i.e. local P&Ls) currencies in the translation mix of the group; all figures on a YTD basis
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Strong financial position and solid financial flexibility 32 €m End of Q2 26 End of Q2 25 Δ Cash and cash equivalents 333 298 - Bank liabilities (incl. accrued interest) 1 144 = Net liquidity excl. lease liabilities 332 154 - Lease liabilities 261 213 = Net liquidity / net debt (incl. lease liabilities) 71 (60) Finance KPIs Agency Last Update Rating Outlook Current Prior Current Prior Moody‘s June 2025 Baa1 Baa1 stable stable Maturity structure cash credit lines (€m) Maturity/Year Limit Utilized Comments 2028 650 0 Committed syndicated liquidity back-up credit facility of Headquarter. Linked to ESG indicators. Until further notice 30 0 Evergreens, committed bilateral credit lines of Headquarter with core banks. Until further notice 1 1 Bilateral lines of subsidiaries. Total 681 1 Q2 2026 Results
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Additional financial information for FY 2026 33 1 Before restructuring expenses I 2 Estimation does not include a potential additional change of valuation allowances on deferred tax assets on tax loss carryforwards based on new business prognosis by the end of the fiscal year. Financial result around -€30m Tax rate between 28-30%2 Capex around €240m Depreciation & Amortization (incl. PPA, IFRS 16)1 around €230m thereof impact from PPA around €10m R&D (as % of sales) around 3% Q2 2026 Results
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Divisional guidance FY 2026 raised 34 1 Adjusted for portfolio and currency translation effects I 2 Capital Employed as average of the last 4 quarters I 3 Due to negative capital employed ROCE in 2025 and 2026 is not meaningful I 4 In percentage of total revenue Revenue development (organic1) Forecast for 2026 2025 Pure Flow Processing +4.5% to +7.0% €1,953m Nutrition Plant Engineering +7.0% to +9.0% €1,955m Pharma & Food Applications +6.0% to +8.0% €1,058m Farm Technologies +8.0% to +10.0% €763m Consolidation - -€234m EBITDA margin before restructuring Forecast for 2026 2025 Pure Flow Processing 27.0% to 28.5% 26.7% Nutrition Plant Engineering 11.5% to 13.0% 11.4% Pharma & Food Applications 14.0% to 15.5% 13.3% Farm Technologies 15.0% to 16.5% 14.8% Others / Consolidation4 -1.5% -1.7% ROCE2 (3rd Party) Forecast for 2026 2025 Pure Flow Processing 37.0% to 43.0% 40.5% Nutrition Plant Engineering3 - - Pharma & Food Applications 24.0% to 28.0% 19.3% Farm Technologies 31.0% to 36.0% 28.9% Q2 2026 Results
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Historical timeline (1/4) 1 By ”organic“, GEA means changes that are adjusted for currency and portfolio effects 35 InsertPicture Q2 2026 Results Order Intake €m Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Q1 25 Q2 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 PFP 504 470 455 517 1.946 507 499 501 514 2.020 551 544 NPE 457 466 509 662 2.094 482 402 454 835 2.172 460 561 PFA 259 254 238 302 1.052 268 263 270 308 1.109 274 234 FT 199 158 161 185 703 214 207 205 241 868 236 230 Cons./ Other (53) (59) (63) (68) (243) (56) (61) (57) (70) (245) (66) (74) GEA 1.365 1.289 1.301 1.598 5.553 1.415 1.309 1.372 1.828 5.924 1.454 1.495 Order Intake Group < 1 €m Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Q1 25 Q2 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 PFP 424 418 418 453 1.713 446 435 408 438 1.727 475 486 NPE 216 232 197 237 882 208 225 208 224 865 220 229 PFA 157 155 149 164 625 163 143 144 150 600 159 152 FT 183 155 156 182 676 196 192 188 193 769 218 216 GEA 927 900 866 979 3.673 964 938 894 948 3.744 1.019 1.019 Order Intake Group >= 1 €m < 5 €m Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Q1 25 Q2 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 PFP 62 52 37 58 209 61 53 60 62 235 69 57 NPE 128 126 141 120 514 108 117 99 122 445 108 175 PFA 69 69 68 67 274 74 67 80 109 330 81 51 FT 15 4 5 3 27 18 15 17 9 59 18 13 GEA 274 250 243 238 1.005 254 248 252 293 1.047 265 287 Order Intake Group >= 5 €m < 15 €m Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Q1 25 Q2 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 PFP 18 - - 6 24 - 11 17 14 41 6 - NPE 83 26 112 113 334 83 59 99 144 385 58 123 PFA 13 15 20 33 81 32 53 46 20 151 33 31 FT - - - - - - - - - - - - GEA 113 41 133 151 438 114 123 162 173 572 97 155 Order Intake Group >= 15 €m Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Q1 25 Q2 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 PFP - - - - - - - 16 - 16 - - NPE 31 83 59 192 364 83 - 48 346 477 73 34 PFA 20 15 - 38 73 - - - 28 28 - - FT - - - - - - - - 40 40 - - GEA 51 98 59 230 437 83 - 64 414 561 73 34 Organic Order Intake Growth1 Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Q1 25 Q2 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 PFP n.a n.a n.a n.a n.a 0,0% 8,5% 13,3% 3,0% 6,0% 13,0% 9,8% NPE n.a n.a n.a n.a n.a 5,3% -11,3% -8,8% 29,3% 5,8% -2,1% 41,7% PFA 3,1% -11,5% 0,6% 19,7% 2,5% 4,2% 10,0% 16,0% 5,4% 8,6% 5,9% -9,6% FT -14,7% -12,8% 1,1% 9,4% -5,4% 7,2% 34,3% 31,2% 34,5% 26,0% 13,7% 11,4% GEA -9,7% -3,5% 6,6% 29,3% 4,6% 3,4% 5,0% 8,4% 17,9% 9,1% 6,4% 15,4%
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Historical timeline (2/4) 1 By ”organic“, GEA means changes that are adjusted for currency and portfolio effects 36 InsertPicture Q2 2026 Results Order Backlog €m Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Q1 25 Q2 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 PFP 786 788 744 747 747 760 757 767 743 743 816 815 NPE 1.576 1.544 1.518 1.625 1.625 1.650 1.551 1.501 1.725 1.725 1.783 1.845 PFA 648 659 631 654 654 669 657 662 677 677 686 652 FT 289 237 189 170 170 218 235 237 265 265 300 321 Cons./ Other (58) (64) (68) (68) (68) (59) (69) (65) (72) (72) (84) (92) GEA 3.241 3.164 3.014 3.127 3.127 3.239 3.131 3.102 3.339 3.339 3.501 3.540 Sales €m Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Q1 25 Q2 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 PFP 434 463 486 529 1.912 466 469 482 537 1.953 475 527 NPE 439 483 473 568 1.962 433 450 489 583 1.955 399 494 PFA 238 240 253 277 1.007 251 262 252 293 1.058 249 278 FT 187 190 195 201 773 167 182 201 214 763 202 210 Cons./ Other (57) (52) (57) (67) (233) (58) (52) (57) (66) (234) (52) (66) GEA 1.241 1.323 1.350 1.508 5.422 1.258 1.312 1.366 1.559 5.495 1.273 1.442 Organic Sales Growth 1 Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Q1 25 Q2 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 PFP n.a n.a n.a n.a n.a 6,5% 3,7% 2,0% 5,2% 4,3% 6,3% 12,9% NPE n.a n.a n.a n.a n.a -1,7% -4,9% 6,1% 5,8% 1,6% -4,8% 10,6% PFA -2,6% -3,8% 3,4% -5,0% -2,2% 5,4% 12,2% 4,1% 10,7% 8,2% 3,9% 8,5% FT 10,4% 1,4% -4,0% 7,8% 3,7% -11,4% -1,6% 6,0% 9,7% 0,9% 26,0% 15,4% GEA 2,7% 1,6% 1,4% 8,7% 3,7% 0,9% 1,5% 4,5% 7,2% 3,7% 5,3% 11,0% Book-to-bill ratio Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Q1 25 Q2 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 PFP 1,16 1,01 0,94 0,98 1,02 1,09 1,06 1,04 0,96 1,03 1,16 1,03 NPE 1,04 0,97 1,08 1,16 1,07 1,11 0,89 0,93 1,43 1,11 1,15 1,14 PFA 1,09 1,06 0,94 1,09 1,04 1,07 1,00 1,07 1,05 1,05 1,10 0,84 FT 1,06 0,83 0,83 0,92 0,91 1,29 1,14 1,02 1,13 1,14 1,17 1,10 GEA 1,10 0,97 0,96 1,06 1,02 1,12 1,00 1,00 1,17 1,08 1,14 1,04 EBITDA before restructuring €m Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Q1 25 Q2 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 PFP 109 119 123 137 487 122 132 127 141 522 126 145 NPE 31 47 57 67 202 40 45 56 81 222 32 56 PFA 23 24 26 31 103 31 35 33 41 141 33 45 FT 27 28 32 32 119 21 26 36 29 113 34 30 Cons./ Other (9) (16) (19) (28) (73) (17) (21) (21) (33) (91) (19) (25) GEA 181 201 217 239 837 198 217 232 261 907 206 251 EBITDA before restructuring margin Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Q1 25 Q2 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 PFP 25,1% 25,6% 25,2% 25,9% 25,5% 26,3% 28,0% 26,4% 26,3% 26,7% 26,5% 27,5% NPE 7,1% 9,6% 12,0% 11,8% 10,3% 9,3% 10,0% 11,4% 14,0% 11,4% 8,0% 11,3% PFA 9,5% 9,8% 10,1% 11,3% 10,2% 12,5% 13,2% 13,3% 14,1% 13,3% 13,4% 16,2% FT 14,5% 14,9% 16,2% 15,8% 15,3% 12,8% 14,4% 18,0% 13,7% 14,8% 16,7% 14,2% GEA 14,5% 15,2% 16,1% 15,9% 15,4% 15,8% 16,5% 17,0% 16,7% 16,5% 16,2% 17,4%
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Historical timeline (3/4) 1 By ”organic“, GEA means changes that are adjusted for currency and portfolio effects I 2 Before restructuring expenses 37 InsertPicture Q2 2026 Results Depreciation & amortization 2 €m Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Q1 25 Q2 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 PFP (14) (14) (15) (16) (60) (15) (17) (16) (18) (66) (16) (17) NPE (10) (10) (10) (11) (40) (10) (10) (10) (13) (42) (10) (10) PFA (8) (9) (9) (17) (44) (9) (9) (9) (16) (43) (9) (9) FT (7) (6) (6) (8) (26) (9) (8) (7) (14) (37) (7) (7) Cons./ Other (6) (7) (6) (10) (29) (5) (7) (7) (9) (28) (7) (7) GEA (45) (47) (46) (62) (199) (47) (51) (49) (69) (216) (50) (51) PPA Depreciation & amortization 2 €m Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Q1 25 Q2 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 PFP (0) (0) (0) (0) (1) (0) (0) (0) (0) (1) (0) (0) NPE (0) (0) (0) (2) (3) (0) (0) (0) (0) (2) (0) (0) PFA (2) (2) (2) (2) (9) (2) (2) (2) (2) (9) (3) (2) FT (0) (0) (0) (0) (0) 2 (0) 0 0 2 (0) (0) Cons./ Other - - - 1 1 - - - 0 0 - - GEA (3) (3) (3) (4) (12) (1) (3) (3) (2) (10) (4) (3) EBIT before restructuring €m Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Q1 25 Q2 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 PFP 95 104 107 120 425 107 115 111 123 455 109 127 NPE 21 37 47 54 159 30 35 46 68 179 22 45 PFA 12 12 15 12 50 20 23 22 23 88 21 34 FT 21 22 25 24 92 14 19 29 16 78 26 23 Cons./ Other (15) (24) (25) (36) (101) (22) (28) (28) (41) (119) (26) (32) GEA 133 151 168 173 626 150 163 180 189 682 152 197 EBIT before restructuring margin Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Q1 25 Q2 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 PFP 21,8% 22,4% 22,0% 22,7% 22,2% 22,9% 24,4% 23,0% 22,9% 23,3% 22,9% 24,1% NPE 4,9% 7,6% 9,9% 9,5% 8,1% 6,9% 7,8% 9,3% 11,7% 9,1% 5,4% 9,1% PFA 4,9% 5,0% 5,7% 4,4% 5,0% 8,1% 8,7% 8,7% 7,9% 8,3% 8,5% 12,1% FT 11,0% 11,6% 12,9% 12,0% 11,9% 8,5% 10,2% 14,6% 7,6% 10,3% 13,0% 10,8% GEA 10,7% 11,4% 12,5% 11,5% 11,5% 11,9% 12,4% 13,2% 12,1% 12,4% 12,0% 13,6% EBITDA €m Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Q1 25 Q2 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 PFP 107 116 120 134 478 121 130 126 133 511 125 143 NPE 30 37 54 60 180 40 44 54 75 212 31 54 PFA 20 24 26 23 92 29 34 33 55 152 33 45 FT 27 27 31 25 109 19 24 36 25 104 33 25 Cons./ Other (11) (18) (21) (32) (83) (19) (24) (23) (55) (120) (22) (26) GEA 173 186 209 209 777 191 208 227 233 859 201 241
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Historical timeline (4/4) 1 By ”organic“, GEA means changes that are adjusted for currency and portfolio effects I 2 Before restructuring expenses I 3 Capital Employed as average of the last 4 quarters (L4Q): Since the beginning of the financial year 2021 ROCE has now been considered as „ROCE 3rd Party“ (excluding interdivisional effects in the capital employed) at the divisional level. 38 InsertPicture Q2 2026 Results EBITDA margin Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Q1 25 Q2 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 PFP 24,7% 25,1% 24,7% 25,4% 25,0% 26,0% 27,7% 26,2% 24,8% 26,1% 26,2% 27,1% NPE 6,7% 7,6% 11,4% 10,5% 9,2% 9,2% 9,7% 11,0% 12,8% 10,9% 7,8% 10,9% PFA 8,5% 10,1% 10,1% 8,1% 9,2% 11,7% 12,9% 13,2% 18,7% 14,3% 13,3% 16,0% FT 14,2% 14,2% 15,8% 12,5% 14,2% 11,4% 13,0% 18,0% 11,9% 13,7% 16,5% 12,1% GEA 13,9% 14,0% 15,5% 13,9% 14,3% 15,2% 15,8% 16,6% 15,0% 15,6% 15,7% 16,7% EBIT €m Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Q1 25 Q2 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 PFP 93 101 104 118 417 106 113 110 115 443 108 125 NPE 17 27 44 46 134 30 34 44 62 169 21 43 PFA 9 13 12 3 36 18 22 22 37 99 21 33 FT 20 21 24 17 83 10 16 29 12 66 26 18 Cons./ Other (17) (26) (27) (42) (112) (23) (31) (30) (63) (147) (29) (33) GEA 122 136 158 142 558 140 154 174 161 630 147 187 EBIT margin Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Q1 25 Q2 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 PFP 21,4% 21,9% 21,5% 22,3% 21,8% 22,7% 24,1% 22,8% 21,3% 22,7% 22,7% 23,7% NPE 3,8% 5,6% 9,3% 8,1% 6,8% 6,9% 7,4% 8,9% 10,6% 8,6% 5,2% 8,7% PFA 4,0% 5,3% 4,6% 1,0% 3,6% 7,3% 8,5% 8,7% 12,5% 9,3% 8,4% 11,9% FT 10,7% 11,0% 12,5% 8,7% 10,7% 5,8% 8,8% 14,3% 5,4% 8,7% 12,9% 8,6% GEA 9,8% 10,3% 11,7% 9,4% 10,3% 11,2% 11,7% 12,8% 10,3% 11,5% 11,5% 12,9% Capital Employed 3 (avg. L4Q) €m Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Q1 25 Q2 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 PFP n.a n.a n.a 1.108 1.108 1.112 1.117 1.127 1.124 1.124 1.142 1.163 NPE n.a n.a n.a (21) (21) (26) (33) (35) (40) (40) (39) (36) PFA 460 451 448 453 453 465 467 468 457 457 456 458 FT 294 299 302 304 304 297 285 278 271 271 274 279 Other 28 22 13 6 6 (6) 15 43 72 72 83 85 GEA 1.812 1.824 1.844 1.851 1.851 1.841 1.851 1.882 1.884 1.884 1.916 1.949 ROCE2,3 (avg. L4Q) Q1 24 Q2 24 Q3 24 Q4 24 FY 24 Q1 25 Q2 25 Q3 25 Q4 25 FY 25 Q1 26 Q2 26 PFP n.a n.a n.a 38,4% 38,4% 39,4% 40,1% 40,1% 40,5% 40,5% 40,0% 40,3% NPE n.a n.a n.a - - - - - - - - - PFA 6,1% 7,8% 9,7% 11,1% 11,1% 12,7% 15,0% 16,5% 19,3% 19,3% 19,5% 21,8% FT 29,7% 28,6% 27,8% 30,2% 30,2% 28,8% 28,8% 30,9% 28,9% 28,9% 33,0% 33,8% GEA 32,3% 32,3% 32,3% 33,8% 33,8% 34,9% 35,3% 35,4% 36,2% 36,2% 35,7% 36,8%
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