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GEA Group AG (LTS:0MPJ) Construction In Progress : €81 Mil (As of Dec. 2023)


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What is GEA Group AG Construction In Progress?

GEA Group AG's quarterly construction in progress stayed the same from Jun. 2023 (€0 Mil) to Sep. 2023 (€0 Mil) but then increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€81 Mil).

GEA Group AG's annual construction in progress increased from Dec. 2021 (€38 Mil) to Dec. 2022 (€94 Mil) but then declined from Dec. 2022 (€94 Mil) to Dec. 2023 (€81 Mil).


GEA Group AG Construction In Progress Historical Data

The historical data trend for GEA Group AG's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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GEA Group AG Construction In Progress Chart

GEA Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.17 31.85 38.28 93.93 80.61

GEA Group AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 93.93 - - - 80.61

GEA Group AG Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


GEA Group AG (LTS:0MPJ) Business Description

Address
Peter-Muller-Strasse 12, Dusseldorf, DEU, 40468
GEA Group is one of the world's largest suppliers of processing systems and equipment for the food, beverage, and pharmaceutical industries. Across its five divisions, GEA designs and manufactures process engineering equipment and offers turnkey solutions for customers' processing lines or product(s). GEA also offers a comprehensive aftermarket offering spanning maintenance services and spare parts and components.

GEA Group AG (LTS:0MPJ) Headlines

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