Operator
Good day, and thank you for standing by. Welcome to the GEA Group AG Pre-Close Call Q2 2026. [Operator Instructions] Please be advised that today’s conference is being recorded. I would now like to hand the conference over to your speaker today, Oliver Luckenbach. Please go ahead.
Oliver Luckenbach
Head of Investor Relations
Thank you very much, Mel, and good afternoon, ladies and gentlemen. Welcome to our Q2 2026 pre-close call. My name is Oliver Luckenbach. I’m the Head of Investor Relations at GEA. And my colleagues, Rebecca and Eduard, join me for today’s call.
As today’s call will contain forward-looking statements, it will be conducted according to our disclaimer. I will not read the disclaimer, but please be aware of the cautionary language that is included in our safe harbor statement, which is part of our presentations, you can find on the Internet. We will now address topics which we also discussed during recent conferences and roadshows. And afterwards, you will have time to ask questions.
Topic number one, guidance. We confirm our group guidance for fiscal year 2026, which we released with our full year 2025 results in March. We expect organic sales growth between 5% and 7%, EBITDA margin before restructuring expenses of 16.6% to 17.2% and the return on capital employed between 34% and 38%. So no changes.
