GESCO proposes dividend of EUR 2.20 per share

Gesco AG  / Key word(s): Dividend/Dividend

26.05.2014 17:06

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Wuppertal, 26 May 2014 ‒ GESCO Group generated unaudited Group sales of EUR
453.3 million in the financial year 2013/2014 (1 April 2013 to 31 March
2014), following Group sales of EUR 440.4 million in the previous year.
Group net income after minority interest stood at EUR 18.1 million
(previous year: EUR 20.9 million). Earnings per share pursuant to IFRS
amounted to EUR 5.45 (EUR 6.30).

The most recent forecast from February 2014 projected Group sales of EUR
450 million and Group net income after minority interest of just below EUR
18 million.

Based on the preliminary figures, the Executive Board expects to propose a
dividend of EUR 2.20 per share; the dividend per share in the previous year
amounted to EUR 2.50.

The financial statements for the financial year 2013/2014 and the outlook
for the new financial year 2014/2015 will be presented at the annual
accounts press conference and analysts' meeting on 26 June 2014.

Investor Relations   *   Oliver Vollbrecht 
Phone +49 (0)202 24820-18   *   Fax: +49 (0)202 24820-49 
E-mail:   *   Website: 

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Language:     English
Company:      Gesco AG
              Johannisberg 7
              42103 Wuppertal
Phone:        +49 (0)202 248200
Fax:          +49 (0)202 2482049
ISIN:         DE000A1K0201
WKN:          A1K020  
Indices:      SDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart
End of Announcement                             DGAP News-Service