GESCO Annual General Meeting resolves record dividend


Wuppertal, 30 August 2012 – Today’s Annual General Meeting of the SDAX-listed GESCO AG, holding company of a group of industrial SMEs, has resolved the highest dividend in the history of the company. GESCO Group recorded strong growth in the financial year 2011/2012 (1 April 2011 to 31 March 2012) and reached record figures, with Group sales of € 415.4 million and Group net income after minority interest of € 22.6 million. On account of these values, the dividend has also reached a historic high: a dividend of € 2.90 per share will be paid out for the financial year 2011/2012. The dividend payout will therefore be 45 % higher than the previous year’s figure of € 2.00 per share.

For the new financial year 2012/2013, which began on 1 April 2012, the Executive Board confirmed the current guidance of € 438 million in Group sales and € 20.5 million in Group net income after minority interest.

All points on the agenda, including new authorised capital, were approved by a large majority.