Wuppertal, 11 November 2010 – GESCO AG is increasing its full year guidance for financial year 2010/2011 (1 April 2010 to 31 March 2011) in response to a successful first half of the year and continuing dynamic developments in the third quarter.

At the accounts press conference in June 2010, the Company forecast Group sales between € 290 million and € 320 million and Group net income after minority interest between € 9 million and € 11 million, corresponding to earnings per share pursuant to IFRS between € 2.98 and € 3.64.

It now expects Group sales of around € 325 million, Group net income after minority interest of approximately € 12.5 million and earnings per share pursuant to IFRS of € 4.13.

The complete half-year interim report for the current financial year 2010/2011 will be published on 15 November 2010.

The content of this press release was published in identical wording in an ad hoc report on 10 November 2010 after the close of the stock market.