GESCO AG: audited figures 2007/2008 and outlook 2008/2009

26.06.2008

Wuppertal, 26 June 2008 – In financial year 2007/2008 (01.04.2007 - 31.03.2008) the SDAX listed investment holding company GESCO AG has reached Group sales of € 333 million (previous year: € 268 million) and Group net income after minority interests of € 17.9 million (previous year: € 13.3 million) representing earnings per share according to IFRS of € 5.92 (previous year: € 4.83).  

For the new financial year 2008/2009 (01.04.2008-31.03.2009) the company expects a growth in sales of approx. 11 % to € 370 million and a growth in Group net income after minority interests of approx. 20 % to € 21.5 million which represents earnings per share according to IFRS of € 7.11.

The annual report for financial year 2007/2008 and the outlook for financial year 2008/2009 will be explained in the annual accounts press conference / analysts meeting on 26 June 2008.

The comprehensive press release and the annual report 2007/2008 will be available on www.gesco.de on 26 June 2008, 9.00 hrs.