GESCO Annual General Meeting approves record dividends


Wuppertal, 21 August 2008 – Today’s Annual General Meeting of the SDAX listed investment holding company GESCO AG passed a dividend of € 2.42 per share for the financial year 2007/2008 (1 Apr. 2007 to 31 Mar. 2008). The dividend consists of a basic dividend of € 2.20 and a ten percent bonus of € 0.22 to mark the ten year anniversary of the company’s IPO. This is the highest dividend in company history. Last year the dividend amounted to € 1.50 per share.   Executive Board members Dr. Hans-Gert Mayrose and Robert Spartmann reported on the record breaking financial year 2007/2008, both in sales and earnings, to about 550 shareholders and guests who came to the historic convention centre in Wuppertal. The company is also optimistic for the new financial year 2008/2009. The Executive Board explained the details of the Q1 report published on 14 August 2008 and confirmed its guidance for the full year, which is again assuming a considerable increase in sales and earnings. A vote was held on all items on the agenda for the purpose of administration.


GESCO AG is the parent company of a group of small and medium-sized companies in the field of industrial base Technologies. GESCO acquires successful niche providers, generally as part of succession arrangements, in order to retain and further develop these long term. As an SDAX listed company GESCO AG offers private and institutional investors access to SMEs.

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Oliver Vollbrecht
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