GESCO AG raises targets for financial year 2007/2008 again


Wuppertal, 6 November 2007 – Prime Standard-listed holding company, GESCO AG, is again raising its guidance for the full financial year 2007/2008 (1 April 2007 – 31 March 2008) against the already increased figures issued on 7 August 2007.

The sales forecast has been increased from EUR 320 million to EUR 327 million (previous year: EUR 268 million). The forecast for Group net income for the year after third-party interest has risen from EUR 15.4 million to EUR 17.5 million (previous year: EUR 13.3 million). The projection for earnings per share under IFRS has grown from EUR 5.09 to EUR 5.79 (previous year: EUR 4.83).

Further information on the company outlook is contained in the report for the first half year (01.04.-30.09.2007) of the financial year 2007/2008, which will be published on 12 November 2007.