GESCO AG raises earnings guidance for financial year 2015/2016

Gesco AG  / Key word(s): Change in Forecast

11.02.2016 14:06

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Wuppertal, 11 February 2016 - In the first nine months (1 April to 31
December 2015) of the financial year 2015/2016, GESCO Group generated
growth in incoming orders and sales and recorded a disproportionately high
rise in key earnings figures.

GESCO AG has adjusted its full-year guidance in the wake of this positive
performance. GESCO Group's most recently published guidance forecast Group
sales of between EUR 480 million and EUR 490 million. Now the company
expects sales to come in at the upper end of that range. The guidance also
put Group net income after minority interest at, or just over, EUR 14
million. Based on the information available at the current time, the
company now expects this figure to come in at around EUR 16 million.

The full quarterly statement for the first nine months of financial year
2015/2016 will be published on 15 February 2016.

Investor Relations, Oliver Vollbrecht 
Phone +49 202 24820-18,  Fax: +49 202 24820-49 
Email:, Website: 


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Language:     English
Company:      Gesco AG
              Johannisberg 7
              42103 Wuppertal
Phone:        +49 (0)202 248200
Fax:          +49 (0)202 2482049
ISIN:         DE000A1K0201
WKN:          A1K020  
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
              Munich, Stuttgart
End of Announcement                             DGAP News-Service