Gesco AG / Key word(s): Dividend/Preliminary Results
25.05.2016 13:32
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Wuppertal, 25 May 2016 - According to unaudited figures, GESCO Group
increased group sales by a good 9 % to approximately EUR 494 million in
financial year 2015/2016 (1 April 2015 to 31 March 2016), following Group
sales of EUR 451 million in the previous year. Group net income after
minority interest climbed by 30 % to approximately EUR 16.1 million
(previous year: EUR 12.4 million). These figures correspond to the guidance
that was most recently increased in February 2016.
Based on these preliminary figures, the Executive Board expects a dividend
proposal of EUR 2.00 per share; EUR 1.75 per share had been distributed in
the previous year.
The company expects sales to remain more or less unchanged in financial
year 2016/2017 (1 April 2016 to 31 March 2017). As things stand, Group net
income after minority interest is likely to be down approximately 10 % year
on year.
The company will be publishing the financial statements for financial year
2015/2016 as well as a definite outlook for the new financial year
2016/2017 at the annual accounts press conference on 30 June 2016.
Investor Relations * Oliver Vollbrecht
Phone +49 202 24820-18 * Fax: +49 202 24820-49
Email: info@gesco.de * Website: www.gesco.de
25.05.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap.de
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Language: English
Company: Gesco AG
Johannisberg 7
42103 Wuppertal
Germany
Phone: +49 (0)202 248200
Fax: +49 (0)202 2482049
E-mail: gesco@gesco.de
Internet: www.gesco.de
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
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