EANS-Adhoc: GESCO increases guidance and expects earnings per share of EUR 4.13
-------------------------------------------------------------------------------- ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------------
10.11.2010
Wuppertal, 10 November 2010 - GESCO AG is increasing its full year guidance for financial year 2010/2011 (1 April 2010 to 31 March 2011) in response to a successful first half of the year and continuing dynamic developments in the third quarter.
At the accounts press conference in June 2010, the Company forecast Group sales between EUR 290 million and EUR 320 million and Group net income after minority interest between EUR 9 million and EUR 11 million, corresponding to earnings per share pursuant to IFRS between EUR 2.98 and EUR 3.64.
It now expects Group sales of around EUR 325 million, Group net income after minority interest of approximately EUR 12.5 million and earnings per share pursuant to IFRS of EUR 4.13.
The complete half-year interim report for the current financial year 2010/2011 will be published on 15 November 2010.
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
Oliver Vollbrecht
Leiter Investor Relations
T.: +49(0)202 24820 18
info@gesco.de
Branche: Economy, Business & Finance
ISIN: DE0005875900
WKN: 587590
Index: SDAX, Classic All Share, Prime All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade
Original content of: GESCO AG, transmitted by news aktuell