EANS-Adhoc: GESCO proposes record dividend of EUR 2.90 per share

  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.

Wuppertal, 25 May 2012 - GESCO Group generated record sales and earnings in
financial year 2011/2012 (1 April 2011 to 31 March 2012). According to the as
yet unapproved figures, Group sales soared by around 24 % to EUR 415.4 million
(previous year: EUR 335.2 million). Group net income after minority interest
rose even more steeply with at least 48 %, reaching EUR 22.6 million (EUR 15.3

These figures slightly exceed the last increased guidance from February 2012,
which forecast Group sales of EUR 410 million and Group net income after
minority interest of EUR 22 million. 

The dividend is also expected to hit a record level: based on the preliminary
figures, the Executive Board assumes a dividend proposal of EUR 2.90 per share.
This would correspond to a 45 % rise compared to the previous year's figure of
EUR 2.00 per share. 

The financial statements for 2011/2012 and the guidance for financial year
2012/2013 will be announced at the accounts press conference and analysts'
meeting on 28 June 2012.

Further inquiry note:
Oliver Vollbrecht
Leiter Investor Relations
T.: +49(0)202 24820 18

end of announcement                               euro adhoc 

issuer:      GESCO AG
             Johannisberg 7
             D-42103 Wuppertal
phone:       +49(0)202 24820 0
FAX:         +49(0)202 24820 49
sector:      Economy, Business & Finance
ISIN:        DE000A1K0201
indexes:     SDAX, Classic All Share, Prime All Share
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
             regulated dealing/prime standard: Frankfurt 
language:   English

Original-Content von: GESCO AG, übermittelt durch news aktuell

Weitere Meldungen: GESCO AG

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