euro adhoc: GESCO AG
Earnings Forecast
GESCO AG increases financial forecast: earnings per share of EUR 3.24

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Wuppertal, 2 December 2005 - At some GESCO Group companies, several large orders from customers have been brought forward to the current financial year. On aggregate, these have made a further increase necessary in the forecast for financial year 2005/2006 (01.04.2005-31.03.2006).

During the accounts press conference on 28 June 2005, GESCO announced a forecast which included a sales figure of EUR 205 million (previous year: EUR 192 million) and Group net income for the year of EUR 6.6 million (previous year: EUR 6.2 million). On 8 November 2005, this original forecast was increased to sales of approx. EUR 225 million and Group net income for the year of EUR 7.8 million.

Given the change in the order situation and the current favourable performance, we estimate sales of approx. EUR 229 million and Group net income for the year of around 8.9 million. Based on the total number of shares (2,749,000), this represents earnings per share of EUR 3.24.

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

Branche: Economy, Business & Finance
ISIN:      DE0005875900
WKN:        587590
Index:    CDAX, Classic All Share, Prime All Share
Börsen:  Baden-Württembergische Wertpapierbörse / regulated dealing
              Frankfurter Wertpapierbörse / official dealing/prime standard
              Berliner Wertpapierbörse / free trade
              Hamburger Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Bayerische Börse / free trade
              Bremer Wertpapierbörse (BWB) / free trade

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

Weitere Meldungen: GESCO AG

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