euro adhoc: GESCO AG
Dividend Announcements/Distribution
GESCO´s third consecutive record year: Earnings per share of EUR 4.83, dividend proposal of EUR 1.50

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Wuppertal, 24 May 2007 - Based on the unaudited figures for financial year 2006/2007 ended on 31 March 2007, Prime Standard-listed holding company GESCO AG will exceed its forecast, which was last revised upwards in February 2007.

At EUR 268 million, Group sales are around 14.4% up on the previous year´s figure of EUR 234 million. Group net income after minority interests for the year rose by 42.8% to EUR 13.3 million (previous year: EUR 9.3 million) representing earnings per share of EUR 4.83 (previous year: EUR 3.54). The capital increase implemented in March 2007 increased the number of shares to 3,023,000 (bearer shares); based on this complete number of shares, Group net income for the year equates to earnings per share of EUR 4.40. These figures make 2006/2007 the third consecutive record year for the GESCO Group.

On the basis of the preliminary figures, the Executive Board assumes a proposed dividend of EUR 1.50 per share, which represents an increase of 20% compared with the previous year (EUR 1.25).

The financial statements for the 2006/2007 financial year and the forecast for financial year 2007/2008 will be presented at the accounts press conference on 28 June 2007.

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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:  Frankfurter Wertpapierbörse / official dealing/prime standard
              Börse Berlin-Bremen / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Bayerische Börse / free trade

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

Weitere Meldungen: GESCO AG

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