euro adhoc: GESCO AG
Earnings Forecast
GESCO AG: audited figures 2007/2008
and outlook 2008/2009
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
26.06.2008
Wuppertal, 26 June 2008 - In financial year 2007/2008 (01.04.2007 - 31.03.2008) the SDAX listed investment holding company GESCO AG has reached Group sales of EUR 333 million (previous year: EUR 268 million) and Group net income after minority interests of EUR 17.9 million (previous year: EUR 13.3 million) representing earnings per share according to IFRS of EUR 5.92 (previous year: EUR 4.83).
For the new financial year 2008/2009 (01.04.2008-31.03.2009) the company expects a growth in sales of approx. 11 % to EUR 370 million and a growth in Group net income after minority interests of approx. 20 % to EUR 21.5 million which represents earnings per share according to IFRS of EUR 7.11.
The annual report for financial year 2007/2008 and the outlook for financial year 2008/2009 will be explained in the annual accounts press conference / analysts meeting on 26 June 2008.
The comprehensive press release and the annual report 2007/2008 will be available on www.gesco.de on 26 June 2008, 9.00 hrs.
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: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade