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
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
24.05.2007
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.
end of announcement euro adhoc 24.05.2007 20:01:21
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: 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 of: GESCO AG, transmitted by news aktuell