EANS-Adhoc: GESCO increases guidance to earnings per share of EUR 6.95
-------------------------------------------------------------------------------- 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. -------------------------------------------------------------------------------- 09.11.2011 Wuppertal, 9 November 2011 - In the first half (1 Apr. to 30 Sep. 2011) of the current financial year 2011/2012, GESCO Group recorded strong incoming order and sales growth as well as a way above-average rise in key earnings figures. Business in the third quarter also remained at a high level and order backlog stood at a record high at its end. In addition, a positive one-off effect of around EUR 0.7 million resulting from two legal disputes will be recognised in the third quarter. GESCO AG is increasing its guidance in view of these developments. The company now expects Group sales of approximately EUR 400 million (previously: EUR 390 million), Group net income after minority interest of roughly EUR 21 million (previously: EUR 19 million) and earnings per share pursuant to IFRS of EUR 6.95 (previously: EUR 6.29). The complete Interim Report 2011/2012 will be published on 15 November 2011. GESCO AG Investor Relations, Oliver Vollbrecht Phone: +49 (0)202 24820 18 Fax: +49 (0)202 24820 49 E-mail: info@gesco.de Internet: www.gesco.de Further inquiry note: Oliver Vollbrecht Leiter Investor Relations T.: +49(0)202 24820 18 info@gesco.de 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 mail: info@gesco.de WWW: http://www.gesco.de sector: Economy, Business & Finance ISIN: DE0005875900 indexes: SDAX, Classic All Share, Prime All Share stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin, Hamburg, Stuttgart, Düsseldorf, München language: English
Original-Content von: GESCO AG, übermittelt durch news aktuell