DGAP-Ad hoc: Gesco AG

DGAP-Adhoc: Gesco AG raises earnings guidance for financial year 2015/2016

Gesco AG / Key word(s): Change in Forecast

11.02.2016 14:06

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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Wuppertal, 11 February 2016 - In the first nine months (1 April to 31 December 2015) of the financial year 2015/2016, GESCO Group generated growth in incoming orders and sales and recorded a disproportionately high rise in key earnings figures.

GESCO AG has adjusted its full-year guidance in the wake of this positive performance. GESCO Group's most recently published guidance forecast Group sales of between EUR 480 million and EUR 490 million. Now the company expects sales to come in at the upper end of that range. The guidance also put Group net income after minority interest at, or just over, EUR 14 million. Based on the information available at the current time, the company now expects this figure to come in at around EUR 16 million.

The full quarterly statement for the first nine months of financial year 2015/2016 will be published on 15 February 2016.

Investor Relations, Oliver Vollbrecht Phone +49 202 24820-18, Fax: +49 202 24820-49 Email: info@gesco.de, Website: www.gesco.de



11.02.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

--------------------------------------------------------------------------- Language: English Company: Gesco AG Johannisberg 7 42103 Wuppertal Germany Phone: +49 (0)202 248200 Fax: +49 (0)202 2482049 E-mail: gesco@gesco.de Internet: www.gesco.de ISIN: DE000A1K0201 WKN: A1K020 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------