EANS-Adhoc: GESCO proposes record dividend of EUR 2.90 per share

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.


Wuppertal, 25 May 2012 - GESCO Group generated record sales and earnings in financial year 2011/2012 (1 April 2011 to 31 March 2012). According to the as yet unapproved figures, Group sales soared by around 24 % to EUR 415.4 million (previous year: EUR 335.2 million). Group net income after minority interest rose even more steeply with at least 48 %, reaching EUR 22.6 million (EUR 15.3 million).

These figures slightly exceed the last increased guidance from February 2012, which forecast Group sales of EUR 410 million and Group net income after minority interest of EUR 22 million.

The dividend is also expected to hit a record level: based on the preliminary figures, the Executive Board assumes a dividend proposal of EUR 2.90 per share. This would correspond to a 45 % rise compared to the previous year's figure of EUR 2.00 per share.

The financial statements for 2011/2012 and the guidance for financial year 2012/2013 will be announced at the accounts press conference and analysts' meeting on 28 June 2012.

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: DE000A1K0201
indexes: SDAX, Classic All Share, Prime All Share
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart, regulated dealing/prime standard: Frankfurt
language: English

Rückfragen & Kontakt:

Oliver Vollbrecht
Leiter Investor Relations
T.: +49(0)202 24820 18