EANS-Adhoc: GESCO increases guidance and expects earnings per share of EUR 4.13

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, 10 November 2010 - GESCO AG is increasing its full year guidance for financial year 2010/2011 (1 April 2010 to 31 March 2011) in response to a successful first half of the year and continuing dynamic developments in the third quarter.

At the accounts press conference in June 2010, the Company forecast Group sales between EUR 290 million and EUR 320 million and Group net income after minority interest between EUR 9 million and EUR 11 million, corresponding to earnings per share pursuant to IFRS between EUR 2.98 and EUR 3.64.

It now expects Group sales of around EUR 325 million, Group net income after minority interest of approximately EUR 12.5 million and earnings per share pursuant to IFRS of EUR 4.13.

The complete half-year interim report for the current financial year 2010/2011 will be published on 15 November 2010.

end of announcement euro adhoc

issuer: GESCO AG Döppersberg 19 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

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