EANS-Adhoc: GESCO increases guidance again and predicts higher dividends

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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.
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08.02.2011

Wuppertal, 8 February 2011 - Dynamic developments experienced by GESCO Group in
the first half of the year continued in the third and fourth quarters. Based on
this trend, GESCO AG once again increases its guidance for the 2010/2011
financial year (1 April 2010 to 31 March 2011). The forecast was raised in
November 2010, calling for Group sales of EUR 325 million and Group net income
after minority interest of EUR 12.5 million with earnings per share according to
IFRS of EUR 4.13.

Now the company expects Group sales of approximately EUR 334 million, which
corresponds to an increase of 20 % compared to EUR 277.7 million for the
previous year. Group net income after minority interest is expected to total EUR
15 million, which is 69 % higher than the value of EUR 8.9 million for the
previous year. The outlook for earnings per share according to IFRS is raised to
EUR 4.96 (previous year EUR 2.95).

Based on this forecast, the company expects to pay significantly higher
dividends, compared to EUR 1.30 per share for the previous year.

The complete nine-month report for the current 2010/2011 financial year will be
published on 15 February 2011.

GESCO AG
Investor Relations
Oliver Vollbrecht
Phone: +49 202 24820 18
Fax +49 202 24820 49
Email: [email protected]
Website: www.gesco.de

Further inquiry note:
Oliver Vollbrecht
Leiter Investor Relations
T.: +49(0)202 24820 18
[email protected]
end of announcement euro adhoc
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issuer:      GESCO AG
             Johannisberg 7
             D-42103 Wuppertal
phone:       +49(0)202 24820 0
FAX:         +49(0)202 24820 49
mail:        [email protected]
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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