Brief: Gesco 9M EBIT Up At EUR 27.8 Mln

Gesco SE

19/11/2021 06:18

Nov 19 (Reuters) - GESCO AG  GSC1n.DE :
    * CONTINUED GROWTH IN THE THIRD QUARTER - EARNINGS FORECAST 
RAISED AGAIN
    * SALES FORECAST SPECIFIED UPWARD
    * INCOMING ORDERS FOR GESCO GROUP TOTALLED EUR 421.0 MILLION
IN
FIRST NINE MONTHS OF 2021, 43.3% HIGHER THAN PREVIOUS YEAR'S
FIGURE
    * 9-MONTH GROUP SALES EXCEEDED LEVEL OF PREVIOUS YEAR'S
REPORTING
PERIOD BY 19.2% (9M 2020-C: EUR 294.4 MILLION)
    * AT EUR 27.8 MILLION, EBIT IN FIRST NINE MONTHS OF 2021 WAS
NEARLY TRIPLE AMOUNT SEEN IN WEAK COMPARABLE PERIOD OF PREVIOUS
YEAR (9M 2020-C: EUR 10.0 MILLION).
    * 9-MONTH NET INCOME FOR YEAR AFTER MINORITY INTEREST STOOD
AT EUR
15.2 MILLION IN FIRST NINE MONTHS OF 2021 (9M 2020-C: EUR 4.5
MILLION)

Source text for Eikon:  ID:nEQb7YXfJa 
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