Brief: Gesco AG Outlook For Abbreviated Financial Year 2019

Gesco SE

26/08/2019 21:08

Aug 26 (Reuters) - Gesco AG  GSC1n.DE :
    * DGAP-ADHOC: GESCO AG: OUTLOOK FOR ABBREVIATED FINANCIAL
YEAR
2019
    * AGM ON AUG 29 TO VOTE ON CHANGING CO'S FINANCIAL YEAR,
WHICH SO
FAR RUN FROM 1 APRIL TO 31 MARCH OF FOLLOWING YEAR, TO CALENDAR
YEAR
    * WITH APPROVAL OF ANNUAL GENERAL MEETING, 2019 WILL BE AN
ABBREVIATED FINANCIAL YEAR
    * FOR ABBREVIATED FY2019 CO EXPECTS GROUP SALES IN MIDDLE OF
EUR
435 MILLION TO EUR 455 MILLION RANGE
    * NOW DECIDED TO INCLUDE ONLY NINE MONTHS OF ACTIVITY AT
SUBSIDIARIES IN ABBREVIATED FINANCIAL YEAR 2019
    * FOR ABBREVIATED FINANCIAL YEAR 2019 EXPECTS GROUP NET
INCOME
AFTER MINORITY INTEREST AT LOWER END OF EUR 16 MILLION TO EUR 18
MILLION RANGE
    * FROM FINANCIAL YEAR 2020, FINANCIAL YEARS AT BOTH GESCO AG
AND
SUBSIDIARIES WILL CORRESPOND TO CALENDAR YEAR

Source text for Eikon:  ID:nEQ7cJLmPa 
Further company coverage:  GSC1n.DE 

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