Brief: Gesco FY Net Income After Minority Interest More Than Doubles

Gesco SE

30/05/2018 12:31

May 30 (Reuters) - Gesco AG  GSC1n.DE :
    * DGAP-NEWS: GESCO INCREASES EARNINGS SIGNIFICANTLY AND ANNOUNCES DIVIDEND INCREASE FROM EUR
0.35
TO EUR 0.60 PER SHARE
    * AT EUR 547.2 MILLION, FY GROUP SALES WERE A GOOD 13 % UP ON PREVIOUS YEAR'S FIGURE OF EUR
482.5
MILLION
    * EXPECTS SALES GROWTH AND STRONG, CLEARLY DISPROPORTIONATELY HIGH INCREASE IN EARNINGS FOR
2018/2019
    * SEES DIVIDEND OF EUR 0.60 PER SHARE FOR FINANCIAL YEAR 2017/2018
    * FY NET INCOME AFTER MINORITY INTEREST OF EUR 16.1 MILLION, MORE THAN DOUBLE PREVIOUS
YEAR'S
FIGURE OF EUR 7.9 MILLION

Source text for Eikon:  ID:nEQ2qQjJva 
Further company coverage:  GSC1n.DE 

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