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GSC1 — Gesco SE News Story

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Brief: Gesco H1 EBIT down at 10.6 mln euros

Nov 14 (Reuters) - Gesco AG  GSC1n.DE : 
    * First half of the year negatively impacted by postponement 
of orders, outlook narrowed 
    * H1 EBIT stood at 10.6 million euros ($11.44 million)(16.0 
million euros yr ago), and group net income after minority 
interest came in at 4.8 million euros (7.9 million euros yr 
ago). 
    * H1 incoming orders amounted to 250.3 million euros 
(previous year's period: 258.1 million euros), and sales stood 
at  228.7 million euros (237.3 million euros) 
    * Confirms forecast for group sales for FY 
    * From today's perspective, group net income after minority 
interest of 13.5 million euros is no longer realistically 
attainable 
    * We now expect FY net income after minority interest to be 
between eur 11.5 million and eur 12.5 million says co 
 
 
Source text for Eikon:  ID:nEQ44zl5Y  
Further company coverage:  GSC1n.DE  
 
($1 = 0.9267 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 722 0920;))

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