Brief: Gesco Q1 net income down at 2.7 million euros

Gesco SE

15/08/2016 06:30

Aug 15 (Reuters) - Gesco AG  GSC1n.DE : 
    * Q1 net income after minority interest closed period at 2.7 
million euros ($3.01 million) (3.2 million euros year ago) 
    * Group expects FY sales and earnings to come in at lower 
end of ranges: sales of between 480 million and 490 million 
euros and group net income after minority interest of between 
13.5 million and 14.5 million euros 
    * At 122.5 million euros, incoming orders in Q1 may not have 
matched unusually high figure reported in Q1 of previous year 
(146.1 million euros), but they were up on last quarter of 
previous year (105.1 million euros) 
    * Group sales amounted to 113.6 million euros(previous 
year's period: 118.7 million euros) in Q1 
 
Source text for Eikon:  ID:nEQ9mPCDfa  
Further company coverage:  GSC1n.DE  
 
($1 = 0.8961 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))