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GSC1 — Gesco SE News Story

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Brief: Gesco sees 2015/16 net income 12.5 mln EUR to 14 mln EUR

June 25 (Reuters) - Gesco Ag  GSC1n.DE  
    * Says expects group net income after minority interest to 
be between approximately eur 12.5 million and eur 14.0 million. 
    * Sales in q1 amounted to approximately eur 119 million 
    * Order backlog amounted to approximately eur 208 million at 
end of operating q1 
    * gesco: financial year 2014/2015 significantly burdened 
    * Says sees slight improvement in financial year 2015/2016 
    * Says will propose a dividend payment of eur 1.75 per share 
at annual general meeting 
    * Says for fy 2015/2016 company anticipates sales growth of 
approximately eur 480 million to eur 490 million 
    * Says xpect to see improvement in 2015/2016, but will not 
yet reach earnings potential achieved in previous years 
    * Says q1 incoming orders increased considerably from eur 
127 million to approximately eur 146 million. 
 
Source text for Eikon:  ID:  
Further company coverage:  GSC1n.DE  
 
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