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GESCO AG

euro adhoc: GESCO AG
Earnings Forecast
GESCO AG increases financial forecast: earnings per share of EUR 3.24

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
02.12.2005
Wuppertal, 2 December 2005 - At some GESCO Group companies, several
large orders from customers have been brought forward to the current
financial year. On aggregate, these have made a further increase
necessary in the forecast for financial year 2005/2006
(01.04.2005-31.03.2006).
During the accounts press conference on 28 June 2005, GESCO announced
a forecast which included a sales figure of EUR 205 million (previous
year: EUR 192 million) and Group net income for the year of EUR 6.6
million (previous year: EUR 6.2 million). On 8 November 2005, this
original forecast was increased to sales of approx. EUR 225 million
and Group net income for the year of EUR 7.8 million.
Given the change in the order situation and the current favourable
performance, we estimate sales of approx. EUR 229 million and Group
net income for the year of around 8.9 million. Based on the total
number of shares (2,749,000), this represents earnings per share of
EUR 3.24.
end of announcement                               euro adhoc 02.12.2005 10:48:39

Further inquiry note:

Oliver Vollbrecht
Leiter Investor Relations
T.: +49(0)202 24820 18
info@gesco.de

Branche: Economy, Business & Finance
ISIN: DE0005875900
WKN: 587590
Index: CDAX, Classic All Share, Prime All Share
Börsen: Baden-Württembergische Wertpapierbörse / regulated dealing
Frankfurter Wertpapierbörse / official dealing/prime standard
Berliner Wertpapierbörse / free trade
Hamburger Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade
Bremer Wertpapierbörse (BWB) / free trade

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