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GESCO AG

euro adhoc: GESCO AG
Earnings Forecast
GESCO AG increases forecast for financial year 2004/2005

Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
09.02.2005
Wuppertal, 9 February 2005 - On the basis of the nine-month figures,
the Prime Standard-listed holding company GESCO AG is expecting to
exceed the target figures for financial year 2004/2005 (01 April 2004
to 31 March 2005) announced at the accounts press conference on 24
June 2004.
The target for sales was EUR 176 million. On the basis of current
figures, sales may amount to around EUR 190 million.
The target figure for Group net income for the year was EUR 4.8
million and earnings per share amounting to EUR 1.93. Based on the
information available now, Group net income may amount to
approximately EUR 5.4 million. This figure includes EUR 0.2 million
reduction of amortisation on goodwill due to changes in accounting
standards, which was not included in the targets. The expected
earnings per share amount to approximately EUR 2.16.
The interim report for the first nine months (1 April to 31 December
2004) will be published on 15 February 2005 and the financial
statements for 2004/2005 will be presented at the accounts press
conference on 28 June 2005.
end of announcement                    euro adhoc 09.02.2005 21:46:29 

Further inquiry note:

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

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

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