GESCO specifies sales and raises earnings forecast for financial year 2021Wuppertal, 18 November 2021 - Given the expectations for the remainder of the year, the Executive Board of GESCO AG ("GESCO") has specified the target range for sales and raised the target range for earnings for financial year 2021. The guidance for financial year 2021, whic [ … ]

GESCO AG plans merger into European company (SE) with dual management systemWuppertal, 13 October 2021 - The Executive Board and Supervisory Board of GESCO AG today resolved to transfer GESCO AG into a European company (Societas Europaea or SE), trading as GESCO SE, by way of a merger by acquisition according to Article 2 (1) of Council Regulation  [ … ]

GESCO raises sales and earnings forecast for financial year 2021Wuppertal, 17 August 2021 - In light of the positive performance of the companies of the GESCO Group in the first half of 2021 and the expectations for the rest of the year, the Executive Board of GESCO AG ("GESCO") has raised the target ranges for sales and earnings for financial year [ … ]

Wuppertal, 21 December 2020 - GESCO AG has concluded a contract today on the sale of a group of six subsidiaries. The acquirer is a fund of Evoco AG, Zurich, an investor specialised in the acquisition and development of medium-sized portfolios. Within the scope of the NEXT LEVEL strategy, GESCO closes the Mobility Technology segment and carries ou [ … ]

Wuppertal, 03.08.2020 - GESCO AG is currently preparing its half-year financial report for the current financial year 2020. According to preliminary figures, Group sales in this period amounted to € 237 million due to the comparatively strong first quarter and Group net income after minority interest before impairment losses was € -3.9 million. The [ … ]