GESCO SE Unveils Impressive 2024 Half-Year Report

• Subdued demand leads to decline in sales and earnings.
• No recovery in demand expected in the second half of the year.
• Increase in earnings expected in the second half of the year due to projects.
• Group sales expected to be €520 - 540 million and Group earnings after minority interest around €8 - 12 million for financial year 2024.
• Key financial figures for H1 2024: Sales €252,845 (-13.4%), EBITDA €15,678 (-50.5%), EBIT €6,568 (-71.2%), EBT €4,082 (-80.8%), Group earnings €2,019 (-85.9%), Earnings per share €0.19 (-85.6%).
• GESCO SE is an industrial group with market- and technology-leading companies in the capital goods industry, listed on the Prime Standard.

The next important date, Publication of the semi-annual financial report, at GESCO is on 13.08.2024.

The price of GESCO at the time of the news was 13,875EUR and was up +0,18 % compared with the previous day.
24 minutes after the article was published, the price was 13,850EUR this corresponds to a minus of -0,18 % since publication.

GESCO

-7,29 %

+7,28 %

+30,38 %

+26,97 %

-4,78 %

-30,53 %

+30,38 %

-34,02 %

-4,85 %

ISIN:DE000A1K0201WKN:A1K020

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