EQS-News: GESCO SE publishes half-year report 2024
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EQS-News: GESCO SE
/ Key word(s): Half Year Report/Half Year Results
Prime Standard-listed GESCO SE, an industrial group of medium-sized market and technology leaders, published its half-year report 2024 today. The economic upturn expected at the beginning of the year for the second half of the year continues to be delayed. The recent deterioration in sentiment indicators and the renewed decline in incoming orders and production show a continuing weakness in German industry. The mechanical engineering sector is currently experiencing an even worse development. While a decline of 3% is expected for the EU as a whole in the current year, mechanical engineering in Germany is expected to fall by as much as 4%. GESCO Group was unable to escape this persistently weak economic development in Germany and Europe, with noticeably subdued demand in the first half of the year. As in the first quarter, incoming orders at GESCO Group exceeded sales in the second quarter and, for the first time in some time, were higher than in the same quarter of the previous year. In conjunction with the usual delivery of some mechanical engineering projects at the end of the second half of the year, GESCO anticipates an increase in earnings in the second half of the year. However, the overall economic development of GESCO Group prompted the Executive Board to adjust its forecast for the current financial year at the end of July and reduce its sales and earnings expectations. Group sales of € 520 - 540 million and Group earnings after minority interest of around € 8 - 12 million are expected for financial year 2024 as a whole. The full 2024 half-year report is available at www.gesco.de/investor-relations/finanzberichte
1) After minority interests2) XETRA closing price on the balance sheet date3) Number on the balance sheet date
About GESCO: GESCO SE is an industrial group with market- and technology-leading companies in the capital goods industry specialising in process, resource, healthcare and infrastructure technology. As a Prime Standard-listed company, GESCO SE gives private and institutional investors access to a portfolio of hidden champions in the industrial SME sector.
Contact: Peter Alex
13.08.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | GESCO SE |
| Johannisberg 7 | |
| 42103 Wuppertal | |
| Germany | |
| Phone: | +49 (0)202 24820 18 |
| Fax: | +49 (0)202 2482049 |
| E-mail: | ir@gesco.de |
| Internet: | www.gesco.de |
| ISIN: | DE000A1K0201 |
| WKN: | A1K020 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1966233 |
| End of News | EQS News Service |
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1966233 13.08.2024 CET/CEST
Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.
| The most important financial data at a glance | ||||||||
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | 2025e | ||
| Sales1 | 439,62 | 397,23 | 488,05 | 582,27 | 560,72 | 530,00 | 0,00 | |
| EBITDA1,2 | 44,04 | 33,36 | 62,19 | 67,74 | 59,04 | 61,50 | 0,00 | |
| EBITDA-Margin3 | 10,02 | 8,40 | 12,74 | 11,63 | 10,53 | 11,60 | 0,00 | |
| EBIT1,4 | 23,47 | 16,69 | 44,57 | 49,43 | 35,84 | 38,00 | 0,00 | |
| EBIT-Margin5 | 5,34 | 4,20 | 9,13 | 8,49 | 6,39 | 7,17 | 0,00 | |
| Net Profit (Loss)1 | 13,73 | -15,98 | 29,46 | 36,26 | 22,14 | 11,00 | 0,00 | |
| Net-Margin6 | 3,12 | -4,02 | 6,04 | 6,23 | 3,95 | 2,08 | 0,00 | |
| Cashflow1,7 | 38,55 | 59,65 | 51,70 | 10,69 | 31,18 | 0,00 | 0,00 | |
| Earnings per share8 | 1,14 | -1,53 | 2,48 | 3,12 | 1,93 | 1,05 | 1,70 | |
| Dividend per share8 | 0,23 | 0,00 | 0,98 | 1,00 | 0,40 | 0,50 | 0,70 | |
1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de
Auditor: Forvis Mazars
All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.
| INVESTOR-INFORMATION | ||||||
| ©boersengefluester.de | ||||||
| Gesco | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| A1K020 | DE000A1K0201 | SE | 144,17 Mio € | 24.03.1998 | Kaufen | 9F39743W+J7 |
| PE 2026e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 6,86 | 13,74 | 0,50 | 8,48 | 0,54 | 4,48 | 0,26 |
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Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
| 1,00 | 0,40 | 0,50 | 3,76% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 25.06.2025 | 09.05.2025 | 13.08.2025 | 12.11.2024 | 29.04.2025 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| -2,80% | -14,07% | +0,76% | -27,12% | +147,21% |
Founded in 2013 by Gereon Kruse, the financial portal boersengefluester.de is all about German shares - with a clear focus on second-line stocks. In addition to traditional editorial articles, the site stands out in particular thanks to a large number of self-developed analysis tools. All tools are based on a completely self-maintained database for more than 650 shares. As a result, boersengefluester.de produces Germany's largest profit and dividend forecast.
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