Bloomberg News

Gesco Raises Forecast for Profit, Sales for 2011/2012

By Allison Connolly
November 09, 2011

(Corrects time period for forecast in headline and first paragraph.)

Nov. 9 (Bloomberg) -- Gesco AG raised its forecast for the 2011/2012 fiscal full year and now expects sales of 400 million euros ($542 million) and net income after minority interest of 21 million euros.

Previously the company said it expected sales of 390 million euros and net income of 19 million euros.

Link to Statement:NSN LUEQQP3PR6RL <GO>

--Editor: Ben Livesey

To contact the reporter on this story: Allison Connolly in Frankfurt at aconnolly4@bloomberg.net

To contact the editor responsible for this story: Allison Connolly at aconnolly4@bloomberg.net

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