Gesco AG

  • WKN: A1K020
  • ISIN: DE000A1K0201
  • Land: Deutschland

Nachricht vom 30.06.2021 | 16:47

GESCO Annual General Meeting: proposed resolutions approved by a large majority, outlook for 2021 specified at upper end of the range

DGAP-News: Gesco AG / Key word(s): AGM/EGM
30.06.2021 / 16:47
The issuer is solely responsible for the content of this announcement.

GESCO Annual General Meeting: proposed resolutions approved by a large majority, outlook for 2021 specified at upper end of the range

Wuppertal, 30 June 2021 - Today's virtual Annual General Meeting of GESCO AG accepted the proposals from the Executive Board and Supervisory Board and passed all items on the agenda by large majorities.

Approximately 53 % of share capital with voting rights was present at the meeting. The Annual General Meeting approved the actions of the members of the Executive Board and the Supervisory Board and voted in favour of both the appointment of a new auditor for the separate financial statements and consolidated financial statements and the conclusion of a profit and loss transfer agreement with a subsidiary. Furthermore, the Annual General Meeting also approved the remuneration system for the members of the Executive Board in accordance with the Act Implementing the Second Shareholders' Rights Directive (SRD II) as presented by the Supervisory Board.

As part of its reporting on the previous and current financial years, the Executive Board specified its outlook for 2021 as announced at the Annual Accounts Press and Analysts' Conference on 27 April 2021. The outlook anticipates Group sales of between € 445 million and € 465 million and Group net income for the year after minority interest of € 16.5 million to € 18.5 million, both before corporate transactions. GESCO had previously confirmed its outlook for 2021 when publishing its figures for the first quarter of 2021. The Executive Board emphasised that it would be standing by its forecast range, but specified the outlook at the upper end of the range.

Earnings contributions from the United MedTec Group, acquired on 15 June 2021, have not yet been included in the adjusted outlook. The United MedTec Group will make a positive operating contribution to the Group sales in 2021. Initial consolidation and related goodwill valuations will be completed by the time the half-year interim report for 2021 is published on 24 August 2021.

GESCO suspended its dividend payment due to the negative result for financial year 2020. Following the adjustments to the outlook for 2021, the Executive Board now expects to distribute a dividend for financial year 2021 that is in line with the established dividend policy in 2022.

"The successful transactions concluded over the past few months, as well as the Group's operating development in the first quarter of 2021, have given us momentum to generate profitable growth," says Ralph Rumberg, CEO of GESCO AG. "We are focused on expanding the Group while keeping an eye on our subsidiaries' materials supplies at the same time. We have been proactive in this area and have so far been largely able to avoid any delivery problems. Our expectations are for a positive 2021, as we play close attention to the current economic and supply situations and continue to pursue our NEXT LEVEL strategy with the backing of our strong team."

An overview of the voting results and the speech given by CEO Ralph Rumberg will be available shortly on the GESCO website at

GESCO AG is an industrial group made up of market and technology leading companies in the capital goods industry with a focus on production process technology, resource technology, as well as healthcare and infrastructure technology. As a stock company listed in the Prime Standard, GESCO AG offers private and institutional investors access to a portfolio of hidden champions among Germany's industrial SMEs.

Julia Pschribülla
Head of Investor Relations & Communications
Tel +49 (0) 202 24820-18
Fax +49 (0) 202 24820-49
E-mail: * *

30.06.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at

show this

IPO im Fokus


ISIN: DE000A3CM708
Grundkapital (vor IPO): 3.120.000 EUR
Angebotene Aktien: bis zu 690.000 Aktien
Zeichnungsfrist: 11.10.2021 bis voraus. 25.10.2021
Bookbuildingspanne: 3,30 bis 3,60 Euro
Börse: Börse Düsseldorf

Rechtlich maßgeblicher Wertpapierprospekt auf

Event im Fokus

Termine 2021

10. Juni 2021:Fachkonferenz Immobilien

14./15. Juli 2021: Fachkonferenzen Beteiligungsgesellschaften & Consumer/Leisure

13./14. Oktober 2021: Fachkonferenzen Finanzdienstleistungen/Technologie

10./11. November 2021: Fachkonferenzen Software/IT & Branchenmix

„Je nach aktueller Covid-19 Situation und den bestehenden Vorschriften für Versammlungen entscheidet sich ca. 5 Wochen vor dem Termin, in welcher Form die Konferenzen stattfinden.“

GBC im Fokus

Börsengang sdm SE: Attraktives Investment

Der Sicherheitsdienstleister sdm SE führt derzeit einen Börsengang am Primärmarkt der Börse Düsseldorf durch. Die Mittel des Börsengangs sollen die Wachstumsstrategie finanzieren und die Ertragskraft deutlich steigern. Im Rahmen unseres DCF-Bewertungsmodells haben wir einen fairen Unternehmenswert (Post Money) zum Ende des Geschäftsjahres 2022 in Höhe von 15,23 Mio. € bzw. 4,09 € je sdm-Aktie ermittelt. Unter einem Preis von 3,50 € pro Aktie sehen wir sdm als ein attraktives Investment und stufen die Aktie mit dem Rating „Kaufen“ ein.

News im Fokus

Linde Starts Up Major New Hydrogen Facility in the U.S. Gulf Coast

21. Oktober 2021, 12:00

Aktueller Webcast


Pressekonferenz – Zwischenmitteilung 9M 2021 - Webcast

28. Oktober 2021

Aktuelle Research-Studie

Aves One AG

Original-Research: Aves One AG (von GBC AG): Halten

21. Oktober 2021