Report

GESCO AG : Earnings guidance confirmed, reduced TP still indicates significant upside

>Q3: Sales higher than expected, earnings slightly below our estimates - On 14 November 2018 GESCO reported Q3 preliminary sales of c.€ 143m (c.+2.4% yoy) and order intake of c.€ 143.0m (c.+8.6% yoy) for its operating subsidiaries (1 July – 30 Sep.), which are included in GESCO’s Q3 2018-19 report (1 Oct. - 31 Dec.) on the group level. Today, GESCO reported final Q3 2018-19 sales of € 144.7m (+3.6% yoy; organic growth: +6.7% excluding Protomaster in the previous ...
Underlying
GESCO AG

Gesco is a holding company. Co.through its subsidiaries is engaged in the strategic investment in small and medium-sized industrial companies. Co. provides financial and consulting services for its subsidiaries. Co. focuses its investment activities on companies engaged in tool manufacture, mechanical engineering and plastics production segments in Germany.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch