on GESCO AG (ETR:GSC1)
GESCO SE Revises 2025 Forecast Amid Challenging Market Conditions
GESCO SE has announced a downward revision of its sales and earnings forecast for the 2025 financial year. According to the update, the group's sales and earnings, initially projected to range between €485 to €515 million and €13 to €17 million after minority interests, have now been adjusted to €480 to €500 million and €9 to €12 million, respectively.
The revision comes despite Q3 results aligning with plan, showing €364.7 million in sales and earnings of €8.3 million. The adjustment reflects continued customer hesitance and project delays impacting Q4 performance. Lower-than-expected order intake and potential deferrals of customer acceptance to January have contributed to this outlook.
R. H.
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