Detail akcie GESCO N online

Business Summary: Gesco AG is a Germany-based investment company that acquires industrial small and medium-sized enterprises (SMEs). The Company focuses on production process technology, resource technology, health and infrastructure technology, as well as mobility technology, and operates as a long-term investor. It manages takeovers both through management buy-outs (MBOs) and management buy-ins (MBI), and also through group spin-offs. The Company operates in Germany and its subsidiaries include, among others, Astroplast Kunststofftechnick Gmbh & Co KG, Franz Funke Zerspanungstechnik GmbH & Co KG, Doemer GmbH & Co KG Stanz- und Umformtechnologie, Doerrenberg Edelstahl GmbH, MAE Group, SVT GmbH, Frank Group and Setter Group.
Financial Summary: BRIEF: For the nine months ended 30 September 2023, Gesco SE revenues decreased 1% to EUR430.7M. Net income decreased 31% to EUR19.6M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Personnel expenses increase of 4% to EUR95.4M (expense), Interest and similar expenses increase from EUR1.6M to EUR3.2M (expense).