par GFT Technologies AG (isin : DE0005800601)
EQS-Adhoc: GFT Technologies SE announces outlook for financial year 2024
EQS-Ad-hoc: GFT Technologies SE / Key word(s): Forecast
GFT Technologies SE announces outlook for financial year 2024
07-March-2024 / 07:31 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
GFT Technologies SE announces outlook for financial year 2024
Stuttgart, 7 March 2024: Following the completion of planning, GFT Technologies SE (GFT) announces its outlook for the financial year 2024. Accordingly, GFT expects revenue growth of 15% to € 920 million and an increase in adjusted EBIT of 16% to € 85 million. EBT is forecasted to increase by 6% to € 72 million. All forecast figures include the contributions from the acquisition of Sophos Solutions S.A.S., which was completed in February.
The outlook for revenues and adjusted EBIT is in line with market expectations. The forecast for EBT includes acquisition-related effects from the Sophos takeover totalling € 9.5 million and is therefore below market expectations despite an increase compared to the previous year.
According to preliminary calculations, GFT achieved revenue growth of 10% to € 801.74 million in the financial year 2023 (2022: € 730.14 million) and an increase in adjusted EBIT of 9% to € 73.33 million (€ 67.48 million). EBT improved by 3% to € 68.0 million (€ 66.05 million) despite burdens from special effects.
Explanations of the key financial figures used in this ad hoc announcement (EBT and adjusted EBIT) can be found on the GFT website at www.gft.com/key-performance-measures.
Contact:
Andreas Herzog
Head of Investor Relations & CSR Compliance
GFT Technologies SE
Schelmenwasenstraße 34
70567 Stuttgart
T +49 711 62042-383
Andreas.Herzog@gft.com
www.gft.com
End of Inside Information
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| Language: | English |
| Company: | GFT Technologies SE |
| Schelmenwasenstraße 34 | |
| 70567 Stuttgart | |
| Germany | |
| Phone: | +49 (0)711/62042-0 |
| Fax: | +49 (0)711/62042-301 |
| E-mail: | ir@gft.com |
| Internet: | www.gft.com |
| ISIN: | DE0005800601 |
| WKN: | 580060 |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1853205 |
| End of Announcement | EQS News Service |
1853205 07-March-2024 CET/CEST