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GFT Technologies SE (GFTG.DE)

GFTG.DE on Xetra

12.49EUR
14 Dec 2017
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Latest Key Developments (Source: Significant Developments)

GFT Technologies 9M EBITDA declines
Thursday, 9 Nov 2017 01:05am EST 

Nov 9 (Reuters) - GFT Technologies SE :Says ‍revenue of 316.52 million euros in first nine months slightly up on previous year (9M/2016: 314.28 million euros)​.Says ‍consolidated EBITDA of 29.10 million euros burdened by special items (9M/2016: 34.00 million euros)​.  Full Article

GFT Technologies lowers guidance for 2017
Tuesday, 24 Oct 2017 04:21am EDT 

Oct 24 (Reuters) - GFT TECHNOLOGIES SE ::DGAP-ADHOC: GFT TECHNOLOGIES SE: GFT TECHNOLOGIES SE LAUNCHES INDUSTRIAL CLIENT DRIVE AND LOWERS GUIDANCE FOR 2017.9M PRELIMINARY EBITDA 29.1 MILLION EUR VERSUS 34 MILLION EUR YEAR AGO.9M REVENUE 316.5 MILLION EUR VERSUS 314.3 MILLION EUR YEAR AGO.‍STILL PLANS TO REACH ITS MEDIUM-TERM GUIDANCE WITH REVENUE GROWTH TO EUR 800.00 MILLION IN 2022​.‍STILL PLANS TO REACH ITS MEDIUM-TERM GUIDANCE WITH EBITDA MARGIN OF AROUND 12 PERCENT IN 2022​.‍IS NOW PLANNING TO GENERATE EBITDA OF EUR 34.00 MILLION IN 2017​.‍FY GUIDANCE FOR PRE-TAX EARNINGS (EBT) HAS BEEN DOWNGRADED FROM EUR 26.00 MILLION TO EUR 18.00 MILLION​.‍LOWERING ITS REVENUE GUIDANCE FOR 2017 AS A WHOLE BY EUR 10.00 MILLION TO EUR 415.00 MILLION​.‍EXPECTS THAT EBITDA IN 2018 WILL INCREASE TO EUR 39.00 MILLION​.‍EXPECTS EBT TO INCREASE IN 2018 TO EUR 25.00 MILLION DUE TO LACK OF NEGATIVE SPECIAL ITEMS​.‍ANTICIPATES REVENUE OF EUR 415.00 MILLION IN 2018​.  Full Article

GFT Technologies buys Spanish Mecanización de Empresas​
Monday, 16 Oct 2017 05:40am EDT 

Oct 16 (Reuters) - GFT TECHNOLOGIES SE ::GFT ACQUIRES SPANISH IT COMPANY MECANIZACIÓN DE EMPRESAS​.PARTIES AGREED NOT TO DISCLOSE PURCHASE PRICE‍​.  Full Article

GFT Technologies pretax profit drops 62 pct
Thursday, 10 Aug 2017 01:07am EDT 

Aug 10 (Reuters) - GFT Technologies SE :Q2 revenue 106.7 million eur.Q2 EBITDA 8.4 million eur.Q2 pretax profit 2.9 mln euros, down 62 pct y/y.Q2 net income 3.1 million eur.  Full Article

GFT Technologies cuts guidance for 2017
Monday, 10 Jul 2017 05:04am EDT 

July 10 (Reuters) - GFT TECHNOLOGIES SE :DGAP-ADHOC: GFT TECHNOLOGIES SE: GFT TECHNOLOGIES SE LOWERS GUIDANCE FOR 2017.NOW EXPECTS CONSOLIDATED REVENUE OF 425.00 MILLION EUROS FOR 2017 FINANCIAL YEAR (PREVIOUSLY 450.00 MILLION EUROS).CHANGE IS DUE TO A SIGNIFICANT CORRECTION IN CONTRIBUTIONS TO TURNOVER BY TWO MAJOR INVESTMENT BANKING CUSTOMERS IN UK AND NORTH AMERICA EXPECTED FOR 2017 BASED ON COST-CONTAINMENT MEASURES​.NOW PLANS TO GENERATE EBITDA OF 42.00 MILLION EUROS (PREVIOUSLY 48.50 MILLION EUROS) IN 2017.‍GUIDANCE FOR 2017 EBT HAS BEEN REDUCED FROM 35.00 MILLION EUROS TO 26.00 MILLION EUROS​.WILL BE ABLE TO ACHIEVE MEDIUM-TERM GUIDANCE WITH INCREASE IN TURNOVER TO 800.00 MILLION EUROS & EBITDA MARGIN OF AROUND 12 PERCENT ONLY IN 2022 (PREVIOUSLY 2020).  Full Article

GFT Technologies affirms guidance after Q1 results
Thursday, 11 May 2017 12:51am EDT 

May 11 (Reuters) - GFT Technologies SE :Consolidated revenue grows by 14 percent to eur 111.10 million.Revenue in Continental Europe up 22 percent to eur 56.08 million.Consolidated earnings (EBITDA) of eur 9.92 million slightly down on previous year due to special items.Guidance for 2017 confirmed.Pre-Tax earnings (EBT) fell by 6 percent to eur 6.63 million.Measures to optimise sales organisations of Americas & UK segment will be completed by end of first half-year.Measures to optimise sales organisations of Americas & UK segment to have a positive impact on earnings from H2 onwards.  Full Article

GFT Technologies to propose a dividend of eur 0.30
Wednesday, 1 Mar 2017 11:51am EST 

Gft Technologies Se :Says decided to propose a dividend of eur 0.30 for the financial year 2016.  Full Article

GFT Technologies says 2017 profit guidance is below market expectations
Wednesday, 1 Mar 2017 11:45am EST 

Gft Technologies Se : dgap-adhoc: gft technologies se: gft technologies se announces guidance for financial year 2017 . Says full-year guidance for consolidated revenue at 450.00 million euros for financial year 2017 . Says earnings before interest, taxes, depreciation and amortisation (ebitda) of gft group are expected to reach 48.50 million . Says earnings before taxes (ebt) seen at 35.00 million euros . Says full-year guidance for ebitda and ebt is thus below market expectations for financial year 2017 .Says will report consolidated revenue of 422.56 million euros, ebitda of 46.77 million euros and ebt of 33.05 million euros for 2016.  Full Article

GFT Technologies raises 2016 sales guidance after Q2 profit gain
Thursday, 11 Aug 2016 01:09am EDT 

GFT Technologies SE : GFT Technologies SE: GFT accelerates dynamic growth in Q2 2016 with 23 percent increase in revenue . Says 12 percent improvement in q2 earnings (Ebitda) to eur 11.39 million . Says accelerates dynamic growth in Q2 2016 with 23 percent increase in revenue . Says consolidated revenue up 23 percent to eur 110.64 million in Q2 . Says strong growth momentum from ongoing digitisation of business processes . Says revenue guidance for 2016 upgraded by eur 10 million . Says special items prompt eur 2 million downgrade in full-year earnings guidance .Says gft adjusted its guidance for financial year 2016.  Full Article

GFT Technologies says Q1 net income 5.57 million eur
Thursday, 12 May 2016 01:04am EDT 

GFT Technologies : Says guidance for 2016 upheld . Says Q1 revenue up 10 percent to eur 97.39 million . Says EBITDA improved by 6 percent to eur 10.15 million . Says Q1 net income 5.57 million eur .Says continental Europe division raises revenue by 24 percent to eur 46.05 million.  Full Article

BRIEF-GFT Technologies 9M EBITDA declines

* Says ‍revenue of 316.52 million euros in first nine months slightly up on previous year (9M/2016: 314.28 million euros)​