GFT Technologies SE / DE0005800601
05.03.2025 - 19:15:48GFT Technologies SE: GFT Technologies SE announces guidance 2025
EQS-Ad-hoc: GFT Technologies SE / Key word(s): Forecast 05-March-2025 / 19:15 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. The issuer is solely responsible for the content of this announcement. GFT Technologies SE announces guidance 2025 Stuttgart, March 5, 2025 – The Administrative Board of GFT Technologies SE today approved the planning for the financial year 2025. Accordingly, GFT expects revenue growth by 7 percent to EUR 930 million and a decline in adjusted EBIT by 12 percent to EUR 68 million for the financial year 2025. EBT is forecasted to decrease by 8 percent to EUR 60 million. The revenue and adjusted EBIT guidance is in line with market expectations, while the EBT guidance significantly falls below market expectations. Higher investments, additional efficiency measures, and higher contributions to social security systems across various countries are having a negative impact on both, adjusted EBIT and EBT. In the financial year 2024, according to preliminary calculations, GFT achieved a 10 percent revenue growth, reaching EUR 870.92 million (2023: EUR 788.87 million) and a 6 percent increase in adjusted EBIT to EUR 77.44 million (2023: EUR 73.33 million). As expected, EBT declined by 4 percent to EUR 65.01 million (EUR 68.00 million). Both earnings figures benefited from a positive one-off gain of EUR 10 million in 2024. Explanations of the financial key performance indicators used in this ad-hoc announcement (EBT and adjusted EBIT) can be found on the GFT website at www.gft.com/int/en/about-us/investor-relations/key-performance-measures. Your contact: Andreas Herzog Head of Investor Relations & CSR Compliance GFT Technologies SE Schelmenwasenstraße 34 70567 Stuttgart Germany T +49 711 62042-383 Andreas.Herzog@gft.com www.gft.com End of Inside Information 05-March-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com |
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: | 2095957 |
End of Announcement | EQS News Service |
|
2095957 05-March-2025 CET/CEST