23.11.2015
GK Software AG DE0007571424
DGAP-News: GK Software increases sales by almost 40 percent during the first nine months of the year
DGAP-News: GK Software AG / Key word(s): 9-month figures
GK Software increases sales by almost 40 percent during the first nine
months of the year
23.11.2015 / 08:30
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- Turnover of approx. EUR 42 million after nine months
- No change to the forecast
According to provisional figures, GK Software AG increased its turnover by
37.3 percent to EUR 41.98 million during the first nine months of 2015 (Q3
2014 = EUR 30.56 million). The EBIT figure was EUR (3.31) million, largely
because of the costs associated with the company's acquisition in the USA.
(Q3 2014 = EUR (2.2) million). In terms of turnover, the EBIT margin
amounted to -7.9 percent (Q3 2014 = -7.3 percent).
The Management Board is expecting an excellent fourth quarter and is
therefore convinced that sales during the 2015 business year will
significantly exceed the figures for the previous year and that the company
will meet its planned goals. The Board is therefore continuing to stand by
its forecast for 2015 and the following years.
The full report for the third quarter will probably be published at the
following link on 26 November 2015:
http://investor.gk-software.com/de/veroeffentlichungen/financial-reports?t
ask=download&cid[0]=285
About GK Software AG
GK Software AG is a leading developer and provider of standard software for
the retail sector, and currently counts 20 percent of the world's 50
largest retailers among its customer base. The company offers an extensive
range of solutions for stores and enterprise headquarters as well as for
the implementation of contemporary omni-channel retail concepts. Thanks to
its open and platform-independent software solutions in the GK/Retail
Suite, the company has established itself as one of the market's leading
providers of technology and innovations. Its solutions enable retail chains
with numerous stores to optimize their business processes and to benefit
from significant potential for saving costs and implementing customer
loyalty programs in order to improve their competitiveness. In addition to
its own software solutions, GK Software AG also offers customers a
comprehensive range of implementation and maintenance services. Having been
acquired in 2013, AWEK GmbH and in 2015, the retail segment of DBS Data
Business Systems Inc.
The company employs 707 members of staff (figures for 30 June 2015) across
its headquarters in Schöneck (Germany) and other business locations in
Germany, Czech Republic, Switzerland, South Africa, Russia and the USA. GK
Software AG's customers include many well-known retailers from both Germany
and beyond, including Galeria Kaufhof, Parfümerie Douglas, Coop
(Switzerland), EDEKA, Hornbach, JYSK Nordic, Lidl, Loblaw, Migros, Netto
Marken-Discount and Tchibo. The software is currently being used at 206,000
installations across approximately 38,500 stores in more than 38 countries.
The company has grown rapidly in recent years and its sales revenues
totaled EUR 44.6 million in 2014. Since launching the company in 1990, the
two founders Rainer Gläß (CEO) and Stephan Kronmüller (deputy board
member), together with the experienced management team, have shaped GK
Software AG into a profitable company exhibiting strong growth.
Further information about the company: http://www.gk-software.com
Contact
Investor Relations
GK Software AG
Dr. René Schiller
Phone: +49 (0)37464-84-264
Fax: +49 (0)37464-84-15
E-mail: [email protected]
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23.11.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: GK Software AG
Waldstraße 7
08261 Schöneck
Germany
Phone: +49 (0)3 74 64 84 - 0
Fax: +49 (0)3 74 64 84 - 15
E-mail: [email protected]
Internet: www.gk-software.com
ISIN: DE0007571424
WKN: 757142
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Munich, Stuttgart
End of News DGAP News Service
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415171 23.11.2015
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