GK Software AG / Quarter Results
14.05.2009
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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- Revenues up by approximately 25% to EUR 4.6 million in comparison with
the same period last year
- EBIT margin increased to 18.9% over the 2008 business year figure
Schöneck, May 14, 2009 - GK SOFTWARE AG was able to continue its growth in
the first quarter of 2009. The report for this period, which was presented
today, shows an increase in sales to EUR 4.59 million compared with EUR
3.66 million in the first three months of 2008.
Earnings before interest and taxes (EBIT) amounted to EUR 0.86 during the
reporting period. Due to special effects, particularly above-average
revenues from licenses, EBIT was EUR 0.99 million in the first three months
of 2008. Based on total operating revenues totaling EUR 4.58 million, this
equates an EBIT margin of 18.9% for the first quarter of 2009 (fiscal year
2008: 18.5%). Net income for the quarter was EUR 0.66 million. This
corresponds to earnings per share of EUR 0.39 after the first three months
of 2009.
Because of the current general economic situation the Management Board will
not provide any specific forecast for the current business year. However,
the Management Board is confident that the company will continue to
increase its sales in 2009 and achieve appropriate profitability.
The complete quarterly report has been published on the GK SOFTWARE AG
website today in the section 'Investor Relations'.
GK SOFTWARE AG Company Profile:
GK SOFTWARE AG is one of the leading technology developers and providers of
standard software for the retail sector in Europe and has an extensive
range of products for stores and enterprise headquarters. As a result of
its open software solutions in the GK/Retail Suite, which can be used with
any platform and is fully programmed in Java, the company has established
itself on the market as a leading provider of technology and innovations.
The software provides ideal business organization for retail companies with
many stores and therefore offers significant potential for cost savings and
customer loyalty programs so that companies can increase their
competitiveness.
The company employs 231 members of staff (figures for 31 March 2009) at
company headquarters in Schöneck and four other business locations in
Berlin, St. Ingbert, Plzen (CZ) and Basel/Riehen (CH). GK SOFTWARE AG can
list well-known German and foreign retail companies among its customers,
including Galeria Kaufhof, Parfümerie Douglas, Coop (Switzerland), EDEKA
Hannover-Minden, Hornbach, JYSK Nordic, Lidl, Netto Markendiscount and
Tchibo. The software is currently being used in 25 countries at 57,000 POS
units in approx. 13,500 stores in Germany and abroad. The company has grown
rapidly during the past few years and its sales revenues totaled EUR 15.0
million in 2008. GK SOFTWARE AG achieved EBIT of EUR 2.8 million (EBIT
margin of 18.5% on total operating revenue). The two founders and
Management Board members, Rainer Gläß (CEO) und Stephan Kronmüller (CTO),
in conjunction with the Management Board members Ronald Scholz (COO) and
André Hergert (CFO), have made GK SOFTWARE AG a profitable company with
strong growth since 1990.
Contact Address for Investor Relations:
cometis AG
Ulrich Wiehle
Tel.: +49 (0)611-205855-11
Fax: +49 (0)611-205855-66
E-mail: wiehle@cometis.de
GK SOFTWARE AG
Dr. René Schiller
Tel.: +49 (0)37464-84-264
Fax: +49 (0)37464-84-15
E-mail: rschiller@gk-software.com
DGAP 14.05.2009
---------------------------------------------------------------------------Language: English
Issuer: GK Software AG
Waldstraße 7
08261 Schöneck
Deutschland
Phone: +49 (0)3 74 64 84 - 0
Fax: +49 (0)3 74 64 84 - 15
E-mail: info@gk-software.com
Internet: www.gk-software.com
ISIN: DE0007571424
WKN: 757142
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Stuttgart
End of News DGAP News-Service
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DGAP-News: GK SOFTWARE AG continues to grow
| Source: EQS Group AG