DGAP-News: GK Software AG / Key word(s): Contract
GK Software AG: SAP Gains First Customer for POS Solution Made by GK
SOFTWARE AG in Switzerland
23.02.2012 / 11:36
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- Valora Retail to equip its stores with SAP Point-of-Sale by GK
- First joint project with SAP outside Germany
Schöneck, 23. February 2012 - Valora Retail, a division of the Swiss Valora
Group, has decided to use the SAP Point-of-Sale by GK software solution in
its stores in Switzerland, German and Luxembourg in future. This means that
it has been possible to gain the first customer outside Germany within the
framework of the reseller agreement between SAP and GK SOFTWARE AG. SAP
sells three SAP-branded solutions made by GK SOFTWARE AG in the EMEA
region. In its domestic market Switzerland Valora operates approx. 1,200
stores. After the take-over of Convenience Concept, a subsidiary of
Lekkerland, in January 2012 (subject to approval by the Bundeskartellamt)
Valora operates in Germany 1,500 branches.
The Management Board at GK SOFTWARE AG believes that the gaining of this
project provides confirmation of its expectations within the framework of
the partnership with SAP. However, it does not expect any significant
effects on sales and results in fiscal 2012 as a result.
Company profile GK SOFTWARE AG:
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 422 members of staff (figures for 30 September 2011) 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,
Hornbach, JYSK Nordic, Lidl, Netto Marken-Discount and Tchibo. The software
is currently being used in more than 30 countries at 125,000 installations
in approx. 25,000 stores in Germany and abroad. The company has grown
rapidly during the past few years and its sales revenues totaled EUR 27.7
million in 2010. GK SOFTWARE AG achieved EBIT of EUR 6.4 million (EBIT
margin of 21.7% on total operating revenue). The two founders Rainer GläÃ
(CEO) und Stephan Kronmüller (deputy board member), in conjunction with an
experienced management team, have made GK SOFTWARE AG a profitable company
with strong growth since 1990.
Further information about the company: 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: rschiller@gk-software.com
End of Corporate News
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Language: English
Company: GK Software AG
WaldstraÃe 7
08261 Schöneck
Germany
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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157808 23.02.2012
DGAP-News: GK Software AG: SAP Gains First Customer for POS Solution Made by GK SOFTWARE AG in Switzerland
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