DGAP-News: GK Software AG / Key word(s): Half Year Results
GK Software AG: GK SOFTWARE AG Continues Its Growth Course in the
First Half Year of 2012
17.08.2012 / 12:33
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- According to provisional figures Sales grew by approx. 12% compared to
the same period in the previous year
- EBIT at EUR 2.99 million rose by 20% compared to the same period in 2011
- Growth forecast confirmed for 2012
Schöneck, 17 August 2012 - GK SOFTWARE AG continued its growth path during
the first half year of fiscal 2012. Compared to the same period in the
previous year, sales rose according to provisional figures by 12.4% to EUR
16.24 million (HY 2011 = EUR 14.45 million). Earnings before interest and
tax (EBIT) rose to EUR 2.99 million, following a figure of EUR 2.49 million
in the same reporting period in the previous year. As a result, the company
had an EBIT margin of 18.4% related to sales during the first half year (HY
2011 = 17.2%). Earnings per share during this period were EUR 1.30.
Based on this provisional figures the Management Board believes that its
forecast is justified and it is expecting noticeable growth for the
complete year in 2012, while the company maintains the profitability levels
achieved in the past.
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 428 members of staff (figures for 31 December 2011) at
company headquarters in Schöneck and five other business locations in
Berlin, St. Ingbert, Cologne, 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 140,000 installations in approx. 27,500 stores in Germany and abroad.
The company has grown rapidly during the past few years and its sales
revenues totaled EUR 31.8 million in 2011. GK SOFTWARE AG achieved EBIT of
EUR 6.65 million (EBIT margin of 21.0% on sales). The two founders Rainer
Gläà (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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182067 17.08.2012
DGAP-News: GK Software AG: GK SOFTWARE AG Continues Its Growth Course in the First Half Year of 2012
| Source: EQS Group AG