DGAP-News: GK SOFTWARE AG Presents Figures for First Quarter of Fiscal 2014

| Source: EQS Group AG
DGAP-News: GK Software AG / Key word(s): Quarter Results
GK SOFTWARE AG Presents Figures for First Quarter of Fiscal 2014

30.05.2014 / 08:59


  - Sales growth of approx. 2.9% in comparison with the same period in the
    previous year
  - Growth forecast for 2014 unchanged

Schöneck, 30 May 2014 - GK SOFTWARE AG was able to increase its sales by
2.9 percent to EUR 9.33 million (Q1 2012: EUR 9.07 million) during the
first three months of fiscal 2014. Earnings before interest and taxes
(EBIT) amounted to -EUR 1.08 million (Q1 2013: -EUR 0.40 million). This
provided an EBIT margin related to sales of -11.6% during the first
quarter. The loss per share amounted to EUR 0.77.

The Management Board is maintaining its forecast for 2014 and continues to
believe that sales will probably increase. This will ensure that
profitability for the GK/Retail core business remains within the levels
achieved between 2008 and 2011.

The complete quarterly report will disclosed today at the internet under:

About GK Software
GK SOFTWARE AG is one of Europe's leading technology developers and
providers of standard software for the retail sector, and offers an
extensive range of products for stores and enterprise headquarters. Thanks
to 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 as one of the retail market's leading providers of
technology and innovations. Its software enables retail chains with
numerous stores to optimally manage their business operations, offering
them significant potential for saving costs and implementing customer
loyalty programs and hence helping them to improve their competitiveness.
The company employs 550 members of staff (figures for 31 December 2013)
across its headquarters in Schöneck (Germany) and other business locations
in Germany, Czech Republic, Switzerland, Russia and 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, Migros, Netto Marken-Discount and Tchibo. The
software is currently being used at 185,000 installations across
approximately 33,300 stores in more than 35 countries. The company has
grown rapidly in recent years and its sales revenues totaled EUR 42.5
million in 2013. 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: www.gk-software.com

Dr. René Schiller
Tel.: +49 37464-84-264
Fax: +49 37464-84-15
E-Mail: rschiller@gk-software.com

End of Corporate News


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Language:    English                                           
Company:     GK Software AG                                    
             Waldstraße 7                                      
             08261 Schöneck                                    
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  
271305 30.05.2014