DGAP-News: GK Software AG / Key word(s): Quarter Results
GK Software AG: GK SOFTWARE AG Continues Growth Path in Q1 2012
according to Preliminary Figures
24.05.2012 / 16:07
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- 18% increase in EBIT compared to the same reporting period in the
previous year
- Sales rise to EUR 7.4 million in the first quarter (EUR 6.7 million in
previous year)
- Management Board confirms growth forecast for 2012
Schöneck, 24 May 2012 - The first quarter of fiscal 2012 was once again a
highly successful business operating period for GK SOFTWARE AG. Sales rose
by 11 percent to a figure of EUR 7.45 million (EUR 6.72 million in Q1 2011)
in comparison to the same period in the previous year (preliminary
figures). Earnings before interest and taxes (EBIT) increased even more
strongly to a figure of EUR 1.38 million following a figure of EUR 1.17
million in the same reporting period in the previous year. In terms of
sales, the EBIT margin in the first quarter reached 18.5 percent (17.4% in
Q1 2011). This provided earnings per share of EUR 0.63 (EUR 0.38 in Q1
2011). The Management Board believes that these figures provide
confirmation of its general forecast. It continues to expect sales to grow
during the whole of fiscal 2012 and previous profitability levels to be
maintained.
The full quarterly report will be published at the following addresses on
29 May 2012.
German:
http://investor.gk-software.com/veroeffentlichungen/financial-reports?task
=download&cid[0]=99
English:
http://investor.gk-software.com/veroeffentlichungen/financial-reports?task
=download&cid[0]=100
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 March 2012) 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 131,000 installations
in approx. 27,300 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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171424 24.05.2012
DGAP-News: GK Software AG: GK SOFTWARE AG Continues Growth Path in Q1 2012 according to Preliminary Figures
| Source: EQS Group AG