Brief: GFT Technologies Adjusts Guidance for 2023

GFT Technologies SE

10/08/2023 06:34

Aug 10 (Reuters) - GFT Technologies SE  GFTG.DE :
    * PROFITABLE REVENUE GROWTH OF 10 PERCENT IN FIRST HALF OF
2023
    * GUIDANCE FOR 2023 ADJUSTED: REVENUE OF EUR 810-820
MILLION,
ADJUSTED EBIT OF EUR 74-76 MILLION AND EBT OF EUR 68-70 MILLION
EXPECTED
    * FY GROUP REVENUE IS EXPECTED TO REACH AROUND EUR 810-820
MILLION
(2022: EUR 730 MILLION; PREVIOUS GUIDANCE: EUR 850 MILLION)
    * GENERATED REVENUE OF EUR 391.58 MILLION IN FIRST HALF OF
2023.
    * GROUP ANTICIPATES FY GROWTH IN ADJUSTED EBIT TO AROUND EUR
74-76
MILLION (2022: EUR 67 MILLION; PREVIOUS GUIDANCE: EUR 80
MILLION)
    * FY EBT) ARE EXPECTED TO REACH EUR 68-70 MILLION (2022: EUR
66
MILLION; PREVIOUS GUIDANCE: EUR 72 MILLION)
    * REPORTS YEAR-ON-YEAR GROWTH IN ADJUSTED EBIT OF 4 PERCENT
TO EUR
31.17 MILLION (H1 2022: EUR 30.10 MILLION)
    * COMPARED TO PRIOR-YEAR PERIOD, H1 EBT INCREASED BY 3
PERCENT TO
EUR 30.04 MILLION (H1 2022: EUR 29.16 MILLION).

Source text for Eikon:  ID:nEQ5s7vBSa 
Further company coverage:  GFTG.DE 

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