Brief: GFT Technologies Expects Earnings In FY22 To Be Considerably Higher Than Forecast

GFT Technologies SE

20/10/2022 12:03

Oct 20 (Reuters) - GFT TECHNOLOGIES SE  GFTG.DE :
    * GFT TECHNOLOGIES SE RAISES EARNINGS FORECAST FOR 2022
    * EXPECTS EARNINGS IN FINANCIAL YEAR 2022 TO BE CONSIDERABLY
HIGHER THAN CURRENT FORECAST
    * FY EARNINGS BEFORE TAXES ("EBT") ARE EXPECTED TO RISE TO
EUR 66
MILLION (PREVIOUSLY EUR 60 MILLION, FY 2021: EUR 40 MILLION)
    * REVENUE EXPECTATION REMAINS UNCHANGED AT EUR 730 MILLION
(FY
2021: EUR 566 MILLION)
    * ACCORDING TO THIS, EARNINGS BEFORE TAXES ("EBT") ARE
EXPECTED TO
RISE TO EUR 66 MILLION (PREVIOUSLY EUR 60 MILLION, FY 2021: EUR
40 MILLION) AND ADJUSTED EBITDA TO EUR 87 MILLION (PREVIOUSLY
EUR 81 MILLION, FY 2021: EUR 65 MILLION)

Source text for Eikon:  ID:nEQ8F2lgwa 
Further company coverage:  GFTG.DE 
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