Brief: GFT Technologies H1 Net Income At EUR 2.81 Mln

GFT Technologies SE

13/08/2020 06:35

Aug 13 (Reuters) - GFT TECHNOLOGIES SE  GFTG.DE :
    * H1 REVENUE 221.1 MILLION EUR
    * OUTLOOK FOR FINANCIAL YEAR 2020 OF 19 JUNE CONFIRMED
    * REVENUE UP 5 PERCENT IN FIRST HALF OF 2020 (ORGANIC 4
PERCENT)
AND UP 19 PERCENT WITHOUT TOP-2 CLIENTS^1)
    * ADJUSTED EBITDA OF EUR 18.53 MILLION FOR FIRST HALF OF
2020 WAS
16 PERCENT BELOW PRIOR-YEAR FIGURE (H1/2019: EUR 21.94 MILLION)
    * H1 EBIT WAS DOWN 38 PERCENT AT EUR 5.17 MILLION (H1/2019:
EUR
8.35 MILLION)
    * H1 NET INCOME OF EUR 2.81 MILLION WAS 54 PERCENT BELOW
PRIOR-YEAR FIGURE (H1/2019: EUR 6.07 MILLION).

Source text for Eikon:  ID:nEQ4B3dLga 
Further company coverage:  GFTG.DE 

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