Brief: GFT Technologies Preliminary Q1 Adjusted EBITDA Up At EUR 13.6 Million

GFT Technologies SE

26/04/2021 10:33

April 26 (Reuters) - GFT TECHNOLOGIES SE  GFTG.DE :
    * UPGRADES ITS OUTLOOK FOR 2021 FOLLOWING VERY GOOD FIRST
QUARTER
    * NOW EXPECTS A STRONGER INCREASE IN REVENUE TO EUR 520
MILLION
(PREVIOUSLY EUR 480 MILLION, PREVIOUS YEAR: EUR 444.85 MILLION)
    * SEES 2021 GROWTH IN ADJUSTED EBITDA TO EUR 56 MILLION
(PREVIOUSLY EUR 50 MILLION, PREVIOUS YEAR: EUR 42.52 MILLION)
AND IN EBT TO EUR 30 MILLION (PREVIOUSLY EUR 24 MILLION,
PREVIOUS YEAR: EUR 14.11 MILLION)
    * Q1 PRELIMINARY ADJUSTED EBITDA AMOUNTED TO EUR 13.55
MILLION
(Q1/2020: EUR 10.39 MILLION) WITH EBT OF EUR 7.01 MILLION
(Q1/2020: EUR 3.02 MILLION)
    * REVENUE OF EUR 123.92 MILLION IN Q1 OF 2021 (Q1/2020: EUR
112.48
MILLION)

Source text for Eikon:  ID:nEQrSn3Ma 
Further company coverage:  GFTG.DE 

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