Brief: GFT Technologies Says H1 Revenue EUR 357.25 Mln, Up 37%

GFT Technologies SE

11/08/2022 06:38

Aug 11 (Reuters) - GFT Technologies SE  GFTG.DE :
    * REVENUE +37 PERCENT AND EBT +75 PERCENT IN FIRST HALF OF
2022
    * REVENUE OF EUR 357.25 MILLION IN FIRST HALF. COMPANY THUS
EXCEEDED PRIOR-YEAR FIGURE OF EUR 261.58 MILLION BY 37 PERCENT
    * HALF YEAR ADJUSTED EBITDA WAS 36 PERCENT UP ON PREVIOUS
YEAR AT
EUR 39.38 MILLION (H1/2021: EUR 28.95 MILLION)
    * HALF  YEAR EBT CLIMBED BY 75 PERCENT TO EUR 29.16 MILLION
(H1/2021: EUR 16.62 MILLION)
    * REVENUE AND EARNINGS GUIDANCE 2022 RAISED SLIGHTLY
    * FOR FY 2022, CO EXPECTS REVENUE GROWTH OF 29 PERCENT TO
AROUND
EUR 730 MILLION
    * FOR FY 2022, ADJUSTED EBITDA IS EXPECTED TO RISE BY 25
PERCENT
TO AROUND EUR 81 MILLION
    * FY 2022 EBT IS LIKELY TO INCREASE BY 50 PERCENT TO AROUND
EUR 60
MILLION
    * RUSSIA'S WAR AGAINST UKRAINE AND ITS CONSEQUENCES HAVE HAD
NO
NEGATIVE IMPACT ON GFT'S BUSINESS SO FAR

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

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