Germany's GFT Technologies Q1 revenue rises 3%, profitability improves

GFT Technologies SE

07/05/2026 06:44

Overview

Germany digital transformation firm's Q1 revenue grew 3% yr/yr to EUR 229.5 mln

Adjusted EBIT rose 7% to EUR 16.1 mln, net income up 21%

Profitability improved due to higher personnel efficiency and lower office rental costs

Outlook

GFT confirms 2026 revenue guidance of around EUR 930 mln, up 5% at constant currency

Company expects 2026 adjusted EBIT to rise to EUR 71 mln, margin of 7.6%

GFT sees 2026 EBT up 21% to about EUR 56 mln, margin of 6%

Result Drivers

AI PLATFORM SCALING - Co said rapid adoption of Wynxx Agentic AI Platform drove growth, with contract value up 48% yr/yr

LATIN AMERICA GROWTH - Strong revenue growth in Brazil (+33%) and Colombia (+20%) offset declines in parts of Europe

OPERATIONAL EFFICIENCY - Improved profitability attributed to higher personnel efficiency, lower office rental costs, and reduced capacity adjustments

Company press release: ID:nEQ36nW6da

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 229.52 mln
EUR 230 mln (1 Analyst)
Q1 EPS
EUR 0.34
Q1 Net Income
EUR 8.58 mln
Q1 Adjusted EBIT
EUR 16.11 mln
Q1 EBITDA
EUR 17.23 mln
Q1 Operating Cash Flow
EUR 4.39 mln
Q1 Pretax Profit
EUR 12 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

Wall Street's median 12-month price target for GFT Technologies SE is €30.00, about 57.9% above its May 6 closing price of €19.00

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)