Brief: GK Software: FY EBIT Up At EUR 17.3 Mln

Gk Software Se

28/04/2022 12:34

April 28 (Reuters) - GK SOFTWARE SE  GKSG.DE :
    * WITH A REPEATED JUMP IN PROFITS AND SIGNIFICANT SALES
GROWTH
    * FORECAST FOR 2022: FURTHER GROWTH IN SALES AND EARNINGS
    * FY EBIT RISES BY 64.3 PERCENT TO 17.3 MILLION EUROS
    * FY SALES ROSE FROM 117.6 MILLION EUROS TO 130.8 MILLION
EUROS
    * FY NET PROFIT MORE THAN DOUBLING YEAR-ON-YEAR TO 13.3
MILLION
EUROS
    * FOR 2022, GK SOFTWARE GROUP IS EXPECTED TO ACHIEVE A
SIMILAR
INCREASE IN REVENUE AS IN FISCAL YEAR 2021 AND A FURTHER SLIGHT
IMPROVEMENT IN EBIT TOWARDS ACHIEVING MID-TERM TARGET FOR 2023
    * OUTLOOK 2022/23: EXPECTS SALES OF BETWEEN EUR 160 MILLION
AND
EUR 175 MILLION WITH AN EBIT MARGIN (ON SALES) OF 15 PERCENT

Source text for Eikon:  ID:nEQ1FyP16a 
Further company coverage:  GKSG.DE 

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