Brief: GK Software Says To Meet Medium-Term Forecast For 2020

Gk Software Se

29/05/2020 16:09

May 29 (Reuters) - GK SOFTWARE SE  GKSG.DE :
    * GK SOFTWARE - SUCCESSFUL I. QUARTER 2020 - SALES AND EBIT
SHOWS
SIGNIFICANT INCREASE OVER PREVIOUS YEAR
    * Q1 EARNINGS BEFORE TAXES AND DEPRECIATION: EUR 3.26
MILLION
    * Q1 TURNOVER REACHED 29.02 MILLION EUROS WITH A SIGNIFICANT
INCREASE IN SALES VOLUME OF 18.2 PERCENT (2019 = 24.56 MILLION
EUROS)
    * BELIEVES THE COMPANY IS ON TRACK TO MEET ITS MEDIUM-TERM
FORECAST FOR 2020 IN TERMS OF BOTH SALES AND OPERATING RESULTS
    * OUTLOOK 2020: SALES GROWTH, PARTICULARLY IN NEW BUSINESS
AND
ESPECIALLY IN LICENSING AGREEMENTS, COULD BE LOWER THAN STATED
IN MEDIUM-TERM FORECAST

Source text for Eikon:  ID:nEQ1xm5sha 
Further company coverage:  GKSG.DE 

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