GFT Technologies SE announces guidance for financial year 2016

The Administrative Board of GFT Technologies SE today decided to set the annual forecast for consolidated revenue at 410.00 million euros for the financial year 2016. Earnings before interest, taxes, depreciation and amortisation (EBITDA) of the GFT Group are expected to reach 48.50 million euros and earnings before taxes (EBT) 35.00 million euros.

According to preliminary calculations, the GFT Group will report consolidated revenue of 373.51 million euros, earnings before interest, taxes, depreciation and amortisation (EBITDA) of 44.56 million euros and earnings before taxes (EBT) of 32.52 million euros for its financial year 2015. 

The company will publish all further preliminary figures for the financial year 2015 immediately following this ad hoc disclosure.