Pressure to digitalise banks spurs growth of GFT

Strong demand for group’s expertise in modern cloud-native banking software
02 March 2023
  • Strong revenue growth in 2022, upgraded guidance reached: +29 percent to EUR 730.14 million
  • Significantly improved earnings: EBT +65 percent, adjusted EBITDA +33 percent
  • Diversification across sectors and clients continued: Insurance sector +44 percent, Industry & Others +21 percent; further growth in core market Banking: +27 percent
  • Administrative Board proposes dividend increase of 29 percent to EUR 0.45 per share (previous year: EUR 0.35)
  • Guidance 2023: growth set to continue; revenue of EUR 850 million, adjusted EBIT of EUR 80 million and EBT of EUR 72 million expected
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