13 août 2020

GFT with solid growth in first half-year

Following a positive development of revenue in the first half of 2020, GFT Technologies SE (GFT) confirms its outlook for the year 2020. Revenue rose by 5 percent, with 4 percent organic growth.

  • Revenue up 5 percent in the first half of 2020 (organic 4 percent) and up 19 percent without top-2 clients*
  • Diversification strategy on track with year-on-year growth in insurance business of 32 percent
  • Strong demand for cloud expertise
  • Year-on-year decline in key earnings figures mainly due to Covid-19
  • Outlook for financial year 2020 of 19 June confirmed
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Jan Hiesserich

Group Chief of Communications, Marketing & Strategy
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