Investor Relations

Investments in future technologies, such as cloud and artificial intelligence are growing fast. Thanks to its strong expertise in these fields, GFT Technologies SE (GFT) will benefit more than average from this trend. This is illustrated by the company’s strong performance in the first nine months and its consistently high level of orders received.

Companies around the world are expected to increase their IT spending by 9 percent this year. GFT Technologies SE (GFT) is set to outpace even this strong growth based on the company’s performance in the first six months and orders received for the second half of the year.

GFT Technologies SE (GFT) can look back on a very successful first quarter 2021 with significant growth in revenue and earnings. There was a year-on-year increase in revenue of 10 percent to EUR 123.92 million, while pre-tax earnings (EBT) rose by as much as 132 percent to EUR 7.01 million. Strong orders received also indicate consistently high growth for the following quarters.

GFT Technologies SE (GFT) exceeded its revenue guidance of 19 June 2020 for the year 2020, and even significantly surpassed its earnings guidance. The preliminary results for the financial year 2020 show an increase in revenue of 4 percent to EUR 444.85 million (guidance EUR 440 million).