Ad Hoc Disclosures

Based on preliminary calculations, GFT Technologies SE (GFT) achieved in the first half-year 2025 revenue of €441.51 million (H1/2024: €429.63 million) and adjusted earnings before interest and taxes (adjusted EBIT) of €30.14 million (H1/2024: €29.67 million).

The Administrative Board of GFT Technologies SE (SDAX, ISIN: DE0005800601) today has resolved to purchase treasury shares worth up to EUR 15 million (excluding transaction costs) via the stock exchange. Based on the Xetra closing price on 26 March 2025 (EUR 22.95), this corresponds to up to 653,594 shares, or up to 2.48 percent of the share capital.

The Administrative Board of GFT Technologies SE today approved the planning for the financial year 2025. Accordingly, GFT expects revenue growth by 7 percent to EUR 930 million and a decline in adjusted EBIT by 12 percent to EUR 68 million for the financial year 2025. EBT is forecasted to decrease by 8 percent to EUR 60 million.

The Administrative Board of GFT Technologies SE today appointed Marco Santos as new Managing Director and Chief Executive Officer (CEO) with effect from 1 July 2024. He succeeds Marika Lulay, who for personal reasons is not seeking an extension of her contract, which expires on 31 December 2024.

Following the completion of planning, GFT Technologies SE (GFT) announces its outlook for the financial year 2024. Accordingly, GFT expects revenue growth of 15% to € 920 million and an increase in adjusted EBIT of 16% to € 85 million. EBT is forecasted to increase by 6% to € 72 million. All forecast figures include the contributions from the acquisition of Sophos Solutions S.A.S., which was completed in February.

GFT Technologies SE, via its wholly-owned subsidiary GFT Technologies S.A., Madrid, Spain, today signed an agreement to acquire all shares in Sophos Solutions S.A.S. ("Sophos"), based in Bogotá, Colombia.

The Chair of the Managing Directors and CEO, Marika Lulay, informed the GFT Technologies SE Administrative Board today that for personal reasons she will not be seeking an extension of her contract, which runs until 31 December 2024, and will be stepping down as Managing Director.

GFT expects earnings in the financial year 2022 to be considerably higher than the current forecast. According to this, earnings before taxes ("EBT") are expected to rise to EUR 66 million (previously EUR 60 million, FY 2021: EUR 40 million) and adjusted EBITDA to EUR 87 million (previously EUR 81 million, FY 2021: EUR 65 million). Reasons for the increase in the earnings forecast are lower provisions for the share-based component of management compensation, continued positive currency effects and higher than previously assumed capacity utilisation.

GFT is set to reach an EBT for the financial year 2021 which lies well above its previous guidance. This is due to structurally higher demand for new high-margin digitalisation solutions. As a result, orders received are above expectations and this is enabling GFT to focus on higher-margin projects. Thanks to active cost management, the increase in administrative expenses is also lower than planned.

GFT Technologies SE (GFT) now expects a stronger increase in revenue for the Group for the financial year 2021 to EUR 550 million (previously EUR 520 million, previous year: EUR 444.85 million), as well as higher growth in adjusted EBITDA to EUR 62 million (previously EUR 56 million, previous year: EUR 42.52 million) and in EBT to EUR 36 million (previously EUR 30 million, previous year: EUR 14.11 million).

GFT Technologies SE (GFT) got off to a very good start in its financial year 2021. Business in the first quarter and orders received so far were well above expectations. The reason is the increased demand for digitisation solutions in all significant areas. GFT has therefore decided to upgrade its Group outlook for 2021. It now expects a stronger increase in revenue to EUR 520 million (previously EUR 480 million, previous year: EUR 444.85 million), as well as more significant growth in adjusted EBITDA to EUR 56 million (previously EUR 50 million, previous year: EUR 42.52 million) and in EBT to EUR 30 million (previously EUR 24 million, previous year: EUR 14.11 million).

Based on its current assessment of the impact of the Covid-19 pandemic, GFT Technologies SE (GFT) has issued a new forecast for its financial year 2020. GFT anticipates revenue of EUR 440 million (previous year: EUR 428.98 million), adjusted EBITDA of EUR 44 million (previous year: EUR 47.91 million) and EBT of EUR 13 million (previous year: EUR 18.73 million).