Ad hoc announcement pursuant to Article 17 MAR
23 July 2025, 06:08 PM CEST
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). Preliminary earnings before taxes (EBT) declined to €19.02 million (H1/2024: €30.05 million). The decline is mainly due to a high positive one-off effect in the first half of 2024 amounting to €10.5 million, which had a favorable impact on the previous year's figure.
GFT had previously forecast revenue of €930 million for the full year 2025, adjusted EBIT of €75 million and EBT of €60 million. GFT now expects revenue for the 2025 financial year to be €885 million and adjusted EBIT to be €65 million. The forecast for EBT has been adjusted to €45 million.
The adjustment to the revenue forecast is primarily due to adverse currency effects resulting from the continued significant appreciation of the euro and weaker business performance at GFT in the UK. The adjustment to the forecast for adjusted EBIT and EBT is mainly attributable to structural measures at GFT in the UK and at the German subsidiary GFT Software Solutions GmbH, as well as adverse currency effects. GFT currently expects business to remain positive in the second half of 2025. Due to market conditions and ongoing structural measures, a noticeable upturn in momentum, as expected at the beginning of the fiscal year, is currently only evident in a few markets.
The half-year financial report will be published as scheduled on August 7, 2025.
Key financial figures: Explanations of the performance indicators used in this ad hoc announcement can be found on the GFT website at gft.com/key-performance-measures.
