GFT Group continues to grow, upgrades earnings guidance

GFT achieves its best-ever revenue and earnings figures in 2021, elevated to SDAX
in December
15 November 2022
  • Group revenue in first nine months raised significantly: +34 percent
  • Disproportionately strong Group EBT growth: +70 percent, adjusted EBITDA +37 percent
  • Diversification continues: Insurance sector +51 percent, Industry & Others +51 percent; further growth in core market Banking: +27 percent
  • Position in global labour market strengthened: further headcount growth (+19 percent), more than 10,000 experts active around the world
  • Group revenue guidance 2022 confirmed: EUR 730 million, earnings guidance 2022 upgraded: Group EBT EUR 66 million, adjusted Group EBITDA EUR 87 million
  • GFT UK grew revenue by 23% year-on-year.
  • As of 30 September 2022, GFT UK employed a total of 265 people (full-time equivalents), corresponding to year-on-year growth of 24% percent (30 September 2021: 214).
Two colleagues working together on a project, discussing ideas while looking at a laptop in a modern office setting.
Professionals collaborating on a project in a modern office environment, emphasizing teamwork, communication, and productivity in business.
Carlton Hopper
Managing Director
GFT UK

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  • GFT continues to grow, upgrades earnings guidance

    Consistently high demand due to megatrend digitalisation