GFT exceeds guidance and expects further growth and significantly improved earnings in 2021

March 04, 2021
  • 2020 figures exceed guidance; revenue of EUR 445 million and EBT of EUR 14.11 million
  • Dynamic revenue growth without top-2 clients* of 14 percent
  • Sector, client and geographical diversification successfully continued: +23 percent in insurance business; expansion in Asia-Pacific with new clients
  • +44 percent with fast-growing technologies**, +86 percent with cloud solutions
  • Outlook 2021: further revenue growth of 8 percent, increase in earnings of 70 percent  
  • Dividend proposal of EUR 0.20, payout ratio of 53 percent
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.
Marika Lulay
CEO GFT Technologies SE

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