• GFT Group stays on track for growth

GFT Group stays on track for growth

Software group posts double-digit revenue and earnings growth
May 11, 2023
  • Group revenue up 10 percent compared to first quarter of 2022
  • Strongly improved Group earnings: adjusted EBIT +17 percent, EBT +12 percent
  • Diversification across sectors and clients continued: Insurance sector +4 percent, Industry & Others +24 percent; core market Banking with further growth: +10 percent
  • Guidance for 2023 confirmed: revenue of EUR 850 million, adjusted EBIT of EUR 80 million and EBT of EUR 72 million expected
  • GFT revenue in the U.S. grew by 62 percent.
Marco Santos
CEO Americas


  • GFT stays on track for growth

    GFT continues to grow. With revenue growth of 10 percent, the software group once again outpaced the market in the first quarter of 2023. Adjusted EBIT rose by 17 percent and EBT by 12 percent compared to the same period last year.