01.03.2017
GFT Technologies SE DE0005800601
DGAP-Adhoc: GFT Technologies SE: GFT Technologies SE announces guidance for financial year 2017
DGAP-Ad-hoc: GFT Technologies SE / Key word(s): Forecast
GFT Technologies SE: GFT Technologies SE announces guidance for financial
year 2017
01-March-2017 / 17:45 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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GFT Technologies SE announces guidance for financial year 2017
The Administrative Board of GFT Technologies SE today resolved to set its
full-year guidance for consolidated revenue at 450.00 million euros for the
financial year 2017. Earnings before interest, taxes, depreciation and
amortisation (EBITDA) of the GFT Group are expected to reach 48.50 million
euros and earnings before taxes (EBT) 35.00 million euros. Full-year
guidance for EBITDA and EBT is thus below market expectations for the
financial year 2017.
According to preliminary calculations, the GFT Group will report
consolidated revenue of 422.56 million euros (2015: 373.51 million euros),
EBITDA of 46.77 million euros (2015: 44.56 million euros) and EBT of 33.05
million euros (2015: 32.52 million euros) for its financial year 2016. The
full-year guidance for 2016 adjusted in August was thus exceeded.
The company will publish all further preliminary figures for the financial
year 2016 immediately following this ad hoc disclosure.
Explanations of the financial figures used in this ad hoc disclosure are to
be found on the GFT website under www.gft.com/performancemeasures.
Contact:
Andrea Wlcek
Global Head of Communications
GFT Technologies SE
Schelmenwasenstraße 34
70567 Stuttgart
T +49 711 62042-440
F +49 711 62042-301
[email protected]
www.gft.com
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01-March-2017 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: GFT Technologies SE
Schelmenwasenstraße 34
70567 Stuttgart
Germany
Phone: +49 (0)711/62042-0
Fax: +49 (0)711/62042-301
E-mail: [email protected]
Internet: www.gft.com
ISIN: DE0005800601
WKN: 580060
Indices: TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange
End of Announcement DGAP News Service
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549367 01-March-2017 CET/CEST
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IT-Services , 580060 , GFT , XETR:GFT