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GFT Technologies SE, DE0005800601

GFT Technologies SE, DE0005800601

26.04.2021 - 11:32:47

GFT Technologies SE upgrades its outlook for 2021 following very good first quarter

GFT Technologies SE upgrades its outlook for 2021 following very good first quarter GFT Technologies SE (GFT) got off to a very good start in its financial year 2021. Business in the first quarter and orders received so far were well above expectations. The reason is the increased demand for digitisation solutions in all significant areas. GFT has therefore decided to upgrade its Group outlook for 2021. It now expects a stronger increase in revenue to EUR?520 million (previously EUR?480 million, previous year: EUR?444.85 million), as well as more significant growth in adjusted EBITDA to EUR?56 million (previously EUR?50 million, previous year: EUR?42.52 million) and in EBT to EUR?30 million (previously EUR?24 million, previous year: EUR?14.11 million).? According to preliminary calculations, GFT Group generated revenue of EUR?123.92 million in the first quarter of 2021 (Q1/2020: EUR?112.48 million). Preliminary adjusted EBITDA amounted to EUR?13.55 million (Q1/2020: EUR?10.39 million) with EBT of EUR?7.01 million (Q1/2020: EUR?3.02 million).? As previously announced, the final results for the first quarter of 2021 will be published on 12 May 2021. Explanations of the key financial figures (EBT and adjusted EBITDA) used in this ad hoc disclosure are to be found on the GFT website at www.gft.com/performancemeasures Contact: Karl Kompe Investor Relations GFT Technologies SE Schelmenwasenstra?e 34 70567 Stuttgart T +49 711 62042-323 F +49 711 62042-301 karl.kompe@gft.com www.gft.com

26-Apr-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: GFT Technologies SE Schelmenwasenstra?e 34 70567 Stuttgart

Germany Phone: +49 (0)711/62042-0 Fax: +49 (0)711/62042-301 E-mail: ir@gft.com Internet: www.gft.com ISIN: DE0005800601 WKN: 580060 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1188180 ? End of Announcement DGAP News Service


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