- Pressemitteilung BoxID 511217
GK SOFTWARE AG Continues Growth Path in Q1 2012 according to Preliminary Figures
- 18% increase in EBIT compared to the same reporting period in the previous year
- Sales rise to EUR 7.4 million in the first quarter (EUR 6.7 million in previous year)
- Management Board confirms growth forecast for 2012
The first quarter of fiscal 2012 was once again a highly successful business operating period for GK SOFTWARE AG. Sales rose by 11 percent to a figure of EUR 7.45 million (EUR 6.72 million in Q1 2011) in comparison to the same period in the pre-vious year (preliminary figures). Earnings before interest and taxes (EBIT) increased even more strongly to a figure of EUR 1.38 million following a figure of EUR 1.17 million in the same reporting period in the previous year. In terms of sales, the EBIT margin in the first quarter reached 18.5 percent (17.4% in Q1 2011). This provided earnings per share of EUR 0.63 (EUR 0.38 in Q1 2011).
The Management Board believes that these figures provide confirmation of its general fore-cast. It continues to expect sales to grow during the whole of fiscal 2012 and previous profit-ability levels to be maintained.
The full quarterly report will be published at the following addresses on 29 May 2012.
Über GK SOFTWARE AG
GK SOFTWARE AG is one of the leading technology developers and providers of standard software for the retail sector in Europe and has an extensive range of products for stores and enterprise headquarters. As a result of its open software solutions in the GK/Retail Suite, which can be used with any platform and is fully programmed in Java, the company has established itself on the market as a leading provider of technology and innovations. The soft-ware provides ideal business organization for retail companies with many stores and there-fore offers significant potential for cost savings and customer loyalty programs so that com-panies can increase their competitiveness.
The company employs 428 members of staff (figures for 31 March 2012) at company head-quarters in Schöneck and four other business locations in Berlin, St. Ingbert, Plzen (CZ) and Basel/Riehen (CH). GK SOFTWARE AG can list well-known German and foreign retail com-panies among its customers, including Galeria Kaufhof, Parfümerie Douglas, Coop (Switzer-land), EDEKA, Hornbach, JYSK Nordic, Lidl, Netto Marken-Discount and Tchibo. The soft-ware is currently being used in more than 30 countries at 131,000 installations in approx. 27,300 stores in Germany and abroad. The company has grown rapidly during the past few years and its sales revenues totaled EUR 31.8 million in 2011. GK SOFTWARE AG achieved EBIT of EUR 6.65 million (EBIT margin of 21.0% on sales). The two founders Rainer Gläß (CEO) und Stephan Kronmüller (deputy board member), in conjunction with an experienced management team, have made GK SOFTWARE AG a profitable company with strong growth since 1990.
Further information about the company: www.gk-software.com
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