April 03, 2023 | Schöneck, Germany
2 min read

GK Software continues double-digit growth in sales and earnings

  • Preliminary figures show revenue growth of 16.2 percent to 152.05 million euros  
  • Adjusted for special effects, EBIT grows by 33.1 percent to 18.64 million euros  

According to preliminary figures, GK Software SE has continued to grow even in an increasingly difficult market environment. Revenues increased by 21.21 million euros or 16.2 percent to 152.05 million euros. The adjusted EBIT reached 18.64 million euros (after an adjusted 13.85 million euros in the previous year) and thus grew by one third compared to the previous year. At 12.3 percent, the adjusted EBIT margin exceeded the adjusted prior-year figure of 10.6 percent, in line with the company's expectations. In operational terms, GK was able to significantly achieve the margin improvement forecast for 2022. 

The previous year's result included the sale of AWEK microdata GmbH (EUR 3.5 million) as a special effect. For 2022, a real estate transaction in the current year led to valuation effects, as did the non-recurring preparatory costs for the corporate transaction, which reached an important milestone on March 23, 2023, with the voluntary public takeover bid by Fujitsu ND Solutions AG. These two events impacted EBIT in a total amount of 1.91 million euros. Including the special effects of the last two fiscal years, EBIT amounted to 17.31 million euros in 2021 and 16.45 million euros in the reporting year.

The company's full report is expected to be published on April 27, 2023. 

Press contact Dr. René Schiller VP Communications & IR
Press contact Americas Ketner Group Communications