May 24, 2012
2 min read

GK SOFTWARE AG Continues Growth Path in Q1 2012 according to Preliminary Figures

Schöneck, 24 May 2012 – The first quarter of fiscal 2012 was once again a highly successful business operating period for GK SOFTWARE AG.

  • 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

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 previous year. 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.



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