August 17, 2016 | GK Software
2 min read

GK Software once again increases turnover and earnings significantly during the first half of the year

  • Turnover increases by 30 percent to EUR 35.08 million in comparison with the same period in the previous year, according to provisional figures
  • EBITDA reaches EUR 2.29 million

Schöneck, 17. August 2016 - GK Software AG once again increased its turnover enormously by 30.6 percent to a figure of EUR 35.08 million during the first half of 2016 according to provisional figures (first half of 2015: EUR 26.86 million). The EBITDA rose even more strongly to EUR 2.29 million, following a figure of EUR (0.69) million in the previous year. The EBIT reached a figure of EUR 0.29 million (first half of 2015: EUR (2.28) million). The reasons for the excellent half-yearly results were strong turnover in licences and a major increase in efficiency in the consulting and implementation areas.

Based on these results and the sales opportunities for the second half of the year, the Management Board continues to assume that the company will be able to significantly increase its turnover in comparison with the previous year if business goes well; and it is maintaining its forecast for the year 2016 and the medium-term without making any changes.

The full half-yearly report will probably be published on 30 August.

Press contact Dr. René Schiller Global Head of Marketing | VP
Press contact Americas Ketner Group Communications