May 30, 2018 | Schöneck, Germany
1 min read

GK Software – Turnover continues to grow significantly in the 1st quarter

According to the quarterly report published today, GK Software SE was able to exceed the previous year's turnover of EUR 20.12 million by around 18 percent in the first quarter of 2018 with sales of EUR 23.67 million.

  • Strong growth in the GK/Retail core business (+23.3 percent)
  • EBITDA one third higher than in the previous year

This development was mainly achieved by a significant increase in licensing and maintenance revenues. At EUR 1.34 million, EBITDA was almost one third above the previous year's figure of EUR 1.0 million. 

Based on these results and the sales opportunities for the rest of the financial year, the Management Board continues to expect the company to be able to increase its turnover in comparison with the previous year in line with expectations; and it is standing by its forecast for the year 2018 and the medium term, as published in the last financial statement.

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