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4-Traders Homepage  >  Equities  >  Xetra  >  GK Software AG    GKS   DE0007571424

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GK Software : increases sales by almost 40% during first nine months of the year

11/26/2015 | 05:42am US/Eastern

According to provisional figures, GK Software increased its turnover by 37.3% to EUR41.98 million during the first nine months of 2015 (Q3 2014 = EUR30.56 million).

The EBIT figure was EUR3.31 million, largely because of the costs associated with the company's acquisition in the USA (Q3 2014 = EUR (2.2) million). In terms of turnover, the EBIT margin amounted to -7.9% (Q3 2014 = -7.3%).

The management board is expecting an excellent fourth quarter, and is therefore convinced that sales during the 2015 business year will significantly exceed the figures for the previous year and the company will meet its planned goals. The board is therefore continuing to stand by its forecast for 2015 and the following years.

The full report for the third quarter will probably be published at the following link on 26 November: http://investor.gk-software.com/de/veroeffentlichungen/financial-reports?task=download&cid[0]=285 (http://investor.gk-software.com/de/veroeffentlichungen/financial-reports?task=download&cid%5b0%5d=285).

(c) 2015 ITWeb Limited. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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