DGAP-News: GK Software SE / Key word(s): Quarterly / Interim Statement
GK Software posts strong results in first quarter
27.05.2021 / 13:37
Turnover grows to 30.5 million euros
EBIT triple that of previous year
GK Software SE has continued on its growth track in the first quarter of 2021, recording a massive increase in earnings over comparative figures for the previous year. This growth has seen the company s EBIT nearly triple to 3.20 million euros (Q1 2020 = 1.06 million euros). The EBITDA was 5.13 million euros, an increase of nearly 2 million euros over the previous year (Q1 2020 = 3.26 million euros) that can be attributed to sales growth of 4.9 per cent to 30.45 million euros (Q1 2020 = 29.02 million euros).
DGAP-News: GK Software SE / Key word(s): Disposal
GK Software to sell AWEK microdata
20.05.2021 / 16:17
The issuer is solely responsible for the content of this announcement.
On 21 May 2021, GK Software SE will be parting company with AWEK microdata GmbH in order to focus more intensely on the CLOUD4RETAIL platform, and will be selling it to the Italian Lodi-based Zucchetti Group for a figure in the mid single-digit million range. AWEK microdata is a wholly-owned subsidiary of GK Software, focused on the development, sale and management of euroSUITE, the solution for medium-sized retailers. It was taken over in 2012 in connection with the acquisition of AWEK GmbH. At the end of the 2020 financial year, the company had 41 employees at the Hamburg and Bielefeld business sites and contributed less than five percent to the revenue and earnings of the GK Software Group. The transfer of business will take place on 21 May 2021.