Investegate announcements from GK Software SE, GK Software establishes alliance with IBM to accelerate retail innovation and enhance customer omnichannel experience with hybrid cloud technology
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.
Just Eat Takeaway would launch a supermarket delivery service in Germany
Amazon does not have to pay back Luxembourg tax advantage
The tax advantage that the European branch of Amazon enjoys in Luxembourg is legitimate, according to the EU’s General Court. The e-commerce giant therefore does not have to pay back 250mln euros in back taxes.
Sonae MC to accelerate rollout of Meu Super stores in Portugal
Portuguese retail group Sonae MC is planning to accelerate the rollout of its Meu Super franchised stores in Portugal and Cape Verde in 2021. Last year, the group opened 17 Meu Super proximity stores, taking the total to around 300 and generating revenue worth €171mln, corresponding to an annual growth of 14%. Since January, Sonae MC has already opened 7 Meu Super stores, out of a total of 25 planned for this year. Speaking to Dinheiro Vivo, the general manager of Meu Super, Tomás Lince Fernandes, said that for 2021 the plan is to accelerate the rate of new openings compared to