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BRIEF-GK Software Q1 EBITDA up at EUR 1.0 mln
May 23, 2017 / 2:02 PM / 4 months ago

BRIEF-GK Software Q1 EBITDA up at EUR 1.0 mln

May 23 (Reuters) - GK SOFTWARE AG

* WAS ABLE TO SIGNIFICANTLY EXCEED ITS TURNOVER FOR PREVIOUS YEAR OF EUR 15.44 MILLION - BY APPROX. 30 PERCENT; FIGURE FOR Q1 OF 2017 WAS EUR 20.12 MILLION

* Q1 EBITDA AT EUR 1.0 MILLION WERE SIGNIFICANTLY HIGHER THAN PREVIOUS YEAR‘S FIGURE OF EUR (0.48) MILLION

* Q1 EBIT TOO AT EUR 0.17 MILLION EXCEEDED PREVIOUS YEAR‘S FIGURE OF EUR (1.47) MILLION TO A SUBSTANTIAL DEGREE

* CONTINUES TO EXPECT COMPANY TO BE ABLE TO INCREASE ITS TURNOVER IN COMPARISON WITH PREVIOUS YEAR IN LINE WITH EXPECTATIONS; AND IT IS STANDING BY ITS FORECAST FOR YEAR 2017 AND MEDIUM TERM, AS PUBLISHED IN FINANCIAL STATEMENT FOR 2016 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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