PRESS RELEASE : GK Software posts strong results in first quarter

DGAP-News: GK Software SE / Key word(s): Quarterly / Interim Statement 
GK Software posts strong results in first quarter 
2021-05-27 / 13:37 
The issuer is solely responsible for the content of this announcement. 
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  . 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). 
These results were achieved on the basis of two new customer acquisitions in Germany and Mexico, strong business with 
existing customers, and the ongoing implementation of the measures in the company's efficiency program. The company's 
performance also backs up the Management Board's forecast for the whole of 2021, which continues to be supported by a 
strong sales pipeline and additional sales from Deutsche Fiskal starting in the second quarter. The sale of AWEK 
microdata has no impact on the forecast. 
The quarterly report is available for download at https://investor.gk-software.com/en/publications/financial-reports? 
task=download&cid=844. 
About GK Software SE 
GK Software SE is a leading developer and provider of standard software for the retail sector, and currently counts 22 
percent of the world's 50 largest retailers among its customer base. According to a study published by RBR 2020, the 
Company is one of the leading international providers of POS software and is the fastest growing business in the 
industry in terms of the number of installations worldwide (without Hospitality and Petrol). The company offers an 
extensive range of solutions for stores and enterprise headquarters as well as for the implementation of contemporary 
omni-channel retail concepts. Thanks to its open and platform-independent software solutions in the GK/Retail Suite, 
the company has established itself as one of the market's leading providers of technology and innovations. Its 
solutions enable retail chains with numerous stores to optimize their business processes and to benefit from 
significant potential for saving costs and implementing customer loyalty programs in order to improve their 
competitiveness. In addition to its own software solutions, GK Software SE also offers customers a comprehensive range 
of implementation and maintenance services. Having been acquired in 2012, AWEK GmbH and in 2015, the retail segment of 
DBS Data Business Systems Inc. In 2017, the company acquired a majority shareholding in prudsys AG, a company focused 
on artificial intelligence. In 2018, the valuephone GmbH was acquired, which develops leading solutions for mobile 
consumers. 
The company employs 1,162 members of staff (figures for 31 December 2020) across its headquarters in Schöneck (Germany) 
and other business locations in Germany, Czech Republic, Switzerland, South Africa, Russia, Ukraine and the USA. GK 
Software SE's customers include many well-known retailers, including Adidas, Edeka, Lidl, Aldi, Coop (Switzerland), 
Netto Marken-Discount, Hornbach, Migros, Grupo Kuo and Walmart. The software is currently being used at almost 500,000 
retail and payment installations across approximately 100,000 stores in more than 60 countries. The company has grown 
rapidly in recent years and its sales revenues totaled EUR 117.6 million in 2020. Since launching the company in 1990, 
the two founders Rainer Gläß (CEO) and Stephan Kronmüller (deputy board member), together with the experienced 
management team, have shaped GK Software into a profitable company exhibiting strong growth. 
Further information about the company: www.gk-software.com 
Contact 
Investor Relations 
GK Software SE 
Dr. René Schiller 
Phone: [phone] 
Fax: [phone] 
E-mail: [e-mail] 
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2021-05-27 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      GK Software SE 
              Waldstraße 7 
              08261 Schöneck 
              Germany 
Phone:        [phone] - 0 
Fax:          [phone] - 15 
E-mail:       [e-mail] 
Internet:     www.gk-software.com 
ISIN:         DE0007571424 
WKN:          757142 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Munich, Stuttgart, 
              Tradegate Exchange 
EQS News ID:  1201460 
 
End of News   DGAP News Service 
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1201460 2021-05-27

 
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(END) Dow Jones Newswires

May 27, 2021 07:38 ET (11:38 GMT)