DGAP-News

GK SOFTWARE with a significant sales increase in the first half year 2014

DGAP-News: GK Software AG / Key word(s): Half Year Results
GK SOFTWARE with a significant sales increase in the first half year
2014

27.08.2014 / 19:05

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- Turnover increases by approx. 10 percent in comparison with the same
period in the previous year

Schöneck, 27 August 2014 - GK SOFTWARE AG was able to increase its turnover
by 9.8 percent to EUR 20,21 million during the first half of 2014 (for the
first six months of 2013 the figure was EUR 18,4 million). The EBIT
results totalled EUR -1.33 million, following a figure of EUR -1.00 million
for the comparable period in 2013. The EBIT margin related to sales
amounted to -6.6 percent. The loss per share was EUR 1.14. Without one-off
effects (Euro 0,41k), the EBIT for the second quarter 2014 was slightly
positive.

Based on information currently available, the Management Board believe that
with a continuing favorable business trend the GK SOFTWARE will continue
to expand its sales over with the previous financial year and achieve the
forcasted earnings expectations.

About GK SOFTWARE AG
GK Software AG is one of Europe's leading technology developers and
providers of standard software for the retail sector, and offers an
extensive range of products for stores and enterprise headquarters. Thanks
to its open software solutions in the GK/Retail Suite, which can be used
with any platform and is fully programmed in Java, the company has
established itself as one of the retail market's leading providers of
technology and innovations. Its software enables retail chains with
numerous stores to optimally manage their business operations, offering
them significant potential for saving costs and implementing customer
loyalty programs and hence helping them to improve their competitiveness.

The company employs 550 members of staff (figures for 31 March 2014) across
its headquarters in Schöneck (Germany) and other business locations in
Germany, Czech Republic, Switzerland, Russia and USA. GK Software AG's
customers include many well-known retailers from both Germany and beyond,
including Galeria Kaufhof, Parfümerie Douglas, Coop (Switzerland), EDEKA,
Hornbach, JYSK Nordic, Lidl, Migros, Netto Marken-Discount and Tchibo. The
software is currently being used at 188,000 installations across
approximately 33,300 stores in more than 35 countries. The company has
grown rapidly in recent years and its sales revenues totaled EUR 42.5
million in 2013. 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 AG into a
profitable company exhibiting strong growth.

Further information about the company: http://www.gk-software.com

Contact

Investor Relations
GK Software AG
Dr. René Schiller
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]



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27.08.2014 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: GK Software AG
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: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, München, Stuttgart


End of News DGAP News-Service
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