After the release of preliminary figures for fiscal year 2014, the Management Board of GK Software AG announces that the Group–s sales have reached 44.63 million Euros, up 5.1% from the prior year (2013=42.46 million Euros). EBITDA reached 0.04 million Euros after 3.34 million Euros in the prior year. With this, the Group reports a loss of 1.87 million Euros.
Because of delays in the preparation process, the final figures cannot be published on April 29, 2015 in the form of the annual report as previously planned. The publishing is expected to occur on May 15, 2015. No serious changes in figures are expected.
GK Software AG is a leading developer and provider of standard software for the retail sector, and currently counts 20 percent of the world–s 50 largest retailers among its customer base. 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 platformindependent 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 AG also offers customers a comprehensive range of implementation and maintenance services. Having been acquired in 2013, AWEK GmbH is now also part of the GK Software Group.
The company employs 593 members of staff (figures for 30 September 2014) across its headquarters in Schöneck (Germany) and other business locations in Germany, Czech Republic, Switzerland, South Africa, Russia and the 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, Loblaw, Migros, Netto Marken-Discount and Tchibo. The software is currently being used at 199,000 installations across approximately 37,700 stores in more than 38 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
You must be logged in to post a comment Login