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GK SOFTWARE AG Enjoys a Successful First Quarter
- Sales revenues grow by 25% compared to the same period last year
- EBIT increases by 20% in comparison with the first quarter of 2009
GK SOFTWARE AG was able to continue its successful course during the first quarter of this year. Sales rose by 25% to EUR 5.75 million (EUR 4.59 million in the previous year) according to the quarterly figures released today. The EBIT at EUR 1.06 million exceeded the previous year's figure by 20% (Q1 in 2009: EUR 0.86 million).Total operating performance rose by 34.8% to EUR 6.17 million (EUR 4.58 million in Q1 in 2009). In terms of sales, the company achieved an EBIT margin of 18.4%. Earnings per share were EUR 0.44 after the first three months of 2010. The Management Board has confirmed its forecast of double digit growth in sales for the current business year with continuing good levels of profitability.
The complete business report has been published at the following address: http://investor.gk-software.com/de-ipo-news/financial-reports/q1-interim-report-10
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