Preliminary Figures Show Further Growth at GK SOFTWARE AG in 2011

Sales revenues rose by 14.7 percent to EUR 31.8 million / EBIT margin (on sales) reaches 21 percent

Schöneck, (PresseBox) - Preliminary figures reveal that GK SOFTWARE AG increased its sales by more than ten percent for the eighth time in succession in 2011. Sales rose to EUR 31.8 million during fiscal 2011 (EUR 27.7 million in the previous year). The margin on earnings before interest and taxes (EBIT) rose more than had been forecasted to a figure of 21 percent. The EBIT figure itself amounted to EUR 6.65 million, 3.4 percent higher than in the previous year (EUR 6.43 million).

GK Software AG

GK SOFTWARE AG is one of the leading technology developers and providers of standard software for the retail sector in Europe and has an extensive range of products for stores and enterprise headquarters. As a result of 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 on the market as a leading provider of technology and innovations. The software provides ideal business organization for retail companies with many stores and therefore offers significant potential for cost savings and customer loyalty programs so that companies can increase their competitiveness.

The company employs 428 members of staff (figures for 31 December 2011) at company headquarters in Schöneck and four other business locations in Berlin, St. Ingbert, Plzen (CZ) and Basel/Riehen (CH). GK SOFTWARE AG can list well-known German and foreign retail companies among its customers, including Galeria Kaufhof, Parfümerie Douglas, Coop (Switzerland), EDEKA, Hornbach, JYSK Nordic, Lidl, Netto Marken-Discount and Tchibo. The software is currently being used in more than 30 countries at 126,000 installations in approx. 26,500 stores in Germany and abroad. The company has grown rapidly during the past few years and its sales revenues totaled EUR 31.8 million in 2011 (preliminary figures). GK SOFTWARE AG achieved EBIT of EUR 6.65 million (EBIT margin of 21.0% on sales).

The two founders Rainer Gläß (CEO) und Stephan Kronmüller (deputy board member), in conjunction with an experienced management team, have made GK SOFTWARE AG a profitable company with strong growth since 1990.

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