GFT Technologies SE
ISIN: DE0005800601
WKN: 580060
25 January 2024 09:58PM

EQS-Adhoc: GFT Technologies SE: GFT strengthens its presence in Latin America with the acquisition of Sophos Solutions S.A.S., based in Colombia

GFT Technologies SE · ISIN: DE0005800601 · EQS - adhoc news
Country: Germany · Primary market: Germany · EQS NID: 1823163

EQS-Ad-hoc: GFT Technologies SE / Key word(s): Takeover/Expansion
GFT Technologies SE: GFT strengthens its presence in Latin America with the acquisition of Sophos Solutions S.A.S., based in Colombia

25-Jan-2024 / 21:58 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


GFT strengthens its presence in Latin America with the acquisition of Sophos Solutions S.A.S., based in Colombia

GFT Technologies SE, via its wholly-owned subsidiary GFT Technologies S.A., Madrid, Spain, today signed an agreement to acquire all shares in Sophos Solutions S.A.S. ("Sophos"), based in Bogotá, Colombia. The closing with the transfer of all shares is expected to take place at the beginning of February 2024. The purchase price is based on a company valuation of around USD 95 million (currently around EUR 87 million) and will be financed through the extension of existing credit lines and own funds.

Sophos is a leading partner for the digital transformation of large financial institutions in North and South America, with a focus on Colombia. The company specialises in the modernisation of core banking systems and cloud computing and currently employs more than 1,700 people. In addition to its home market of Colombia, Sophos has customer relationships in more than 10 countries, including Panama, Chile, Mexico and the USA. In 2022, the company generated revenue of around 257 billion Colombian pesos (currently around 60 million euros). Earnings before taxes (EBT) amounted to around 38 billion Colombian pesos (currently around 9 million euros). Sophos expects to have slightly increased its revenue in 2023. Due to underutilisation in the first half of 2023, Sophos expects earnings to be below the previous year.

With the acquisition of Sophos, GFT is further expanding its international presence with a new development centre, thereby gaining broader market and client access to Tier 1 and Tier 2 financial institutions in Latin America. The acquisition will increase the GFT Group's headcount by almost 20 per cent.

GFT will publish the preliminary figures for the financial year 2023 and the outlook for the financial year 2024 (including Sophos) as planned on 7 March 2024.

 

Contact:

Andreas Herzog
Head of Investor Relations & CSR Compliance
GFT Technologies SE
Schelmenwasenstraße 34
70567 Stuttgart
T +49 711 62042-383
Andreas.Herzog@gft.com
www.gft.com

 



End of Inside Information

25-Jan-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: GFT Technologies SE
Schelmenwasenstraße 34
70567 Stuttgart
Germany
Phone: +49 (0)711/62042-0
Fax: +49 (0)711/62042-301
E-mail: ir@gft.com
Internet: www.gft.com
ISIN: DE0005800601
WKN: 580060
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1823163

 
End of Announcement EQS News Service

1823163  25-Jan-2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1823163&application_name=news&site_id=boersengefluester_html

Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2019 2020 2021 2022 2023 2024 2025e
Sales1 428,98 444,85 566,19 730,14 801,74 870,92 885,00
EBITDA1,2 44,89 39,70 60,75 86,04 89,76 93,95 88,00
EBITDA-Margin3 10,46 8,92 10,73 11,78 11,20 10,79 9,94
EBIT1,4 21,33 16,33 40,92 65,55 68,40 70,99 65,00
EBIT-Margin5 4,97 3,67 7,23 8,98 8,53 8,15 7,35
Net Profit (Loss)1 13,66 9,94 29,89 46,25 48,36 46,48 40,00
Net-Margin6 3,18 2,23 5,28 6,33 6,03 5,34 4,52
Cashflow1,7 36,18 60,25 52,99 57,49 40,44 72,42 65,00
Earnings per share8 0,52 0,38 1,14 1,76 1,84 1,77 1,52
Dividend per share8 0,20 0,20 0,35 0,45 0,50 0,50 0,50
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: Deloitte

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
GFT Technologies
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
580060 DE0005800601 SE 485,45 Mio € 28.06.1999 Kaufen 8FWFP559+5Q
* * *
PE 2026e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
10,85 20,54 0,53 14,12 2,03 6,70 0,56
Dividends
Dividend '2023
in €
Dividend '2024
in €
Dividend '2025e
in €
Div.-Yield '2025e
in %
0,50 0,50 0,50 2,71%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
05.06.2025 08.05.2025 07.08.2025 13.11.2025 28.03.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
+0,11%
18,44 €
ATH 91,41 €
+3,17% -8,50% -16,56% -24,27% +140,42%

Advertising is an important revenue channel for us. But we understand, that sometimes it becomes annoying. If you want to reduce the number of shown ADs just simply login to your useraccount and manage the settings from there. As registered user you get even more benefits.
          Qualitätsjournalismus · Made in Germany © 2025          
The news manufactory

Good luck with all your investments

Founded in 2013 by Gereon Kruse, the financial portal boersengefluester.de is all about German shares - with a clear focus on second-line stocks. In addition to traditional editorial articles, the site stands out in particular thanks to a large number of self-developed analysis tools. All tools are based on a completely self-maintained database for more than 650 shares. As a result, boersengefluester.de produces Germany's largest profit and dividend forecast.

Contact

Idea & concept: 3R Technologies   
boersengefluester.de GmbH Copyright © 2025 by Gereon Kruse #BGFL