Gft Technologies Se · XETR:GFT

Gft Technologies — Corporate Update (July 2017)

8 slides from Gft Technologies's corporate update, Jul 10, 2017

  1. Slide 1: Guidance Update 2017

    Guidance Update 2017 GFT Technologies SE Marika Lulay (CEO), Dr Jochen Ruetz (CFO) 10 July 2017

  2. Slide 2: Management Summary

    TRACKER Management Summary  Continued cost-containment programmes of two major investment banking customers in the UK and North America result in cancellations and reduction in spend for projects previously anticipated in our pipeline  Robust business model: stable margins - despite top line reduc

  3. Slide 3: Guidance 2017

    TRACKER Guidance 2017 Revenue: € 425m EBITDA: € 42.0m EBT: € 26m (prev.: € 450m) (prev.: € 48.5m) (prev.: € 35m)  € 37m less revenue than planned with  Margins from projects in line with initial  Depreciation expected higher at € -6.5m Top-2 investment banking customers guidance, but missing cont

  4. Slide 4: Revenues by client groups (in €m)

    TRACKER Revenues by client groups (in €m) Guidance Guidance Guidance Guidance Guidance new Guidance new Actuals - in €m - (old) (new) new vs old new vs old vs Actuals 2016 vs Actuals 2016 2016 2017 2017 [€m] [%] [m€] [%] Investment Banking (IB) 204 210 180 -30 -14% -24 -12% Top 2 clients 158 163 126

  5. Slide 5: Revenues per segment (in €m)

    TRACKER Revenues per segment (in €m) Guidance Guidance Guidance new Guidance new Actuals Guidance (old) Guidance (new) - in €m - new vs old new vs old vs Actuals 2016 vs Actuals 2016 2016 2017 2017 [€m] [%] [m€] [%] Americas & UK 219 239 204 -35 -15% -15 -7% Continental Europe 201 208 219 11 5% 18 9

  6. Slide 6: Operating profit and M&A effects (in k€)

    TRACKER Operating profit and M&A effects (in k€) Guidance (old) Guidance (new) - in k€ - 2015 2016 2017 2017 Operating Profit 45,486 46,780 50,500 44,800 Restructure 0 0 -1,000 -1,800 Earn-Out accruals 0 0 -1,000 -1,000 PPA orderbook -931 -69 0 0 EBITDA 44,555 46,711 48,500 42,000 Depreciation -5,15

  7. Slide 7: Guidance 2017 and mid-term guidance

    TRACKER Guidance 2017 and mid-term guidance Revenue 800 Revenue EBITDA EBT EBITDA margin 12% +4% +2% +6% +5% -13% +6% -6% 48.5 -26% +13% 46.7 35.0 44.6 32.5 33.1 423 450 425 374 42.0 26.0 2015 2016 2017 old 2017 2015 2016 2017 old 2017 2015 2016 2017 old 2017 new new new 2020 ->2022  Cost-containme

  8. Slide 8: Shaping the future of digital business

    TRACKER Shaping the future of digital business GFT Technologies SE GFT Technologies SE GFT Technologies SE Marika Lulay Dr Jochen Ruetz Andrea Wlcek CEO CFO Head of Investor Relations Schelmenwasenstraße 34 Schelmenwasenstraße 34 Schelmenwasenstraße 34 70567 Stuttgart 70567 Stuttgart 70567 Stuttgart

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