$GFT (+1,69%)

On March 5, 2025, GFT Technologies SE published its preliminary results for the financial year 2024 and presented a new five-year strategy. The company achieved revenue growth of 10 percent to EUR 870.92 million and adjusted EBIT of EUR 77.44 million, an increase of 6 percent. Operating cash flow improved significantly to EUR 72.42 million compared to EUR 40.44 million in the previous year. GFT plans to increase revenue to around EUR 1.5 billion by 2029 and achieve an adjusted EBIT margin of 9.5 percent.

The new strategy aims to transform GFT into a fully AI-centric company. CEO Marco Santos emphasizes the need to act proactively to seize the opportunities of digital transformation. Strategic initiatives include focusing on Tier 1 clients, developing a modern global delivery platform and investing in high-value offerings such as the generative AI product "AI Impact". This product has already achieved significant productivity gains in customer projects and has been recognized by major platforms such as Amazon Web Services and Microsoft.

n 2024, business with banks and industrial clients grew particularly strongly, while the insurance sector remained stable. GFT recorded above-average growth in Europe, particularly in Germany and Spain, and achieved revenue growth of 18 percent in Brazil. The integration of the acquired Sophos Solutions was successfully completed and led to new strategic orders.

For 2025, GFT expects revenue growth of 7 percent to around EUR 930 million, but a decline in adjusted EBIT of 12 percent to around EUR 68 million due to higher investments and efficiency measures. Despite these challenges, the equity ratio remains stable at 42 percent and the Board of Directors proposes a dividend of EUR 0.50 per share.

Overall, GFT shows a solid financial development and a clear growth strategy based on the use of AI technologies to strengthen its market position and increase profitability in the long term.

https://www.wallstreet-online.de/nachricht/19078863-gft-technologies-starkes-umsatzwachstum-ki-strategie-2029

$GFT (+1,69%)

Prior to this, he was Communication & Strategy Executive at the US company Palantir for three years.

New job for Jan Hiesserich: The 45-year-old has been working as Group Chief Communications, Marketing and Strategy Officer for GFT Technologies since February 2025.

GFT is an IT and software company based in Stuttgart and listed on the S-Dax. Hiesserich's position was newly created.

He most recently worked as a consultant for the defense tech company Auterion. Prior to that, he was Vice President of Strategy & Communications at Aleph Alpha. He only joined the Heidelberg-based AI company in January 2024.

Previously, Hiesserich worked for the British communications consultancy Maitland and, from mid-2015, as Managing Director at Hering Schuppener (now FGS Global). In 2020, he became Head of CEO Communications & Strategic Positioning at the Walldorf-based software group SAP, and from the beginning of 2021 he was Communication & Strategy Executive at the US company Palantir for three years.

https://www.new-business.de/_rubric/detail.php?rubric=K%D6PFE&nr=820220

https://www.prreport.de/singlenews/uid-969528/gft-technologies-holt-jan-hiesserich/

HAUCK AUFHÄUSER INVESTMENT BANKING rates GFT TECHNOLOGIES AG as 'Positive'

HAMBURG (dpa-AFX Analyser) - Hauck Aufhäuser Investment Banking has lowered the price target for GFT Technologies from 42 to 40 euros, but left the rating at "Buy". Market dynamics should improve for the IT service provider in 2025, wrote analyst Simon Keller in a study published on Friday. This is supported by the latest figures from competitors. In addition, a shift towards artificial intelligence can be observed./mf/gl

https://www.wallstreet-online.de/nachricht/19005344-hauck-aufhaeuser-investment-banking-stuft-gft-technologies-ag-positiv

Hello my dears,

Today I'd like to give you a brief analysis of my portfolio in funnel form.

The upper funnel represents the core and the lower funnel the satellites.

What is striking here is the high cluster risk in Nvidia $NVDA (-6,04%) and GFT technology $GFT (+1,69%)

However, as I am still convinced of the two stocks, I am sticking with the large position. Nvidia is one of the largest positions in many ETFs, so I would almost include it in the core.

In the crypto area, I am still 0.89% in Defi Tech $DEFI (+0%) and0.88% in Bitcoin $BITC (-5,81%) which I will increase. Unfortunately, these positions were cut off at the bottom of the funnel.

I look forward to opinions and comments.

$GFT (+1,69%)
$NVDA (-6,04%)

The financial sector is undergoing a fundamental transformation thanks to artificial intelligence (AI). While other industries have already experienced extensive automation cycles in the past, the financial industry is now noticeably catching up in terms of digitalization. GFT Technologies believes it is well positioned to benefit from this.

As a provider of IT services and software development, GFT Technologies has a high level of consulting and development expertise in forward-looking technologies such as cloud engineering, mainframe modernization - and also in the field of artificial intelligence (AI).

"Creating a powerful IT infrastructure is an important prerequisite for implementing AI solutions. We can offer our customers everything they need to anchor the new technologies in their business model and thus increase productivity," says CFO Jochen Ruetz, setting the direction.

But that's not all: "In our AI.DA Marketplace, we have collected numerous AI solutions and tools that are already being used in various industries. These range from systems for visual quality control, which we have implemented at several of the world's leading car manufacturers, for example, to fraud detection and compliance solutions for insurance companies and banks," says the CFO.

With "GFT AI Impact", a suite that automates and accelerates software development processes thanks to generative AI, the Swabians have also already proven that various sub-steps of the process can be accelerated by 50 to 90 percent. "We expect our data and AI expertise to give our core business a noticeable boost, especially in the area of platform modernization at financial institutions," says Ruetz.

To further exploit the AI megatrend, GFT has entered into a cooperation with Nvidia. "Nvidia has created a range of software tools that we want to use to develop customized AI applications. These include digital twins and visual inspection systems," says Ruetz. A digital twin is a virtual image of a product or process that can provide valuable insights into product development thanks to the comprehensive exchange of data.

"We will also be working with Nvidia to fine-tune open source language models (LLMs) for banks and insurance companies. With these customized LLMs, financial service providers can improve the performance of AI agents and optimize processes such as fraud detection, customer service and risk mitigation," the CFO goes into further detail.

Background: Nvidia's AI tools use open-source language models and therefore offer a high degree of flexibility and adaptability. They can be run in the cloud or on site, depending on customer requirements. "Since the source codes are accessible, they are explainable - unlike other providers whose models are black boxes. This makes it easier to comply with legal regulations," says the CEO.

But that's not all: "The EDGE solutions developed by Nvidia and the Omniverse platform are truly unique selling points: thanks to EDGE computing, very low latencies are possible, which is essential for many industrial applications. And the Omniverse platform enables particularly precise digital twins.

CONCLUSION

While the German economy is dominated by concerns about the lack of an upturn in demand, the IT sector is showing the first signs of growth at the start of the year. The main driver is business with AI. In addition, banks' IT systems, most of which are still outdated, are an obstacle to the rapid market launch of new financial products. Banks are therefore being forced to migrate their IT architecture to next-generation platforms. In the end, GFT Technologies is suitably positioned to benefit from these trends in the long term. If the next figures show that the operational trough has been passed, the share, which is favorably valued with a P/E ratio of 0.6 and a P/E ratio of 12, should already be trading significantly higher. Risk-conscious investors can use the current level to build up or expand a position.

https://www.deraktionaer.de/artikel/aktien/gft-technologies-mit-nvidia-power-aus-der-talsohle-das-steckt-dahinter-20372831.html

GFT Technologies - IT service provider for the banking sector has an important growth driver with its new AI product. $GFT (+1,69%)

AI is establishing itself everywhere in both business and private life. According to Focus Money (issue 51/2024), it is a technology that is here to stay and will now also find its way into the banking sector. GFT Technologies [WKN: 580060, ISIN: DE0005800601] is the IT service provider for the banking sector that will make this possible in the coming years.

Founded in 1987, the company has always been the point of contact for banks when it comes to digitalization issues. In recent years, the SDAX-listed group has also adapted its software solutions for insurers and industrial customers.

Now the aim is to leverage the AI potential of banks with the "GFT AI Impact" solution. The AI-based product is designed to accelerate the software development process for clients. It is easy to integrate into existing software structures and can be used in a variety of ways.

According to GFT, the use of "GFT AI Impact" should lead to productivity increases of between 50% and 90% for clients. GFT was already able to acquire 10 new customers in the 3rd quarter of the current financial year. A total of over 170 license agreements have been concluded.

The AI product has the potential to become an important growth driver for the SDAX company. GFT can expect positive effects from the de-regulation plans of the new US government under Donald Trump. After all, the Trump administration wants to enable banks to earn more from 2025 onwards and will thus create financial leeway for generous investments in the company's own IT systems.

Due to GFT's strong presence in Latin America, the company could also increasingly act as an important contact for banks in the USA in the future. With a P/E ratio of 10 for 2025, the stock is valued favorably. Focus Money recommends buying with a target price of 39 euros (61% potential).

https://aktien-mag.de/blog/gft-technologies-it-dienstleister-fur-den-bankensektor-hat-mit-neuem-ki-produkt-einen-wichtigen-wachstumstreiber/p-132529

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- BOFA raises the price target for WALMART from USD 95 to USD 105. Buy. $WMT (-1,6%)

- JEFFERIES raises the price target for WALMART from USD 100 to USD 105. Buy. $WMT (-1,6%)

- HAUCK AUFHÄUSER IB raises the target price for RHEINMETALL from EUR 680 to EUR 750. Buy. $RHM (+2,85%)

- WARBURG RESEARCH raises the target price for RHEINMETALL from EUR 600 to EUR 700. Buy. $RHM (+2,85%)

- JPMORGAN raises the price target for SALESFORCE from USD 310 to USD 340. Overweight. $CRM (-5,58%)

- WARBURG RESEARCH raises the target price for LEG IMMOBILIEN from EUR 81.60 to EUR 90.50. Hold. $LEG (+5,65%)

- DEUTSCHE BANK RESEARCH raises the price target for HEIDELBERG MATERIALS from EUR 116 to EUR 137. Buy. $HEI (-1,16%)

- KEPLER CHEUVREUX raises the price target for GFT TECHNOLOGIES from EUR 31 to EUR 32. Buy. $GFT (+1,69%)

- ODDO BHF raises the target price for TALANX from EUR 76 to EUR 78. Underperform. $TLX (-1,64%)

- KEPLER CHEUVREUX raises the target price for THYSSENKRUPP from EUR 3.70 to EUR 3.80. Hold. $TKA (-1,73%)

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- STIFEL lowers the price target for BAYER from EUR 36 to EUR 28. Hold. $BAYN (-0,18%)

- LBBW downgrades ENI from Buy to Hold and lowers target price from EUR 16.70 to EUR 15. $ENI (-4,3%)

- WARBURG RESEARCH lowers the target price for SFC ENERGY from EUR 29 to EUR 27. Buy. $F3C (+4,62%)

- WARBURG RESEARCH lowers the target price for TECHNOTRANS from EUR 23 to EUR 21. Buy. $TTR1 (-1,52%)

- DEUTSCHE BANK RESEARCH lowers the price target for CUREVAC from USD 3.90 to USD 2.50. Hold. $CVAC (-2,8%)

- BERENBERG lowers the price target for ASTRAZENECA from GBP 150 to GBP 140. Buy. $AZN (+2,86%)

Is AI now making financial institutions better and causing a mega-revolution? $GFT (+1,69%)

Artificial intelligence has only been a topic on the markets for just under two years, since ChatGPT celebrated its launch. But it is already clear that the technology will disrupt the economy like perhaps no other before it. The financial sector, where personnel costs play a decisive role, could be particularly affected by this.

Is AI now making financial institutions better and causing a mega revolution? Is there a threat of significant job cuts at the same time? And how can investors best benefit from this development?

At least if you listen to the experts, the banking sector is facing a major transformation. After all, of all industries, the financial sector appears to have the greatest need for automation (see chart below). In fact, the first effects of this are already becoming apparent, as BPER Banca, an Italian banking group, has already announced its intention to save ten percent of its workforce by 2027 through technology-driven productivity improvements. A corresponding analysis by Citigroup suggested that the transformation thanks to artificial intelligence is likely to claim the most jobs in the banking sector.

The reason for this is that the majority of tasks in the financial system can be automated (see chart below).

Background: Many processes such as lending, audit processes etc. are extremely time-consuming due to the amount of data that is processed, as well as the government regulations and internal company rules that must be adhered to. It is also hoped that there will be less need for monitoring due to the lower error rate of AI compared to human decisions. AI systems will also take over the work of fraud detection in the future. The bottom line is that this will lead to significantly lower staffing requirements.

Massive efficiency gains are to be expected

However, while this is negative news for the workforce, for banks and their shareholders it means the prospect of a leap in profits. After all, German financial institutions alone spent 48.4 billion euros on their employees in 2024. In Europe, each employee costs a financial institution an average of 84,000 euros (data from 2022).

Companies have therefore already recognized their opportunity, not least due to the massive increase in demand for experts in the field of artificial intelligence.

By the way: This article appeared a few weeks ago in Euro am Sonntag. It contains weekly analyses on current topics

GFT maintains growth momentum. $GFT (+1,69%)

Everything negative is priced in for the IT service provider. AI projects increase organic growth. Adesso and GFT are market favorites.

Strong growth in the banking sector, launch of GFT AI Impact product accelerated

Revenue grew by 10 percent to EUR 646 million in the first nine months of 2024

Adjusted EBIT increased by 10 percent to EUR 57 million

GenKI product GFT AI Impact gains traction

Expansion of client base in the US and UK, important new contract with Bancolombia thanks to Sophos Solutions

Outlook for 2024 changed: revenue of EUR 865 million, adjusted EBIT of EUR 77 million

Stuttgart, 14 November 2024 - GFT Technologies SE (GFT) maintained its growth momentum in revenue and earnings in the first nine months of 2024 in a persistently challenging market environment. Both consolidated revenue and adjusted EBIT rose by 10 percent compared to the same period last year. This was driven by the strong performance in the banking sector, which recorded growth of 14%. Growth was particularly dynamic in Brazil, GFT's largest market, as well as in most key European markets.

GFT AI Impact is also gaining traction: this generative AI-based product, which accelerates the software development process, can increase productivity by 50 to 90 percent. It includes advanced automated prompts for story creation, code refactoring, code analysis, review and fixes as well as vulnerability checks and comprehensive program documentation. In the last quarter, GFT has won ten new customers for the product, sold over 170 licenses and is currently running more than 20 proofs of concept.

https://www.boersennews.de/nachrichten/meldungen/eqs/eqs-news-gft-haelt-wachstumsdynamik-aufrecht/4614288/

Summary Earnings, 14.11. 👇🏼

Siemens AG Q4 24 Earnings: $SIE (-7,02%)

- Orders At 22.93Bln Euros (est 21.36 Bln Euros)

- Revenue Rising 1% To 20.81 Bln Euros (est 20.77 Bln Euros)

- Profit 3.12 Bln Euros (est 3.0 Bln Euros)

- Net Income Of 1.90 Bln Euros (est 1.80 Bln Euros)

Swiss Re Q3 24 Earnings: $SREN (-0,06%)

- Net Income Of $2.2 Billion For The First Nine Months Of 2024

- 9m Return On Investments (ROI) Of 3.9%; Recurring Income Yield Of 4.0%

- Return On Equity (ROE) Of 13.4% For First Nine Months Of Year

- Still Expects To Achieve A Group Net Income Of More Than $3 Billion For 2024

- Currently Expects Losses Resulting From Hurricane Milton To Be Less Than $300 Mln, Which Will Impact Group Results In Q4 2024

E.ON SE 9M 24 Earnings: $EOAN (+5,4%)

- Adj EBIT EU4.37B, -23% (Y/Y)

- Sales EU56.28B, -19% (Y/Y)

- Still Sees FY Adj EBITDA EU8.8B To EU9B, (est EU8.94B)

- Still Sees FY Adj Net EU2.8B To EU3B (est 2.92B)

Deutsche Telekom AG Q3 24 Earnings: $DTE (+0,37%)

- Net Income EUR 2.957B (est EUR 2.396B)

- Adjusted EBITDA AL EU11.10B (est 11.05B)

- Rev EU28.50B (est 28.39B)

- Sees FY Adj EBITDA Al About EU43B

ASML is sticking to its long-term goals and plans to increase sales to between 44 and 60 billion euros by 2030, with a gross margin of 56 to 60 percent. Despite the current difficult market conditions, ASML CEO Christophe Fouquet sees promising long-term prospects for the semiconductor industry, especially due to the AI trend. $ASML (-7,33%)

Talanx expects a record profit of over 1.9 billion euros for 2024 and a surplus of over 2.1 billion euros for 2025. The profit increase will be supported by primary insurance and new targets are to be presented at the Capital Markets Day on December 11. $TLX (-1,64%)

Nagarro increased sales by 3.7 percent to 242.9 million euros in the third quarter and adjusted EBITDA by a good eight percent to 34.6 million euros. The company is adjusting its revenue forecast for 2024 to 960 million euros and expects an EBITDA margin of over 14 percent. $NA9 (-8,73%)

Adesso recorded an increase in turnover of 15 percent to 330 million euros in the third quarter and a 37 percent rise in operating profit to 38.9 million euros. Jörg Schroeder will step down as Chief Financial Officer on April 30, 2025; his successor will be Michael Knopp from January 15, 2025. $ADN1 (+0,43%)

Dermapharm increases turnover in the first nine months by just under three percent to 890.1 million euros, while adjusted EBITDA falls slightly to just over 240 million euros. However, consolidated net income rose to just under 93 million euros, and the Group CEO is optimistic for the final quarter. $DMP (-1,3%)

Energiekontor sees itself on course for its annual targets after nine months with an expected pre-tax result of EUR 30 to 70 million, although the upper end of the range will not be reached due to the below-average wind year. Three projects with 79 MW have already been commissioned this year and several more projects are currently being marketed. $EKT (+0,47%)

The financial services provider MLP increased revenue by twelve percent to EUR 746 million in the first nine months and EBIT by almost half to EUR 66 million. The company confirms its forecast for 2024 with EBIT of between EUR 85 and 95 million and expects EBIT of EUR 100 to 110 million in 2025. $MLP (-2,6%)

GFT Technologies is again lowering its annual targets and now expects revenue growth of 10 percent to around EUR 865 million and adjusted EBIT of around EUR 77 million. Profit before taxes is expected to fall to around EUR 65 million, as the environment remains challenging and momentum in the coming months will be lower than expected. $GFT (+1,69%)

ProSiebenSat.1 is lowering its forecast for the year due to weak TV advertising revenues and expects an adjusted operating result of less than EUR 575 million. The Group plans to sell Flaconi and Verivox in order to invest in Joyn, programs and debt reduction. $PSM (+0,35%)

Wacker Neuson is again lowering its annual targets and now expects revenue of EUR 2.2 to 2.3 billion and an EBIT margin of 5.5 to 6.5 percent. In the third quarter, the company reports a drop in revenue of over 20 percent and a 61 percent fall in EBIT. $WAC (+2,07%)

Cewe confirms its annual targets with sales of between 770 and 820 million euros and an EBIT of 77 to 87 million euros, with the upper half of the ranges being targeted. The company generates most of its profits in the Christmas quarter and posts a marginally positive EBIT in the summer quarter, despite increased marketing expenditure. $CWC (-1,63%)

Merck KGaA reports a 1.8 percent increase in sales to 5.3 billion euros in the third quarter, while the adjusted operating result rises by 12 percent to over 1.6 billion euros. CEO Belén Garijo announces that sales for 2024 are expected to be in the lower half of the previous range. $MRK (-1,95%)

Bilfinger records revenue growth of 15 percent to just under EUR 1.3 billion in the third quarter and increases operating profit by 35 percent to EUR 76 million, supported by good demand and the latest acquisition. The Executive Board confirms the adjusted annual targets with an increase in revenue to EUR 4.8 to 5.2 billion for 2024, also taking into account a savings program and special effects from the integration of Stork. $GBF (+1,84%)

K+S is revising its production forecast for 2024 downwards due to high sickness rates and now expects an operating result (EBITDA) of around EUR 540 million. In the third quarter, the company reports a decline in sales and EBITDA, with profits exceeding analysts' expectations but remaining below consensus estimates for the full year. $SDF (-0,18%)