Preliminary half-year figures & forecast update
H1 2025: Sales increased from € 429.6 million to € 441.5 million, adjusted EBIT almost constant at € 30.1 million (+1.5 %) .
EBT fell from € 30.05 million (H1/2024) to € 19.02 million - without the one-off effect of € +10.5 million from the previous year, the development would have remained linear .
Forecast for full year 2025 has been adjusted:
Sales: from € 930 million → **€ 885 million**
Adjusted EBIT: from €75 million → **€65 million**
EBT: of €60 million → **€45 million** .
📌 Reasons: Appreciation of the euro, weaker business in the UK and structural measures in the UK and Germany.
Outlook & strategic goals
The management confirms a positive development in the second half of the year, even if expectations at the beginning of the year were not met everywhere.
For 2029, GFT targets: Revenue of €1.5 billion and adjusted EBIT margin of 9.5%, driven by AI investments, high-margin services, smartshore expansion and targeted acquisitions .
