GFT Technologies SE
LSE:0O2W
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GFT Technologies SE
LSE:0O2W
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GFT Technologies SE
GFT Technologies SE is engaged in providing information technology solutions and services in the financial industry. The company is headquartered in Stuttgart, Baden-Wuerttemberg and currently employs 7,718 full-time employees. The firm divides its activities into two divisions: GFT (formerly GFT Solutions) and Emagine. The firm specializes in designing and implementing IT solutions for the financial services industry. The company is engaged in the design, delivery and maintenance of customized Information Technology solutions. The firm also designs business models to optimize and mobilize banking processes for the financial sector. In addition, it is engaged in the provision of sourcing IT specialists and consultancy services for companies in various sectors. In addition, the Company manages external Information Technology service providers for its clients. The firm's subsidiaries are present in Brazil, Germany, France, Italy, the United Kingdom, Spain, Switzerland and the United States.
GFT Technologies SE is engaged in providing information technology solutions and services in the financial industry. The company is headquartered in Stuttgart, Baden-Wuerttemberg and currently employs 7,718 full-time employees. The firm divides its activities into two divisions: GFT (formerly GFT Solutions) and Emagine. The firm specializes in designing and implementing IT solutions for the financial services industry. The company is engaged in the design, delivery and maintenance of customized Information Technology solutions. The firm also designs business models to optimize and mobilize banking processes for the financial sector. In addition, it is engaged in the provision of sourcing IT specialists and consultancy services for companies in various sectors. In addition, the Company manages external Information Technology service providers for its clients. The firm's subsidiaries are present in Brazil, Germany, France, Italy, the United Kingdom, Spain, Switzerland and the United States.
Revenue: GFT reported 9-month revenue of EUR 655 million, up 2% in euros and 5% in constant currency, showing continued client demand and resilience.
Profitability: EBIT adjusted was EUR 46 million, with a margin of 7%, but down 16% year-over-year due to challenges in the U.K. and Software Solutions units.
Guidance: The company confirmed full-year 2025 guidance for revenue of EUR 885 million (2% growth in euros; 5% in constant currency) and EBIT adjusted of EUR 65 million at a 7.3% margin.
AI Momentum: The Wynxx AI platform expanded to 8 countries, with active clients up 38% quarter-over-quarter and a total contract value of EUR 42 million.
Regional Growth: Outstanding double-digit growth was reported in Brazil (27%), APAC (22%), Colombia (19%), and the USA (18%), while Europe and the U.K. saw declines.
Turnaround Progress: Restructuring in the U.K. and Software Solutions is showing early improvements, but U.K. remains a profitability drag.
Order Book: Order backlog is down 1% in euros but up 3% in constant currency, with Europe still challenged but strong pipelines in Brazil, U.S., and APAC.
Cash Flow: Free cash flow is expected at EUR 35 million for the year, despite lower profitability and increased working capital needs.