GK Software SE - Regulatory Filings 2016

News Details

Corporate | 28 January 2016 12:05

GK Software AG: World’s leading retailer opts for GK Software solutions

DGAP-News: GK Software AG / Key word(s): Incoming Orders

2016-01-28 / 12:05

The issuer is solely responsible for the content of this announcement.

The Lebensmittel Zeitung (German retail industry newspaper) reported yesterday that ALDI Nord has decided to use the POS and store solution, which is developed by GK Software and sold by SAP, and that an SAP partner will handle the implementation work.

The Management Board at GK Software is delighted that another of the world’s leading 50 retailers will be relying on the leading international solutions developed by the company and it views the step as confirmation of its plans for 2016. As a result, there will be no change to the forecast for this business year or the medium-term forecast for the next few years.

About GK Software AG

GK Software AG is a leading developer and provider of standard software for the retail sector, and currently counts 20 percent of the world’s 50 largest retailers among its customer base. The company offers an extensive range of solutions for stores and enterprise headquarters as well as for the implementation of contemporary omni-channel retail concepts. Thanks to its open and platform-independent software solutions in the GK/Retail Suite, the company has established itself as one of the market’s leading providers of technology and innovations. Its solutions enable retail chains with numerous stores to optimize their business processes and to benefit from significant potential for saving costs and implementing customer loyalty programs in order to improve their competitiveness. In addition to its own software solutions, GK Software AG also offers customers a comprehensive range of implementation and maintenance services. Having been acquired in 2013, AWEK GmbH and in 2015, the retail segment of DBS Data Business Systems Inc.

The company employs 729 members of staff (figures for 30 September 2015) across its headquarters in Schöneck (Germany) and other business locations in Germany, Czech Republic, Switzerland, South Africa, Russia and the USA. GK Software AG’s customers include many well-known retailers from both Germany and beyond, including Galeria Kaufhof, Parfümerie Douglas, Coop (Switzerland), EDEKA, Hornbach, JYSK Nordic, Lidl, Loblaw, Migros, Netto Marken-Discount and Tchibo. The software is currently being used at 212,000 installations across approximately 38,500 stores in more than 38 countries. The company has grown rapidly in recent years and its sales revenues totaled EUR 44.6 million in 2014. Since launching the company in 1990, the two founders Rainer Gläß (CEO) and Stephan Kronmüller (deputy board member), together with the experienced management team, have shaped GK Software AG into a profitable company exhibiting strong growth.

Further information about the company: http://www.gk-software.com

Contact

Investor Relations

GK Software AG

Dr. René Schiller

Phone: +49 (0)37464-84-264

Fax: +49 (0)37464-84-15

E-mail: [email protected]

2016-01-28 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Media archive at www.dgap-medientreff.de and www.dgap.de


Language:	English
Company:	GK Software AG
	Waldstraße 7
	08261 Schöneck
	Germany
Phone:	+49 (0)3 74 64 84 – 0
Fax:	+49 (0)3 74 64 84 – 15
E-mail:	[email protected]
Internet:	www.gk-software.com
ISIN:	DE0007571424
WKN:	757142
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Munich, Stuttgart