GFT Technologies SE (LTS:0O2W)
€ 21.5 -0.15 (-0.69%) Market Cap: 566.01 Mil Enterprise Value: 599.58 Mil PE Ratio: 11.96 PB Ratio: 2.21 GF Score: 87/100
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Preliminary Q4 2020 GFT Technologies SE Earnings Call Transcript

Mar 04, 2021 / NTS GMT
Release Date Price: €14.98 (-7.99%)
Marika Lulay
GFT Technologies SE - CEO, MD, Chairman of Executive Board & Member of Administrative Board

Thank you very much. Good morning, ladies and gentlemen. Thank you all for attending our call for the preliminary numbers for 2020. The agenda today is like this, I'll shortly summarize the results of 2020. And then Jochen Ruetz, our CFO, will go into the details as usual. And then at the end, I'll share with you our outlook for 2021.

So please go to Slide #3. And I think it goes without saying that 2020 was without any doubt, a truly eventful year in which we, GFT, swiftly and successfully adapted to changing circumstances. And the fact that we were able to exceed our revenue guidance, which we gave in June last year, this demonstrates the strength of our business model and our strategy. And in terms of earnings, we are even well above target. Again, the target we set in June last year, and we expect further strong growth in 2021, but I'll come to that at the end of the presentation.

I do think it is remarkable that we achieved strong growth in our relatively young business with

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