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

Q1 2021 GFT Technologies SE Earnings Call Transcript

May 12, 2021 / 08:00AM GMT
Release Date Price: €18.7 (+0.11%)
Operator

Ladies and gentlemen, thank you for standing by. I am Sandra, the Chorus Call operator. Welcome, and thank you for joining today's conference call on Q1 2021 results of GFT Technology SE.

(Operator Instructions) I would now like to turn the conference over to Jochen Ruetz, CFO. Please go ahead, sir.

Jochen Ruetz
GFT Technologies SE - CFO, MD, Member of Executive Board & Member of the Administrative Board

Thank you very much. Good morning, everybody. I'm live from Stuttgart. I know it's a busy day today. It's a bank holiday tomorrow in Germany, so everybody is reporting today on Wednesday. I think it's quite crowded. So you guys are probably very busy. So let's jump right in and do this efficiently today.

Slide #2, we had a very good start into '21, but we already gave it away, right, by giving a top message on the 26th of April by already upgrading our guidance on that day. And of course, this is now also reflected in today's presentation. So increased demand for digitization solutions was what drove our first quarter. The revenue rose

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