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Schöneck, 8. November 2012 – According to preliminary figures, GK SOFTWARE AG’s results in the first three quarters of financial year 2012 are showing a slight increase on last year.
At EUR 22.40 million, turnover is 10.6 percent up on the same reporting period last year (9M 2011=EUR 20.26 million), resulting in a total operating performance of EUR 23.77 million in the first nine months of 2012, compared with EUR 22.21 million in the previous year. Based on these figures, the company has achieved EBIT of EUR 2.49 million, thus producing an EBIT margin of 11.1 percent on sales (9M 2011=13.9%).
Looking ahead to the fourth quarter, the company’s sales pipeline is filled with an above-average number of leads including a large proportion of international prospects. However, the executive board cautions that achievement of the current year’s business objectives may be at risk due to delays to a number of key projects which had been scheduled for earlier completion. These will now be completed in the second half of the fourth quarter at the soonest, which could result in expected turnover from new customers not being realised until the next financial year.
Despite the present difficulties in estimating 4th quarter earnings, the company’s executive board expects to see further sales growth and stable profit in the financial year 2013.
As the biggest independent supplier of 1st and 2nd level support services as well as nationwide field services to the German retail sector, the AWEK-Group ideally complements the GK SOFTWARE AG retail service offering. Furthermore, the AWEK Group sells software to several leading German retailers including Globus, bakery chain Kamps, book wholesaler KNV and Strauss Innovation, all of whom will be new customers for GK SOFTWARE. The AWEK-Group generated revenues of EUR 12.3 million in 2011.
The acquisition should comprises purchase of the company shares in both the AWEK-Group holding and AWEK GmbH and assumption of the AWEK-Group’s financial liabilities. The parties agreed not to disclose the volume of the transaction. The completion of the transaction is planned for this year.
Schöneck, 12. November 2012 – GK SOFTWARE AG, an SAP® software solution and technology partner in the retail sector, will be exhibiting the first Point-of-Sale (POS) solution worldwide on the SAP HANA® platform at the SAPPHIRE® NOW conference being held in Madrid, November 13-15. This solution will enable retail customers to use the latest technologies down to the POS system level. This will result in a wide variety of potential savings and opportunities for optimizing performance, helping customers to address business-critical challenges in the retail sector.
At SAPPHIRE NOW, GK SOFTWARE (booth 1018) will be holding several roundtable discussions, a microforum and a presentation highlighting the benefits resulting from the cooperation with SAP in extending solutions from GK SOFTWARE. One presentation will highlight the SAP Point-of-Sale application by GK leveraging the capabilities and benefits of SAP HANA. By integrating with SAP HANA, the application will reduce the time needed to access information critical to a retailer’s business, leading to better optimized retail operations.
Michael Jaszczyk, CTO at GK SOFTWARE, commented: “SAP HANA will have a massive impact on retail. We believe it is truly the enabling platform that will unleash the power of omni-channel services in cloud environments."
SAP HANA is a completely re-imagined platform for real-time business. It transforms business by streamlining transactions, analytics, planning, predictive and sentiment data processing on a single, in-memory database so business can operate in real time.
“The utilization of SAP HANA provides our retail customers with the tools needed to positively impact and effectively run their retail operations in a way that best serves their customers,” said Thomas Vetter, senior vice president, Retail & Multichannel Product Management, and Lori Mitchell-Keller, senior vice president and head of Global Retail Industry Business Unit, SAP. “Our partnership with GK Software is an important component of the SAP Retail solution portfolio. Our strategic relationship has been further strengthened by the development investment GK Software has made in integrating SAP HANA with its solutions. Leveraging SAP HANA is yet another step to optimize our end-to-end solution portfolio for retail customers.”
SAP, SAP HANA, SAPPHIRE and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries.
All other product and service names mentioned are the trademarks of their respective companies.
SAP Forward-looking Statement
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
Schöneck, 24 May 2012 – The first quarter of fiscal 2012 was once again a highly successful business operating period for GK SOFTWARE AG.
Sales rose by 11 percent to a figure of EUR 7.45 million (EUR 6.72 million in Q1 2011) in comparison to the same period in the previous year. Earnings before interest and taxes (EBIT) increased even more strongly to a figure of EUR 1.38 million following a figure of EUR 1.17 million in the same reporting period in the previous year. In terms of sales, the EBIT margin in the first quarter reached 18.5 percent (17.4% in Q1 2011). This provided earnings per share of EUR 0.63 (EUR 0.38 in Q1 2011).
The Management Board believes that these figures provide confirmation of its general fore-cast. It continues to expect sales to grow during the whole of fiscal 2012 and previous profit-ability levels to be maintained.
The full quarterly report will be published at the following addresses on 29 May 2012.
German:
http://investor.gk-software.com/veroeffentlichungen/financial-reports?task=download&cid[0]=99
English:
http://investor.gk-software.com/veroeffentlichungen/financial-reports?task=download&cid[0]=100
Schöneck, 17 August 2012 – GK SOFTWARE AG continued its growth path during the first half year of fiscal 2012.
Compared to the same period in the previous year, sales rose according to provisional figures by 12.4% to EUR 16.24 million (HY 2011 = EUR 14.45 million). Earnings before interest and tax (EBIT) rose to EUR 2.99 million, following a figure of EUR 2.49 million in the same reporting period in the previous year. As a result, the company had an EBIT margin of 18.4% related to sales during the first half year (HY 2011 = 17.2%). Earnings per share during this period were EUR 1.30.
Based on this provisional figures the Management Board believes that its forecast is justified and it is expecting noticeable growth for the complete year in 2012, while the company maintains the profitability levels achieved in the past.
Schöneck, 16. February 2012 – GK SOFTWARE AG is using this year’s EuroCIS fair in Düsseldorf to present a variety of new solutions that will help shape the current changes in the fields of mobile processes, channel integration and interaction with consumers.
The retail sector currently faces an enormous quantum leap in the use of technology, which is mainly being powered by the rapid and more widespread use of new classes of devices like smartphones and tablets and the rapid development of the mobile Internet. GK SOFTWARE AG views itself as an active driving force in new technologies and this surge of innovative ideas and is presenting many new developments from its extensive Business Suite for the retail trade at the EuroCIS and some enhancements of existing ideas too.
One highlight at the fair will be the latest development of the leading POS solution made by GK SOFTWARE AG under the iOS operating system, which has already been in productive use at Parfümerie Douglas since 2011. The software is available in native forms on iPhones/iPods and iPads and handles every till process that is used on stationary systems. It is fully integrated and can map the complete payment process. GK/Retail Mobile POS permits new dimensions in customer services regardless of whether the customer is located inside or outside a store.
Another central exhibit at the GK SOFTWARE AG stand is the current version of the StoreWeaver Enterprise Edition, which is able to completely handle store merchandise management processes with a direct link to an SAP central system. An iOS variant of the mobile component will be on display at the fair for the first time too; this will enable corporations to handle merchandise management processes on a mobile iPad in a much clearer way. Fully integrated in the SAP components like SAP Netweaver, SAP POS DM or Instore MIM, StoreWeaver EE provides mobile process support for all the store processes online and offline and Store Device Control for the direct end-to-end integration of the store’s complete peripheral equipment. These software components are being used in EDEKA’s Lunar Project, among others, and are being directly marketed by SAP under the “SAP Store Device Control by GK” and “SAP Mobile Offline Store by GK” names.
New dimensions in customer services are available as a result of an integrated software solution for mobile self-scanning and mobile checkout operations and these will be on display at the EuroCIS for the first time in conjunction with our partner corporation, valuephone. This allows registered customers to check in at a store with their smartphone and then scan their basket of goods during their shopping session. They can finish their shopping activities at the checkout point directly in the app, receive their receipt and can then open an appropriate gateway, for example, The innovative slim solution therefore links up self-scanning, checkout services, mobile couponing and mobile payment on the consumer’s device and can be seamlessly integrated in the stationary POS system and an all-round mobile marketing concept.
GK SOFTWARE AG is opening a complete Postbank branch for the duration of the fair together with its business partner, Postbank. This will demonstrate how classic banking business can be handled with a software package, which is based on GK/Retail POS. The functions available in the field of retail banking are particularly interesting for the retail sector; they allow companies to handle cash withdrawals, payments, savings book entries or enquiries about the balance in an account during the normal sales process. The whole process operates within GK/Retail and not in a separate system. Even the cash handling facility – for both notes and coins – is fully integrated in GK/Retail. This reduces costs for obtaining cash and increases the level of security in this sensitive area.
The GK/Retail Business Suite now has a fully integrated solution for open PC scales called Open Scale. This enables retailers to efficiently operate various types of scales made by different manufacturers with the same software as their tills, prevent any isolated solutions within their stores and use dual vendor strategies without any compromise. Open Scale has been certified for use by the relevant testing body.
At the EuroCIS the whole GK/Retail Business Suite is presented for the first time in a new look & feel. In a close cooperation with themost experienced GUI designers all GK/Retail modules from mobile devices and POS systems to the back office went thru a complete redesign. This enables the leading solution for all store operations a state-of-the-art graphical user interface in all components to satisfy even the highest ergonomic demands.
The partner company valuephone will also be presenting its products designed to make direct mobile customer contact in a comprehensive manner at the GK SOFTWARE AG stand. valuephone is one of the first providers in the world to put into productive operation a 360 degree marketing solution including mobile couponing and mobile payment at major retailers, and it has, for example, developed the consumer apps for Netto Marken-Discount and EDEKA. Together with IBM, there will also be a fully-integrated version of GK/Retail POS on display at an IBM self-checkout.
Düsseldorf, 29. February 2012 – Parfümerie Douglas has been presented with the 2012 RETA Award in the “best instore solution” category at a special ceremony held at the EHI Retail Institute in Düsseldorf.
The prize awarded by an international jury acknowledges the first productive use of mobile till software based on the iOS operating system. Parfümerie Douglas has been testing the mobile till solution provided by GK SOFTWARE AG on 4th generation iPod touch devices in several stores since November 2011.
Link to the press release issued by the EHI Retail Institute:
http://www.ehi.org/presse/pressemitteilungen/detailanzeige/article/smart-phones-apps-qr-codes-bringen-schwung-in-den-einkauf-von-morgen.html
Schöneck, 22. February 2012 – GK/Retail Open Scale is now available for the retail sector.
As one of the first software companies in the world GK SOFTWARE AG is offering a fully fledged solution for PC-based scales, entirely independent of the platform used. The company believes that it has gained an excellent position at an early stage to cope with the current trend of replacing proprietary software with open, PC-based systems. The new software breaks this field’s customary link between hard- and software and therefore opens up a very large market, previously inaccessible to GK SOFTWARE.
The new solution will be available from GK SOFTWARE directly and through partners as well. An important requirement for the sales start was approval by Physikalisch-Technische Bundesanstalt (PTB), Germany’s national metrology institute, to operate Open Scale on PC-based retail scales.
The GK SOFTWARE’s Management Board is expecting an increase in sales potential as a result of the sales release of GK/Retail Open Scale.
Regensdorf / Walldorf / Schöneck — 23 February 2012 — The Swiss business group Valora is equipping its kiosks and other small-outlet stores with the leading till and store software, SAP Point-of-Sale by GK, in the German-speaking world and Luxembourg. This software not only handles classic till operations, but also many processes linked to accounting, loyalty & promotions, digital signage and store management. SAP Point-of-Sale by GK will allow Valora to integrate all its store processes in its central SAP system, optimize its range of services at sales outlets and increase the efficiency of its operations. Valora has many sales outlets and is the leading micro-retailer in the German-speaking world.
The Valora kiosk and train station bookstores in Switzerland, Germany and Luxembourg stock newspapers and magazines, tobacco products, food and non-food goods and provide services as standard features. The company operates approx. 1200 sales outlets in its home country, Switzerland; its brands there include k kiosk, avec., Press & Books and Caffè Spettacolo. After taking over the Lekkerland subsidiary, Convenience Concept, in January 2012 (subject to approval by the German anti-trust authorities), Valora now has 1500 outlets in Germany operating under the k kiosk, CIGO and ServiceStore DB brands. Valora needs software so that it can operate its sales outlets efficiently from a central location; this is the only way that it will be able to survive and continue to grow with its small retail stores spread over such a large area. But there is another important issue: The new software has to link up with the SAP systems and components seamlessly. SAP Point-of-Sale is exactly designed to meet this kind of situation.
«The POS software from SAP enables us to manage as many sales outlets as we need from a central office – regardless of whether they are located in Germany, Switzerland or another country,» says Markus Guggenbühler, CIO at Valora. «This is extremely important for our growth strategy. One of our goals is to expand as a European micro-retailer through inorganic growth. Having this POS software, which we can adapt to new conditions and requirements at any time, we are helping the retail sector to reach its goals.» Enterprise headquarters will become the service provider for the stores. It will make available all the functions required at local stores and information without any time delay. This not only means reduced maintenance costs, but also savings in the hardware that is required.
The «Valora 4 Growth» strategy aims to achieve annual growth in sales of about 10 percent, increase operating results by approx. 15 percent per annum and therefore up the EBIT margin to 3 or 4 percent by 2015. This is a clear statement in the eyes of Stephan Sieber, Sales Director, SAP (Schweiz) AG: «You can only set these kinds of goals if you’re certain that you can meet them. Valora has shown that it knows how to set up the correct infrastructure to achieve its ambitious goals. In opting for the SAP Point-of-Sale by GK, Valora has demonstrated that it’s relying on a combination of innovation and proven systems for its till software.»
SAP Point-of-Sale by GK is the market-leading till and store software, which SAP has migrated to SAP software standards in conjunction with GK SOFTWARE AG, which is based in Saxony. This software has many advantages: It is not only flexible and efficient, but also has a broad range of functions available in the standard package. For example, it allows cashiers to immediately check whether empties vouchers are genuine or not at any till. The POS software also supports many kinds of customer loyalty features: It is possible, for example, to grant customers a discount for their next shopping spree based on the goods that they have bought and send coupons to the customer’s cell phone. Special conditions and special rates, freely configurable discounts or support for almost any number of different promotions illustrate just a few more of the possibilities provided by SAP Point-of Sale by GK.
The central component in SAP Point-of-Sale by GK runs on SAP NetWeaver, the technical platform of the SAP architecture. The till software is connected to the ERP system via the SAP NetWeaver Process Integration program. Data is automatically shared between enterprise headquarters and individual sales outlets. And the SAP Solution Manager also provides an overview of what is happening in all the systems. This means that operators can intervene immediately at any time if unexpected developments take place. SAP Point-of-Sale by GK supports a broad spectrum of hardware equipment in stores: ranging from a two-line display to the classic combination of keyboard and screen and even touch devices.
Valora is a retail company trading in consumer goods; it specializes in micro-retail outlets and operates in selected niche markets. The Valora Retail division operates kiosks across Europe and other micro-retail outlets at locations used by large numbers of people. They include kiosks, convenience sales outlets and catering facilities in the Swiss, German, Luxembourg and Austrian markets. Valora is the market leader for micro-retail outlets, at locations used by large numbers of people and with standardized formats in the German-speaking world. Valora is the second-largest micro-retailer in Europe. You can obtain more information by visiting www.valora.com.
SAP AG is the market leader for corporate software and it enables corporations of any size or in any sector to operate their business profitably, adapt continually and grow in a sustainable way. SAP enables people and organizations to work together more efficiently and use business information more effectively than their rivals – regardless of whether this is in the back-office area or on the management board floor, in warehouses or at shelves in stores, or on a desktop or a mobile terminal. More than 183,000 customers (including Sybase customers) rely on SAP applications and services in order to meet their goals more easily. You can obtain more information by visiting www.sap.ch or www.sap.de.
Schöneck, 01. Nov. 2011 – Aufsichtsrat und Vorstand der GK SOFTWARE AG freuen sich mitteilen zu können, dass die Gesellschaft Herrn Michael Jaszczyk als Vorstand Technologie und Herrn Oliver Kantner als Vorstand Operations gewinnen konnte.
Herr Jaszczyk übernimmt zum 01. November 2011 das Vorstandsressort Technologie und Entwicklung von Herrn Stephan Kronmüller, der der Gesellschaft als stellvertretender Vorstand auch weiterhin verbunden bleibt. Herr Kronmüller wird sich als Leiter des GK FutureLab insbesondere der Entwicklung von Zukunftstechnologien widmen. Der bisherige Vorstand Operations Herr Ronald Scholz scheidet zum 31. Oktober 2011 aus dem Vorstand der Gesellschaft aus; Aufsichtsrat und Vorstand danken Herrn Scholz für die langjährig geleistete ausgezeichnete Arbeit für die Gesellschaft.
GK SOFTWARE AG
Waldstraße 7
08261 Schöneck
Deutschland
WKN 757142
ISIN DE0007571424
(Ende der Ad-hoc-Mitteilung)
The Retail Innovators