on GFT Technologies AG (ETR:GFT)
Strong Performance by GFT Technologies in Q2
GFT Technologies SE has reported impressive results for the second quarter of 2026, demonstrating accelerated growth and improved profitability. Sales increased by 6.1% year-over-year (yoy) to €233 million, surpassing the growth rate of the first quarter. Adjusted EBIT also rose by 9.9% to €16.5 million, with the margin slightly improving to 7.1%.
The growth was primarily driven by the Americas and APAC regions, with sales climbing 16% yoy, fueled by dynamic business in Brazil and Colombia. Europe saw a decline of 3% yoy, though Spain and Switzerland showed strong performance, offsetting weaker outcomes in Germany and the UK.
Additionally, a notable increase in the order backlog by 18% yoy to €484 million bolsters the visibility for the second half of the year. This growth is supported by new contracts and positive client sentiment towards high-value IT services.
R. E.
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