GFT Technologies posts AI-driven growth but shares slip modestly

German software provider GFT Technologies continued its growth trajectory in the second quarter, attributing the performance to strong demand for artificial‑intelligence solutions. CEO Marco Santos said the company is on track to meet its annual targets of roughly €930 million in revenue and €71 million in adjusted EBIT.

Revenue rose 6 % year‑on‑year to €233 million, while adjusted operating profit increased 10 % to €16.5 million. In the first half of the year, GFT generated about €463 million in revenue and €33 million in profit before interest, taxes and special items, representing roughly half of its yearly goal. The Wynxx Agentic AI platform, now used by 113 corporate customers across twelve countries, contributed €24.4 million to first‑half revenue.

Despite the positive results, the GFT share fell modestly after the announcement, trading around 0.6 % lower and joining the losers in the SDAX index. The stock remains up about 23 % since the start of the year.