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    GKS   DE0007571424

GK SOFTWARE SE

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GK Software : establishes office in France and showcases innovative solutions at Paris Retail Week

09/15/2021 | 09:42am EDT

GK Software has opened a French subsidiary in Paris. The retail-focused software provider of in-store and omnichannel solutions already has thousands of installations across retail outlets in France and is pleased to see interest in its solutions continuing to accelerate in this important European market.

At Paris Retail Week, taking place at the Paris Expo Porte de Versailles from 28-30 September 2021, GK Software will showcase a number of key innovations for the retail industry: For example, the latest version of the CLOUD4RETAIL unified software platform meets the requirements of every retail format, whether grocery, convenience, fuel, hospitality or fashion. Retailers can now operate very different sales formats with one integrated solution. The flexible, open platform provides a limitless modern retail experience, from hypermarkets to petrol stations to retail gastronomy.

Using GK Software's all-in-one platform eliminates the need to operate different solutions for individual retail formats, enabling faster innovation. As a headless commerce solution, CLOUD4RETAIL offers a unified platform that can quickly adapt to changes across all retail segments.

The focus of the trade fair stand in Paris is to show that the entire GK software portfolio is also available as a native cloud solution and is offered as software-as-a-service. Remote installations and updates for the in-store systems are commissioned by the customers in the cloud and carried out by GK Software. As a genuine enterprise cloud solution, CLOUD4RETAIL offers retailers numerous advantages: Individual customisations and further enhancements are just as possible as major retail customers were previously accustomed to when using the classic GK Software on-premises solutions. With the new product retailers can map out their enhancements and specifications at any time via the cloud to enhance their competitiveness.

In addition, GK Software will present its new developer portal Omnibasket.com in Paris. This enables developers in retail companies as well as start-ups to very quickly and easily integrate innovations such as unattended goods registration or innovative kiosk systems into the GK Software's CLOUD4RETAIL platform, which is used by leading retailers worldwide.

Disclaimer

GK Software SE published this content on 15 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2021 13:41:01 UTC.


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Sales 2021 136 M 158 M 158 M
Net income 2021 14,6 M 16,9 M 16,9 M
Net Debt 2021 2,55 M 2,96 M 2,96 M
P/E ratio 2021 24,7x
Yield 2021 -
Capitalization 347 M 403 M 403 M
EV / Sales 2021 2,57x
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Nbr of Employees 1 094
Free-Float 46,5%
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Last Close Price 154,50 €
Average target price 196,00 €
Spread / Average Target 26,9%
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Rainer Glń▀ Chief Executive Officer
AndrÚ Hergert Chief Financial Officer
Philip Reimann Chairman-Supervisory Board
Thomas Bleier Deputy Chairman-Supervisory Board
Herbert Zinn Member-Supervisory Board
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