GFT Technologies Reports 10% Revenue Growth, Unveils Five-Year Strategy

GFT Technologies SE achieved its 2024 guidance with a 10% revenue increase to EUR 871 million and a 6% rise in adjusted EBIT to EUR 77 million. The company announced a new five-year strategy to become fully AI-centric by 2029, aiming for revenues of EUR 1.5 billion and an adjusted EBIT margin of 9.5%. Focused on AI, GFT plans to enhance its services with strategic client expansions and a new Global Delivery Platform.

The company's achievements include key sector growth: banks and industrial clients at 12% and 10%, respectively. In 2025, GFT expects continued growth with a revenue forecast of EUR 930 million, despite a predicted 12% EBIT decline due to higher investments.

Major opportunities have driven GFT's trajectory, especially in generative AI solutions like AI Impact. GFT's significant market presence is further validated by AWS partner awards and strong performance in Continental Europe and the Americas.