GFT Group has disposed of emagine, its staffing business. The disposal transforms GFT into an IT services pure-play focused on the banking sector. GFT has also made a small acquisition in Spain, which boosts its presence in Spain and Mexico, strengthens its offerings in the digital banking space and adds new service offerings in digital communication and marketing. The impact of the deals is a modest upgrade for our EPS forecasts. We continue to believe there is a good likelihood of earnings
31 Jul 2015
IT services pure-play focused on banks
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IT services pure-play focused on banks
GFT Group has disposed of emagine, its staffing business. The disposal transforms GFT into an IT services pure-play focused on the banking sector. GFT has also made a small acquisition in Spain, which boosts its presence in Spain and Mexico, strengthens its offerings in the digital banking space and adds new service offerings in digital communication and marketing. The impact of the deals is a modest upgrade for our EPS forecasts. We continue to believe there is a good likelihood of earnings