diff --git a/re2c-1.1.1.tar.gz b/re2c-1.1.1.tar.gz
deleted file mode 100644
index ed89d72..0000000
--- a/re2c-1.1.1.tar.gz
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:856597337ea00b24ce91f549f79e6eece1b92ba5f8b63292cad66c14ac7451cf
-size 5907416
diff --git a/re2c-1.2.1.tar.xz b/re2c-1.2.1.tar.xz
new file mode 100644
index 0000000..af61cfe
--- /dev/null
+++ b/re2c-1.2.1.tar.xz
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:1a4cd706b5b966aeffd78e3cf8b24239470ded30551e813610f9cd1a4e01b817
+size 2059304
diff --git a/re2c-nogenerationdatedefault.patch b/re2c-nogenerationdatedefault.patch
deleted file mode 100644
index 90e7b47..0000000
--- a/re2c-nogenerationdatedefault.patch
+++ /dev/null
@@ -1,11 +0,0 @@
---- re2c-1.1.1.orig/src/conf/opt.h	2018-08-31 00:06:42.000000000 +0200
-+++ re2c-1.1.1/src/conf/opt.h	2019-03-11 01:05:35.827581766 +0100
-@@ -44,7 +44,7 @@
-     CONSTOPT1 (target_t, target, TARGET_CODE) \
-     CONSTOPT (std::string, output_file, "") \
-     CONSTOPT (std::string, header_file, "") \
--    CONSTOPT (bool, bNoGenerationDate, false) \
-+    CONSTOPT (bool, bNoGenerationDate, true) \
-     CONSTOPT (bool, version, true) \
-     CONSTOPT (bool, cFlag, false) \
-     CONSTOPT (bool, fFlag, false) \
diff --git a/re2c.changes b/re2c.changes
index 994530f..a8b8617 100644
--- a/re2c.changes
+++ b/re2c.changes
@@ -1,3 +1,11 @@
+-------------------------------------------------------------------
+Wed Aug 14 15:37:39 UTC 2019 - Martin Pluskal <mpluskal@suse.com>
+
+- Update to version 1.2.1:
+  * Lots of changes, see provided CHANGELOG
+- Drop no longer needed re2c-nogenerationdatedefault.patch
+- Enable profile guided optimization during build
+
 -------------------------------------------------------------------
 Mon Mar 11 00:09:53 UTC 2019 - Chris Coutinho <chrisbcoutinho@gmail.com>
 
diff --git a/re2c.spec b/re2c.spec
index a070470..1ca7075 100644
--- a/re2c.spec
+++ b/re2c.spec
@@ -17,14 +17,13 @@
 
 
 Name:           re2c
-Version:        1.1.1
+Version:        1.2.1
 Release:        0
 Summary:        Tool for generating C-based recognizers from regular expressions
 License:        SUSE-Public-Domain
 Group:          Development/Libraries/C and C++
 URL:            http://re2c.org/
-Source:         https://github.com/skvadrik/re2c/releases/download/%{version}/%{name}-%{version}.tar.gz
-Patch0:         re2c-nogenerationdatedefault.patch
+Source:         https://github.com/skvadrik/re2c/releases/download/%{version}/%{name}-%{version}.tar.xz
 BuildRequires:  bison
 BuildRequires:  gcc-c++
 
@@ -36,11 +35,19 @@ applications. The generated scanners approach hand-crafted ones in
 terms of size and speed.
 
 %prep
-%autosetup -p1
+%autosetup
 
 %build
 %configure
-make %{?_smp_mflags} V=1
+%if 0%{?do_profiling}
+  make %{?_smp_mflags} CFLAGS="%{optflags} %{cflags_profile_generate}" V=1
+  # do not run profiling in parallel for reproducible builds (boo#1040589 boo#1102408)
+  make CFLAGS="%{optflags} %{cflags_profile_generate}" check
+  make %{?_smp_mflags} clean
+  make %{?_smp_mflags} CFLAGS="%{optflags} %{cflags_profile_feedback}" V=1
+%else
+  make %{?_smp_mflags} CFLAGS="%{optflags}"
+%endif
 
 %install
 %make_install
@@ -49,11 +56,13 @@ make %{?_smp_mflags} V=1
 make check %{?_smp_mflags}
 
 %files
-%license README
-%doc doc/*.ps doc/sample.bib
+%license README.md
 %doc CHANGELOG
 %doc examples/
 %{_bindir}/re2c
 %{_mandir}/man1/re2c.1%{?ext_man}
+%dir %{_datadir}/re2c
+%dir %{_datadir}/re2c/stdlib
+%{_datadir}/re2c/stdlib/unicode_categories.re
 
 %changelog