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All for One Group SE Earnings Release 2006

Mar 14, 2007

27_rns_2007-03-14_82dc7061-9712-422d-94f0-e2add38329b5.html

Earnings Release

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News Details

Ad-hoc | 14 March 2007 09:30

AC-Service Significantly Boosts Sales and EBITA, Major Tax Expense Leads to a Loss for the Year

AC-Service AG / Preliminary Results

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.


AC-Service Significantly Boosts Sales and EBITA, Major Tax Expense Leads to
a Loss for the Year

Sales increase by 63% to EUR 72.9 million. EBITA improves from EUR 1.1
million to EUR 2.4 million. Major income tax expense predominantly with no
impact on liquidity. Earnings per share of minus 35 euro cents (prior year:
22 euro cents).

Stuttgart, 14 March 2007 – AC-Service AG yesterday submitted its
preliminary consolidated financial statements to the supervisory board in
which for the 2006 financial year it reported sales of EUR 72.9 million
(prior year: EUR 44.7 million), an EBITA of EUR 2.4 million (prior year:
EUR 1.1 million) and an EBIT of EUR 1.4 million (prior year: EUR 0.8
million). This means that sales surpassed the range announced in the
outlook of the last annual report published in March 2006 and the EBITA
just achieved the projection. The earnings per share (IFRS) were minus 35
euro cents (prior year: 22 euro cents) despite the positive EBITA.
Contributing to this, in addition to a financial result of minus EUR 0.7
million (prior year: EUR 0.3 million) burdened by one-time costs, was a
major income tax expense of EUR 2.6 million (prior year: EUR 0.1 million),
which for the most part had no impact on liquidity. The income tax payments
in 2006 with an impact on liquidity totalled only EUR 0.6 million (prior
year: EUR 0.4 million).

AC-Service AG will be publishing its annual general report on 28 March
2007.

More information available at www.ac-service.com


Information and Explaination of the Issuer to this News:

Background Information on AC-Service AG
Operating primarily in Germany, Austria and Switzerland, AC-Service AG is
an industry focussed full-scale IT service provider for the mid-size
business market. Market observers rank AC-Service AG among the leading
companies serving the German-language market for SAP and HR services.
AC-Service AG features a number of established brands including AC,
ACCURAT, All for One, Process Partner and KWP. Originating in Switzerland,
the AC Group has been operating for over 45 years, has amassed an
impressive track record and now serves over 1,200 clients. With
wide-ranging expertise in the whole of the IT value chain, AC implements
integral solutions providing SAP licenses and software maintenance,
industry solutions, business consulting, business intelligence, managed IT
services on a 'leading edge technology basis', payroll and human capital
management as well as HR business process outsourcing. With its outstanding
service culture and extensive industry know-how, the AC Group makes claim
to a quality leadership and is regularly recognised with awards for
outstanding customer satisfaction and service quality. AC-Group currently
employs around 420 staff members (prior year: around 300). AC-Service AG is
listed in the Prime Standard segment of the Frankfurt Stock Exchange (ISIN
DE0005110001, WKN 511 000) and is a subsidiary of BEKO HOLDING AG, which
owns approximately 52 percent of its stock.

Contact:
AC-Service AG, Dirk Sonntag, Tel. 0049 (0)711 78807-260, eMail
[email protected]

DGAP 14.03.2007

Language: English
Issuer: AC-Service AG
Schockenriedstr. 7
70565 Stuttgart Deutschland
Phone: 07 11-7 88 07-260
Fax: 07 11-7 88 07-222
E-mail: [email protected]
www: www.ac-service.com
ISIN: DE0005110001
WKN: 511000
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Hannover, Düsseldorf, Hamburg, München,
Stuttgart

End of News DGAP News-Service