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All for One Group SE — Earnings Release 2008
Mar 10, 2009
27_rns_2009-03-10_7fcda88b-9580-4cb8-80e7-5ec6e8fcf52f.html
Earnings Release
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Ad-hoc | 10 March 2009 19:40
All for One Midmarket AG: Final Figures for Financial Year 2008
All for One Midmarket AG / Final 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.
All for One Midmarket AG: Final Figures for Financial Year 2008
Sales for 2008 increased 9% to EUR 85.2 million / EBIT slips to minus EUR
0.8 million (prior year: EUR 1.4 million / Earnings after taxes of EUR 1.6
million (plus 34%) / Equity ratio of 45% (end of prior year: 38%) /
Disposable cash and cash equivalents increase to EUR 8.1 million (end of
prior year: EUR 5.6 million) / Key Outsourcing Services business grows by
18%
Filderstadt, 10 March 2009 - The Supervisory Board of All for One Midmarket
AG today approved the consolidated financial statements dated 31 December
2008. These statements show that the annual revenues for this leading
full-service provider for SAP in countries where German is spoken increased
from EUR 78.1 million to EUR 85.2 million (plus 9%). Following record
investments made in two new and mirrored high-end data centers, the
recurring revenues from Outsourcing Services (EUR 28.9 million; plus 18%
compared to 2007) proved to be the growth drivers and already account for
some 1/3 of total revenues. Significant increases were also posted in
revenues from consulting services (EUR 34.2 million; plus 12%) and software
licenses (EUR 14.4 million; plus 13%).
The 2008 EBIT was minus EUR 0.8 million (prior year: EUR 1.4 million). This
sharp drop is attributable not only to an increase in risk provisioning in
view of the economic downturn, but predominantly to the growth-related
restructuring of the company that led among other things to record
investments of about 8% of the annual revenues. The number of employees at
the end of the 2008 year rose by 12% to 503 people (31 December 2007: 449
people) and the staffing level increased 11% to 471 full-time equivalents.
Together with the net earnings of EUR 3.1 million (prior year: EUR 0.0
million) from the discontinued and since sold business division, All for
One Midmarket AG improved its earnings after taxes from EUR 1.2 million in
2007 to EUR 1.6 million in the financial year just ended. This corresponds
to earnings per share of 28 euro cents (prior year: 22 euro cents).
The balance sheet as at 31 December 2008 was strengthened significantly by
the conclusion of new and long-term financing agreements. The equity ratio
improved from 38% (31 December 2007) to 45% (31 December 2008). Disposable
cash and cash equivalents as at 31 December 2008 totalled EUR 8.1 million
(31 December 2007: EUR 5.6 million) while the net debt was reduced by 32%
from EUR 5.9 million to 4.0 million (31 December 2008).
All for One Midmarket AG will be publishing its complete 2008 consolidated
financial statements as scheduled during its financial results press
conference in Filderstadt on 24 March 2009. In addition, an analyst
presentation will be held in Frankfurt on 25 March 2009.
Information and Explaination of the Issuer to this News:
About All for One Midmarket AG
All for One Midmarket AG which operates primarily in Germany, Austria and
Switzerland, is an industry focussed IT full-service provider for the
mid-size business market. Market observers rank All for One amongst the
leading players in the German-language SAP midmarket segment. The Group
features established brands including All for One, AC, Process Partner, KWP
and serves over 1,000 clients. Its portfolio comprises end-to-end solutions
along the whole of the IT value chain - from SAP industry solutions for the
midmarket to outsourcing services and application management. All for One
Midmarket AG pursues a clear growth strategy and achieved a Group turnover
of EUR 85.2 million in 2008.
All for One Midmarket 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 57% of its stock.
www.all-for-one.com/english
For the Editorial Department
Logos and trademarks of All for One Midmarket AG and an extensive picture
gallery can be found under www.all-for-one.com/english.
Contact:
All for One Midmarket AG, Dirk Sonntag, Tel. 0049 (0)711 78807-260, eMail
[email protected]
10.03.2009 Financial News transmitted by DGAP
Language: English
Issuer: All for One Midmarket AG
Gottlieb-Manz-Straße 1
70794 Filderstadt-Bernhausen
Deutschland
Phone: +49 (0)711 78 807-260
Fax: +49 (0)711 78 807-222
E-mail: [email protected]
Internet: www.all-for-one.com
ISIN: DE0005110001
WKN: 511000
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service