AI assistant
All for One Group SE — Earnings Release 2011
Feb 1, 2011
27_rns_2011-02-01_fd38c5e2-4759-45d0-9dbf-6660f4f8de4b.html
Earnings Release
Open in viewerOpens in your device viewer
News Details
Corporate | 1 February 2011 12:11
All for One Midmarket AG: Preliminary 3-Month Results for Financial Year 2010/11
All for One Midmarket AG / Key word(s): Preliminary Results
01.02.2011 / 12:11
All for One Midmarket AG: Preliminary 3-Month Results for Financial Year 2010/11
Preliminary results for the period 1 October to 31 December 2010:
– Sales: EUR 22.5 million (+12% over Oct – Dec 09)
– EBIT: EUR 1.4 million (+40% over Oct – Dec 09)
– EBIT outlook of approximately EUR 3.4 million for 2010/11 confirmed
Filderstadt, 1 February 2011 – All for One Midmarket AG, a leader in the German-language SAP midmarket segment, today published its preliminary results for the period of 1 October to 31 December 2010.
The SAP full-service provider improved sales revenues by 12% to EUR 22.5 million (Oct – Dec 2009: EUR 20.1 million). Recurring revenues from outsourcing services increased 12% to EUR 8.5 million (Oct – Dec 2009: EUR 7.6 million). The ongoing market success achieved as this important segment expands not only reinforces the strategy of being a one-stop shop for SAP in the midmarket segment, but also highlights its remarkable potential. Consulting revenues declined 3% to EUR 8.4 million EUR (Oct – Dec 2009: EUR 8.6 million). The sharp jump in licensing revenues, which rose by 53% from EUR 3.3 to 5.0 million in 3-month comparison, was the result of contracting numerous projects for new clients, whose need for consulting support as the year progresses is expected to be reflected in an increase in consulting revenues.
The EBITDA after 3 months was EUR 2.2 million (Oct – Dec 2009: EUR 1.9 million). The corresponding EBIT totalled EUR 1.4 million (Oct – Dec 2009: EUR 1.0 million), which led to an EBIT margin of 6.2% of sales (Oct – Dec 2009: 5.0%).
Stefan Land, the Chief Financial Officer of All for One Midmarket AG: »Business continues to pick up in our markets, namely the equipment and machinery manufacturing, automotive supplier and project services industries. Our good business performance is, however, attributable to our generally strong end-of-year business. I am pleased to reaffirm our previously announced projection for the financial year 2010/11 of an increase in revenues in the mid-single-digit range and an EBIT of approximately EUR 3.4 million«.
All for One Midmarket AG will be publishing its complete 3-month financial report as at 31 December 2010 as scheduled on 15 February 2011.
About All for One Midmarket AG
All for One Midmarket AG ranks as one of the leading SAP full-service providers for the mid-size business market where German is spoken. The SAP Gold Partner's portfolio comprises end-to-end solutions along the whole of the IT value chain – from SAP industry solutions to outsourcing services and application management. As a one-stop-shop for all SAP-related services, All for One Midmarket AG is a reliable general contractor for small and medium enterprises. With more than 400 employees, it serves over 1,000 clients among machinery and equipment manufacturers, automotive suppliers and project and engineering service providers. As a founding member of United VARs, the global network of leading SAP partners for small and medium enterprises, All for One Midmarket AG guarantees a comprehensive consulting and service portfolio as well as the best local support in more than 56 countries.
In the financial year 2009/10, All for One Midmarket AG achieved a turnover of EUR 78.8 million. Listed in the Prime Standard segment of the Frankfurt Stock Exchange (ISIN DE0005110001, WKN 511 000) the company is a subsidiary of BEKO HOLDING AG, which owns approximately 73% of its stock.
For the Editorial Department
An extensive picture gallery can be found under www.all-for-one.com/press-photos
Contact:
All for One Midmarket AG, Dirk Sonntag, Tel. 0049 (0)711 78807-260, E-Mail [email protected]
End of Corporate News
01.02.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
| Language: | English |
| Company: | 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, Düsseldorf, Hamburg, München, Stuttgart |
| End of News | DGAP News-Service |
| - - - |
| 110676 01.02.2011 |