All for One Group SE — Earnings Release 2013

Nov 7, 2013

News Details

Ad-hoc | 7 November 2013 13:23

All for One Steeb AG: Strong preliminary figures for financial year 2012/13

All for One Steeb AG / Key word(s): Preliminary Results

07.11.2013 13:23

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All for One Steeb AG - Strong Preliminary Figures for Financial Year
2012/13

• Sales (preliminary): EUR 186.3 million (+22% over prior year)

• EBITA (preliminary): EUR 13.7 million (+63% over prior year)

• EBIT (preliminary): EUR 10.5 million (+76% over prior year)

• Net debt almost halved to EUR 6.2 million (30 Sep 12: EUR 12.3 million)

• Results far exceed 2012/13 forecast

• Outlook for 2013/14

Filderstadt, 07 November 2013 - All for One Steeb AG, the leader in the
German-speaking SAP midmarket segment, today published its preliminary
(unaudited) figures for the period 1 October 2012 to 30 September 2013.

Following a very robust 4th quarter (Jul - Sep 2013), this SAP full-service
provider improved its full-year sales figures for 2012/13 by 22% to EUR
186.3 million (2011/12: EUR 153.2 million). Gains were posted by all three
pillars of its integrated business model, namely recurring outsourcing
services (including software maintenance), consulting and SAP licenses.
Sales revenues from outsourcing services rose 25% to EUR 86.8 million
(2011/12: EUR 69.7 million) and now account for a 47% share (2011/12: 46%)
of total sales. Revenues from the sale of SAP licenses exceeded
management's own expectations and totalled EUR 26.7 million, which is a
plus of one percent. The biggest gain of all was in consulting revenues,
which increased 27% to EUR 68.5 million (2011/12: EUR 53.8 million). The
revenues in 2012/13 attributable to acquisitions totalled approximately EUR
11.5 million. This means that of this revenue growth of 22%, some 14
percentage points resulted from organic growth and about 8 percentage
points from recent acquisitions.

The preliminary EBITA increased 63% to EUR 13.7 million. The EBIT clearly
outperformed sales development by increasing 76% to EUR 10.5 million
(2011/12: EUR 6.0 million). The EBIT margin amounted to 5.6% (2011/12:
3.9%). The preliminary EBT was EUR 8.8 million (2011/12: EUR 5.0 million),
which is a plus of 75%. The net debt was almost halved from EUR 12.3
million (30 September 2012) to EUR 6.2 million. The headcount rose to 926
as at 30 September 2013 (30 September 2012: 712).

These preliminary results far exceeded the forecast for the financial year
2012/13 of sales of EUR 180 million and an EBIT of EUR 9 million. All for
One Steeb plans additional investments and greater capital expenditures for
the financial year 2013/14 (1 Oct 13 - 30 Sep 14) in order to strengthen
its business model, expand the customer base and garner additional market
shares. Revenues for 2013/14 are expected to be within the range of EUR 205
million to 210 million, with a projected EBIT of between EUR 10.5 million
and 11.0 million. Headcount is expected to follow the growth in revenues
and, over the course of the financial year 2013/14, may even break the mark
of 1,000 employees for the first time. The risks of economic setbacks,
which could lead to reduced demand, delinquent debts and insolvencies among
customers, represent a major threat to achieving these forecasts.

All for One Steeb AG will be releasing its final consolidated financial
statements for the financial year 2012/13 as scheduled during its financial
results press conference on 17 December 2013.

Contact:
All for One Steeb AG, Dirk Sonntag, Tel. 0049 (0)711 78807-260, E-Mail
dirk.sonntag@all-for-one.com

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Language: English
Company: All for One Steeb AG
Gottlieb-Manz-Straße 1
70794 Filderstadt-Bernhausen
Germany
Phone: +49 (0)711 78 807-260
Fax: +49 (0)711 78 807-222
E-mail: dirk.sonntag@all-for-one.com
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 Announcement DGAP News-Service

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