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All for One Group SE — Earnings Release 2014
Feb 4, 2014
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Earnings Release
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Corporate | 4 February 2014 15:07
All for One Steeb AG Publishes Figures for 1st Quarter 2013/14
All for One Steeb AG / Key word(s): Quarter Results/Capital Increase
04.02.2014 / 15:07
All for One Steeb AG Publishes Figures for 1st Quarter 2013/14
– Revenues: EUR 56.3 million (+22% over Oct – Dec 12)
– EBIT: EUR 4.3 million (+38% over Oct – Dec 12)
– Earnings after tax: EUR 2.8 million (+40% over Oct – Dec 12)
– Equity ratio unchanged at 35%
– Capital increase and enlargement of shareholdings in the KWP subsidiary completed on schedule
– Forecast unchanged
Filderstadt, 4 February 2014 – All for One Steeb AG, which holds a leading position in the German-speaking SAP midmarket segment, today published its results for the period of 1 October to 31 December 2013.
This SAP full-service provider increased revenues by 22% from EUR 46.0 to 56.3 million in the 1st quarter of the financial year 2013/14. All three pillars of its integrated business model, these being recurring outsourcing services (including software maintenance), consulting and SAP licenses, posted strong gains. Sales revenues from outsourcing services increased 19% to EUR 24.0 million (Oct – Dec 2012: EUR 20.2 million) and now account for a share of 43% of total revenues (Oct – Dec 2012: 44%). Licensing revenues finished the quarter with a strong plus of 60% and an improvement to EUR 11.4 million (Oct – Dec 2012: EUR 7.1 million). In addition to the on-going business with its many smaller licensing agreements – All for One Steeb serves the largest base of SAP midmarket customers in countries where German is spoken – numerous important turnkey projects were also concluded. The volume of consulting revenues also rose sharply and improved 16% to EUR 19.8 million (Oct – Dec 2012: EUR 17.1 million).
The EBIT increased disproportionately in relation to sales revenues and gained 38% to EUR 4.3 million (Oct – Dec 2012: EUR 3.1 million). The EBIT margin was thus 7.6% (Oct – Dec 2012: 6.7%). The EBT totalled EUR 3.9 million (Oct – Dec 2012: EUR 2.8 million) for a gain of 40%. The earnings after tax also posted a gain of 40% and increased to EUR 2.8 million (Oct – Dec 2012: EUR 2.0 million).
In December 2013, in order to expand its SAP Human Capital Management activities, All for One Steeb AG increased its equity interest in its biggest subsidiary, KWP Kümmel, Wiedmann + Partner Unternehmensberatung GmbH, Heilbronn, from 56% to 100%. To fund the transaction – in addition to the payment of a cash component – a capital increase was conducted and 122,000 new ordinary shares were issued. The equity ratio as at 31 December 2013 remained unchanged at 35%. The number of employees as at 31 December 2013 rose to 961 (31 December 2012: 791).
»We are off to a good start in this new financial year and are watching developments very carefully. Although confidence still prevails within our target markets, many core issues remain unresolved in Europe, including high levels of government debt. We remain committed to the annual forecast we made for 2013/14 that projects revenues of EUR 205 to 210 million and an EBIT of between EUR 10.5 and 11.0 million«, affirmed All for One Steeb CFO Stefan Land.
All for One Steeb AG will be publishing its complete 3-month report for financial year 2013/14 as scheduled on 13 February 2014.
About All for One Steeb AG
All for One Steeb AG ranks as one of the leading SAP full-service providers for small and medium enterprises in German-speaking countries. 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 Steeb is a reliable general contractor for small and mid-sized enterprises. With more than 900 employees, it serves over 2,000 clients among machinery and equipment manufacturers, automotive suppliers, consumer goods industry, technical wholesalers and project and engineering service providers. As a founding member of United VARs, the global network of leading SAP partners for small and mid-sized enterprises, All for One Steeb guarantees a comprehensive consulting and service portfolio as well as the best local support in more than 56 countries. All for One Steeb ranks among Germany’s best employers (Great Place to Work) and the best IT consultants for the German midmarket (TOP CONSULTANT).
In the financial year 2012/13, All for One Steeb AG achieved a preliminary turnover of EUR 186 million. The company is listed in the Prime Standard segment of the Frankfurt Stock Exchange (ISIN DE0005110001, WKN 511 000).
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Contact:
All for One Steeb AG, Dirk Sonntag, Tel. 0049 (0)711 78807-260, E-Mail [email protected]
End of Corporate News
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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: | [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 |
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| 250981 04.02.2014 |