Corporate | 5 February 2018 14:22
All for One Steeb AG Forging Ahead with its Growth Strategy. Figures for the 1st Quarter of Financial Year 2017/18All for One Steeb AG:
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DGAP-News: All for One Steeb AG / Key word(s): Quarterly / Interim Statement/Quarter Results
All for One Steeb AG Forging Ahead with its Growth Strategy. Figures for the 1st Quarter of Financial Year 2017/18 Unaudited results: – Sales: EUR 91.8 million (+16% over prior year) – Cloud and software revenues: EUR 58.2 million (+18% over prior year) – EBIT: EUR 6.7 million (+5% over prior year) – Group earnings: EUR 4.6 million (+4% over prior year) – Major investments in SAP and Microsoft growth fields – 2017/18 forecast confirmed Filderstadt, 5 February 2018 – All for One Steeb AG, the Number 1 in the German-speaking SAP market, a leading IT service provider, and sought-after partner for digitalisation in the midmarket segment, today published its unaudited results for the period 1 October to 31 December 2017. All for One Steeb increased sales by an encouraging 16% from EUR 79.4 million to EUR 91.8 million in the 1st quarter of the financial year 2017/18. This high pace of growth was clearly evident not only among revenues from cloud services and support – a plus of 25% to EUR 13.4 million – but also in the software license revenues that increased by 26% to EUR 21.4 million. Software support revenues continued with their sustainable growth and increased 7% to EUR 23.4 million in this past 1st quarter of the financial year 2017/18. Revenues from consulting and services posted a gain of 13% to EUR 33.6 million. The company’s consulting resources are experiencing a high rate of utilisation. Further details of the new presentation of our different types of revenue can be found under www.all-for-one.com/ir-english »Innovations are increasingly the driving force behind our strong business performance. We have expanded how we report our different types of revenue in order to better illustrate these dynamics. We are continuing to invest heavily in such SAP and Microsoft growth fields as S/4HANA as the digital core, machine learning and the digital workplace, which will aid and support the transformation and the future requirements of our customers. And, as always, we are keeping a close watch on profitability«, explained All for One Steeb CFO Stefan Land. The EBITDA increased 9% to EUR 9.2 million for an EBITDA margin of 10.1% (Oct -Dec 2016: 10.7%). The EBIT gained 5% to EUR 6.7 million resulting in an EBIT margin of 7.3% (Oct – Dec 2016: 8.0%). The EBT was EUR 6.5 million (Oct – Dec 2016: EUR 6.2 million). Earnings after tax improved 4% to EUR 4.6 million and correspond to earnings per share of EUR 0.91 (Oct – Dec 2016: EUR 0.88). The equity ratio as at 31 December 2017 was 40% (30 Sep 2017: 41%) and the workforce grew to 1,539 employees (31 Dec 2016: 1,355 employees). »We expect to see continued high volatility in our licensing revenues. And we remain committed to our annual forecast for 2017/18, which calls for revenues to range from EUR 315 million to 325 million and an EBIT of between EUR 20.5 million and 22.0 million«, said Land. All for One Steeb AG will be publishing its complete quarterly statement for the 3-month period as scheduled on 9 February 2018.
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Contact: All for One Steeb AG, Dirk Sonntag, Head of Corporate & Investor Relations, Tel. 0049 (0)711 78807-260, E-Mail dirk.sonntag@all-for-one.com
05.02.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
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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: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| End of News | DGAP News Service |