DGAP-News: All for One Midmarket AG Publishes 3-Month Report for the 1st Quarter
(firmenpresse) - DGAP-News: All for One Midmarket AG / Key word(s): Quarter
Results/Forecast
All for One Midmarket AG Publishes 3-Month Report for the 1st Quarter
29.02.2012 / 10:42
---------------------------------------------------------------------
All for One Midmarket AG Publishes 3-Month Report for the 1st Quarter
2011/12
Results for the period 1 October to 31 December 2011:
- Revenues: EUR 33.9 million (+51% over Oct - Dec 10)
- EBIT: EUR 2.2 million (+ 55% over Oct - Dec 10)
- Net group earnings: EUR 1.8 million (+ 55% over Oct - Dec 10)
- Equity ratio: 30% (30 Sep 2011: 59%)
- New All for One Steeb brand well received
Filderstadt, 29 February 2012 - All for One Midmarket AG, which holds a
leading position in the German-language SAP midmarket segment and has
re-branded the group under the name All for One Steeb following its recent
acquisition of Steeb Anwendungssysteme GmbH, today published its 3-month
report for the period of 1 October to 31 December 2011. The wholly-owned
subsidiary Steeb was consolidated on 1 December 2011.
This SAP full-service provider increased revenues 51% from EUR 22.5 million
to EUR 33.9 million in the 1st quarter of the financial year 2011/12. 50%
of this increase is attributable to pure organic growth and the other 50%
to the inclusion of Steeb. Recurring revenues from outsourcing services
(including software maintenance) posted a gain of 46% to EUR 12.4 million
(Oct - Dec 2010: EUR 8.5 million) in this latest 3-month reporting period.
In addition to an improved market position derived from years of continuous
growth - the most recent ranking by analysts at Pierre Audoin Consultants
(PAC) already puts All for One among the top 12 SAP hosting providers in
Germany - it was Steeb's substantial base of software-maintenance customers
that contributed to these accelerated gains. The volume of business among
new and existing customers continues heading sharply upwards. Licensing
revenues increased 77% to EUR 8.8 million (Oct - Dec 2010: EUR 5.0
million), while consulting revenues rose 43% to EUR 12.0 million (Oct - Dec
2010: EUR 8.4 million).
The EBIT improved a remarkable 55% to EUR 2.2 million (Oct - Dec 2010: EUR
1.4 million) despite one-time transaction- and integration-related charges
of EUR 1.3 million in the 1st quarter 2011/12. The EBIT margin was 6% (Oct
- Dec 2010: 6%). Net group earnings posted a gain of 55% to EUR 1.8 million
(Oct - Dec 2010: EUR 1.2 million). Earnings per share were 35 euro cents
(Oct - Dec 2010: 24 euro cents).
The acquisition of Steeb was largely debt-financed. The equity ratio
declined from 59% (30 September 2011) to 30% (31 December 2011). The number
of employees as at 31 December 2011 increased to 679 (31 December 2010:
435).
For the financial year 2011/12 All for One Steeb expects an increase in
revenues of between 55% and 60% over those of the prior-year period.
Although burdened by one-time transaction and integration costs, the EBIT
for the combined company is nevertheless expected to remain clearly
positive in the financial year 2011/12. After completion of the integration
phase, which is proceeding on schedule, it is likely that total revenues of
EUR 160 million and an EBIT margin of more than 5% can be achieved as early
as in the financial year 2012/13. So far there have been no indications of
an economic slowdown, although such cannot be ruled out.
More details in the 3-Month Report as at 31 December 2011 published as
scheduled on 29 February 2012 at www.all-for-one.com/quarterly-report.
About All for One Steeb
The brand»All for One Steeb«represents the integrated market presence of
All for One Midmarket AG and its 100% subsidiary Steeb Anwendungssysteme
GmbH. All for One Steeb ranks as one of the leading SAP full-service
providers for the mid-sized 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 Steeb is a reliable general contractor for small and
mid-sized enterprises. With around 700 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 2010) and the
best IT consultants for the German midmarket (TOP CONSULTANT 2011).
In the financial year 2010/11, All for One Midmarket AG achieved a turnover
of EUR 90 million - not including Steeb. The company is listed in the Prime
Standard segment of the Frankfurt Stock Exchange (ISIN DE0005110001, WKN
511 000).
www.all-for-one.com/english
For the Editorial Department
An extensive picture gallery can be found under
www.all-for-one.com/press-photos
Online
http://www.all-for-one.com/en/press-center/details/data/erstmals-mit-steeb
-3-monats-bericht-zum-1-quartal-201112-veroeffentlicht.html
YouTube
http://www.youtube.com/watch?v=5Jo4ixNKIzQ
Follow us
www.youtube.com/allforonemidmarkettv
www.facebook.com/all41
www.twitter.com/AllforOne_Mid
www.xing.com/companies/allforoneMidmarketAG
Contact:
All for One Midmarket AG, Dirk Sonntag, Tel. 0049 (0)711 78807-260, E-Mail
dirk.sonntag(at)all-for-one.com
End of Corporate News
---------------------------------------------------------------------
29.02.2012 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
Germany
Phone: +49 (0)711 78 807-260
Fax: +49 (0)711 78 807-222
E-mail: dirk.sonntag(at)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 News DGAP News-Service
---------------------------------------------------------------------
158638 29.02.2012
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 29.02.2012 - 10:42 Uhr
Sprache: Deutsch
News-ID 119802
Anzahl Zeichen: 4971
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 293 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: All for One Midmarket AG Publishes 3-Month Report for the 1st Quarter"
steht unter der journalistisch-redaktionellen Verantwortung von
All for One Midmarket AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
