Figures for 1st Quarter of Financial Year 2015/16 / All for One Steeb AG Posts Further Strong Gains
Filderstadt, 09 February 2016 – All for One Steeb AG, the Number 1 in the German-speaking SAP market, today published its results for the period 1 October to 31 December 2015.
All for One Steeb increased sales 15% from EUR 61.4 to 70.8 million in this 1st quarter of the financial year 2015/16. Sales revenues from outsourcing services (including cloud services and software maintenance) improved 8% to EUR 28.6 million (Oct – Dec 2014: EUR 26.5 million) and now account for a 40% share of total sales (Oct – Dec 2014: 43%). The demand for SAP HANA has increased significantly. Three-month revenues from the sale of software licenses were a very good EUR 13.3 million (Oct – Dec 2014: EUR 10.6 million) for a gain of 25%. Furthermore, the continued high rate of utilisation within the consultancy field resulted in consulting revenues increasing to EUR 26.9 million (Oct – Dec 2014: EUR 23.5 million) for a gain of 14%.
The EBIT improved 10% to EUR 5.8 million (Oct – Dec 2014: EUR 5.3 million) for an EBIT margin of 8.1% (Oct – Dec 2014: 8.6%). The EBT was EUR 5.2 million (Oct – Dec 2014: EUR 3.9 million) for a gain of 33%. Earnings after tax increased 58% to EUR 3.7 million (Oct – Dec 2014: EUR 2.3 million). The equity ratio as at 31 December 2015 was 35% (30 September 2015: 32%). The number of employees rose to 1,229 (31 December 2014: 1,121).
»Transformation towards SAP HANA is picking up speed. An increasing number of digitalisation projects are being launched with solutions such as SAP S/4HANA, Cloud for Customer, Concur, SuccessFactors and Microsoft SharePoint. Although confidence is the overriding sentiment within our markets, we are keeping an even closer eye on the state of the economy. We remain committed to our forecast for 2015/16 that projects revenues to range from EUR 255 to 265 million with an EBIT of between EUR 17.5 and 19.5 million«, announced All for One Steeb CFO Stefan Land.
All for One Steeb AG will be publishing its complete quarterly statement for the 3-month period as scheduled on 11 February 2016.