Growth Drivers Cloud and Software Revenues / Half-Year Financial Report 2017/18 Published
Filderstadt, 11 May 2018 – All for One Steeb AG today published its (unaudited) half-year financial report for the period 1 October 2017 to 31 March 2018 as scheduled.
All for One Steeb finished the 1st half of the financial year 2017/18 with significant gains: revenues plus 14%, EBIT plus 3%. The high level of dynamics with which the company is expanding its business and helping customers improve their competitiveness continued unabated. The business model, which uniquely combines expertise in business processes, technology and strategy, sets this SAP Full Service and Multi-Cloud Provider clearly apart from all the other market players. All for One Steeb has taken first place in the IT category of the »Deutschland Test Digital Champion« survey. Along with its cloud subsidiary B4B Solutions and United VARs, the global alliance that provides worldwide services and support, All for One Steeb AG was recognised three times for outstanding performance, innovations, and customer satisfaction as part of SAP’s 2018 Pinnacle Awards programme. More than 270 SAP HANA instances are now orchestrated in All for One Steeb’s enterprise cloud. This is yet another area where SAP sees All for One Steeb in the lead worldwide.
Just about everyone of its SAP customers also uses Microsoft collaboration products. This is why All for One Steeb is investing heavily in expanding its portfolio of Microsoft services and solutions, such as for the digital workplace and for using the Azure cloud platform in connection with S/4HANA. In doing this, All for One Steeb wants to not only create significant added value for its customers both now and in the future, but also garner the same leading market position for Microsoft collaboration applications as it already has for SAP.
These investments coincide with increased expenditures for marketing, training and knowledge management, not to mention the costs of growing the workforce while the shortage of skilled consultants is further increasing. All for One Steeb is keeping a close watch on profitability. The high investments being made are expected to continue and should lead to a more dynamic earnings performance in 18 to 24 months.