Planning Benchmarks for 2010/11 / Ad-hoc Outlook 2009/10 Raised
Filderstadt, 23 September 2010 – Due to improved business performance, All for One Midmarket AG, a leader in the German-language SAP midmarket segment, is raising its EBIT outlook to EUR 2.4 million for the current financial year that ends on 30 September 2010. The company previously projected the 2009/10 EBIT at the top end of a range of EUR 1.5 to 2.0 million. Revenue growth will still be in the single digit percentage range and be driven mainly by favourable developments in the field of managed services and new customer accounts for implementing SAP systems.
Should the economic upturn continue to progress steadily, then the EBIT should increase by 40 percent to EUR 3.4 million in the financial year 2010/11, which begins on 1 October 2010 and ends on 30 September 2011. Revenue growth is expected to again increase in the single digit percentage range in the coming financial year 2010/11. The greatest risks continue to stem from potential insolvencies among the customer base.