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Quarterly Statement 3-Month Figures / Growth Drivers Cloud and Software Revenues

Sales up 16% to EUR 91.8 million / Group earnings after tax plus 4% to EUR 4.6 million / Major investments to enhance tomorrow’s innovative strength, competitiveness and market position / Recognised by SAP as most successful cloud partner
All41SQ1Bericht2017_18verffentlicht

All for One Steeb AG today published its (unaudited) quarterly statement for the period 1 October to 31 December 2017 as scheduled.

Filderstadt, 09 February 2018 – All for One Steeb finished the 1st quarter of the financial year 2017/18 (Oct – Dec 2017) with significant gains: revenues plus 16%, EBIT plus 5%. The ongoing strong business performance is increasingly being driven by innovations: SAP S/4HANA as the digital core, along with new and emerging solutions for specialised departments, collab­orations and the Internet of Things (SAP Leonardo), orchestrated within hybrid cloud scenarios. Here SAP sees All for One Steeb at the forefront with what are more than 250 SAP HANA instances in managed cloud operation. All for One Steeb is also working closely on integrating the Azure cloud platform with Microsoft. SAP recently recognised All for One Steeb subsidiary B4B Solutions as the most successful cloud partner (2018 SAP MEE Award for Partner Excellence for Cloud ERP).

In order to better illustrate the high level of dynamics driving it’s integrated business model, All for One Steeb has expanded and newly grouped the presentation of it’s different types of revenue. The prior-year figures were recalculated accordingly. Special attention is given to how both cloud and software revenues and recurring revenues performed.

Calculated investments to lay the groundwork for the future will continue. To speed up the pace of innovation, All for One Steeb is enlarging it’s proprietary SAP S/4HANA enterprise process library, it’s cloud solutions for specialised departments and operations, such as human resources, sales and marketing (lines of business portfolio, or LOB segment) and it’s digitalisation consulting. Major investments in technology will strengthen the capabilities as a multi-cloud service provider, while connecting the All for One Steeb cloud with highly scalable cloud resources from such hyperscalers as Amazon Web Services (AWS) and Microsoft (Azure, Office 365).

These investments coincide with increased expenditures for marketing, training and knowledge management, not to mention the costs of growing our workforce. Despite major investments, All for One Steeb is keeping a close watch on profitability.