DGAP-News

All for One Steeb AG: Strong Gains in Earnings after 9 Months 2013/14 / Full Year Forecast Raised

DGAP-News: All for One Steeb AG / Key word(s): 9-month figures/Change
in Forecast
All for One Steeb AG: Strong Gains in Earnings after 9 Months 2013/14
/ Full Year Forecast Raised

31.07.2014 / 23:09

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All for One Steeb AG - Strong Gains in Earnings after 9 Months 2013/14 /
Full Year Forecast Raised

- Revenues: EUR 160.9 million (+19% over Oct 12 - Jun 13)

- EBIT: EUR 9.2 million (+27% over Oct 12 - Jun 13)

- Earnings after tax: EUR 5.7 million (+53% over Oct 12 - Jun 13)

- Earnings per share of EUR 1.03 (+63% over Oct 12 - Jun 13)

- Equity ratio: 35% (30 Sep 13: 35%)

- Forecast raised

- Early extension of management board members' contracts until 2019

Filderstadt, 31 July 2014 - All for One Steeb AG, which holds a leading
position in the German-language SAP midmarket segment, today announces its
operating results for the period 1 October 2013 to 30 June 2014.

During the 9-month reporting period of the financial year 2013/14, this
full-service provider increased its revenues by 19% from EUR 135.7 million
to 160.9 million. Contributing to this growth in revenues was avantum
consult AG, Düsseldorf, the specialist for business analytics and corporate
performance management with its sales of EUR 1.4 million.

All three pillars of All for One Steeb AG's integrated business model -
recurring outsourcing services (including software maintenance), SAP
licenses and consulting - posted strong gains. Sales revenues from
outsourcing services rose 17% to EUR 73.9 million (Oct 2012 - Jun 2013: EUR
63.2 million) and now account for a share of 46% (Oct 2012 - Jun 2013: 47%)
of total revenues. Licensing sales added a solid plus of 30% to EUR 23.2
million (Oct 2012 - Jun 2013: EUR 17.8 million). Consulting revenues also
improved significantly by gaining 19% to EUR 60.6 million (Oct 2012 - Jun
2013: EUR 51.2 million).

The EBIT improved disproportionately in relation to the growth in revenues
by increasing 27% to EUR 9.2 million (Oct 2012 - Jun 2013: EUR 7.3 million)
resulting in an EBIT margin of 5.7% (Oct 2012 - Jun 2013: 5.3%). The EBT
was EUR 8.1 million (Oct 2012 - Jun 2013: EUR 6.0 million), which is a gain
of 36%. Earnings after taxes improved 53% to EUR 5.7 million (Oct 2012 -
Jun 2013: EUR 3.7 million), while the earnings per share were EUR 1.03 (Oct
2012 - Jun 2013: EUR 0.63). The unchanged equity ratio as at 30 June 2014
was 35%. The number of employees increased to 1,068 (30 June 2013: 899).