DGAP-News

All for One Steeb AG: Figures for 1st Half-Year 2016/17 / Further Gains in Revenues and Earnings / Major Investments in Cloud Transformation and SAP S/4HANA - Seite 2

»Major investments in the future of our business continue to complement our strategy of growth. Building on our 20 years of industry expertise, we are currently investing heavily in our new scope items process library for customers using S4/HANA and in expanding our range of cloud services. This will allow our customers to better master their digital transformation and implement innovations more rapidly, precisely and dependably as they use our highly scalable IT infrastructure from the cloud. And because we serve the largest installed SAP midmarket customer base in countries where German is spoken, the generational change from SAP R/3 to SAP S/4HANA should present us with significant growth opportunities for many years to come«, said All for One Steeb CFO Stefan Land. »In light of the recent purchase of the SAP HR Cloud specialist, inside Unternehmensberatung GmbH, we further specified the forecast for the financial year 2016/17 that was issued on 21 November 2016, which projected revenues to range from EUR 280 million to 290 million and an EBIT of between EUR 18.5 million and 20.5 million, and now expect revenues within a range of EUR 290 million to 300 million and an EBIT of between EUR 19.0 million and 20.5 million«, added Land.

All for One Steeb AG will be publishing its complete half-year financial report 2016/17 as scheduled on 11 May 2017.

About All for One Steeb

All for One Steeb AG (ISIN DE0005110001) is the Number 1 in the German-speaking SAP market and a leading IT service provider. The full-service provider's portfolio comprises end-to-end services and solutions across the entire IT value chain, from management and technology consulting, SAP industry solutions and cloud applications up to highly scalable hosting and cloud services out of its German data centers, where All for One Steeb is orchestrating highly available IT operations for all business-related IT systems - including SAP solutions as well as Microsoft Exchange or Sharepoint. This is why market observers also rank All for One Steeb amongst the leading IT service providers for Outsourcing and Cloud Services, SAP HANA, Business Analytics and Performance Management, Human Capital Management, Application Management Services or Communications and Collaboration.