All for One Group: Strong Orders & Sales Growth, 2023/24 Guidance Confirmed

• Sales increased by 4% to EUR 378.8 million, with recurring revenues rising by 6% and accounting for 56% of total sales.
• EBIT before M&A effects (non-IFRS) grew by 81% to EUR 20.7 million, with an EBIT margin of 5.5%.
• The "Land and Expand" strategy led to high order intake in the CORE segment, focusing on SAP conversions and migrations.
• The internal transformation program is proceeding as planned, focusing on cloud certifications and advanced qualifications.
• The management board confirmed the 2023/24 outlook, expecting sales between EUR 505 million and EUR 525 million, and EBIT before M&A effects (non-IFRS) between EUR 32 million and EUR 36 million.
• All for One Group won SAP Quality Awards in 3 out of 4 categories, highlighting its focus on upper midmarket and cloud business.

The next important date, Publication of quarterly report (as of Q3), at All for One Group is on 08.08.2024.

The price of All for One Group at the time of the news was 51,00EUR and was down -5,38 % compared with the previous day.
8 minutes after the article was published, the price was 50,60EUR this corresponds to a minus of -0,78 % since publication.

All for One Group

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ISIN:DE0005110001WKN:511000

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