All for One Group SE Reports Improved Profitability and Positive Outlook

All for One Group SE, a leader in SAP solutions, has reported a significant increase in profitability for the financial year 2023/24. The company achieved sales of EUR 511.4 million, marking a 5% increase compared to the previous year. The EBIT before M&A effects surged by 92% to EUR 34.0 million.

The shift towards cloud solutions is evident, with cloud services revenue growing by 11% to EUR 142.2 million. Licence revenues also saw a substantial increase of 35%, driven by the demand for SAP S/4HANA migrations. Although software support revenue only saw a minor increase, the core segment still reported a 6% rise in sales.

Looking forward, the company anticipates further sales growth, projecting between EUR 525 million and EUR 540 million for 2024/25. Despite potential geopolitical challenges, All for One remains optimistic about maintaining robust growth driven by ERP implementations and cloud services.