All for One Group Reports Strong Q1 2024/25 Performance

All for One Group SE, an IT service provider specializing in SAP solutions, reported a slight increase in sales to EUR 134.2 million for Q1 2024/25, surpassing last year's EUR 133.8 million. The growth was driven by high-margin migration projects and a 6% rise in cloud services revenues. Recurring revenues contributed 50% to total sales.

EBIT before M&A effects remained stable at EUR 11.0 million with an EBIT margin of 8.2%, despite a EUR 1.0 million severance payment impacting the margin. Adjusted, the margin reached 8.9%. New customers in the upper mid-market elevated demand for SAP cloud solutions.

According to CEO Michael Zitz, the company's strategy benefits business and improves its market position. CFO Stefan Land highlighted All for One’s international presence and transformation capabilities as key competitive advantages.