All for One (A1OS) Q4 23/24 earnings summary

Executive summary

• Achieved 5% year-over-year sales growth to EUR 511.4 million, driven by strong demand for SAP migrations and cloud-based solutions.

• Profitability increased significantly, with EBIT before M&A effects (non-IFRS) up 92% to EUR 34.0 million.

• Recurring revenues remained stable at 55% of total sales.

• Published 2023/24 sustainability report and aligned organization for further growth.

Financial highlights

• Revenue rose to EUR 511.4 million from EUR 488.0 million year-over-year.

• EBIT before M&A effects (non-IFRS) increased to EUR 34.0 million from EUR 17.7 million, with margin improving to 6.7% from 3.6%.

• Net result for the period grew 64% to EUR 18.3 million; EPS up 66% to EUR 3.70.

• Dividend proposal of EUR 1.60 per share, up from EUR 1.45, with a payout ratio of 43% and yield of 3.31%.

• Total assets at EUR 343.1 million; equity ratio improved to 32%.

Outlook and guidance

• Sales forecast for 2024/25 set at EUR 525–540 million; EBIT before M&A effects (non-IFRS) expected at EUR 36.5–40.5 million.

• EBIT margin before M&A effects (non-IFRS) targeted above 8% in 2025/26.

• Robust mid-single digit organic sales growth expected, with additional inorganic growth opportunities.