on AC-Service AG (ETR:ACV)
All for One Group SE Begins 2025/26 Amid Economic Challenges, Acquires Apsolut Group
All for One Group SE reported a 6% decline in Q1 2025/26 sales, totaling EUR 125.8 million, due to ongoing geopolitical uncertainties and a weak economy in German-speaking regions. The company experienced reduced demand, resulting in significantly lower revenue from software and support (down 13%). However, cloud services saw a growth of 3%. EBIT before M&A effects dropped by 40% to EUR 6.6 million, reflecting reduced license and commission revenue.
The acquisition of the Apsolut Group, an SAP procurement specialist, aims to enhance All for One's position in the SAP market and international presence. Recurring revenues increased slightly, representing 53% of total revenues. Despite economic challenges, the company expects to continue its growth trajectory, supported by strategic acquisitions and an expanded operational model.
R. P.
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