For the Group 2025/26
Outlook
Probable Corporate Development
Solid growth with a strong focus on sustainable and increasing profit
For the financial year 2025/26, All for One expects solid growth despite a recessionary period in Europe, with a strong focus on sustainable and increasing profitability. Following the introduction of a new operating model, the company will focus on further developing a cross-country and cross-portfolio matrix organisation to further expand and scale its business model.
Overall, investment levels in the 2025/26 financial year are expected to rise only slightly, as the focus will be on intensifying the transformation offering, moving to the cloud, improving processes, and increasing profitability further. However, attractive opportunities for inorganic growth will be seized if they arise.
Forecast 2024/25
| In EUR millions, unless otherwise stated | Forecast 2025/26 (21 November 2025) |
Actual 2024/25 |
| Sales revenue (IFRS) | 500 – 530 | 503.7 |
| EBIT before M&A effects (non-IFRS) | 27.5 – 34.5 | 26.0 |
| Employee retention (in %) | 89 – 90 | 90.4 |
| Health index (in %) | 96.5 – 97.0 | 96.8 |
Medium-Term Outlook
According to the Lünendonk Study 2025, the IT services market is expected to grow by around 10% in 2026, mainly driven by cloud transformation, managed services, cybersecurity, and data & AI solutions. The shift from legacy systems to cloud platforms such as RISE with SAP remains the key growth driver. Skills shortages, regulatory pressures, and rising complexity are accelerating the outsourcing of IT operations and application management, making the IT services market a major enabler of resilience, scalability, and efficiency in digital transformation.
For Germany, forecasts expect growth of 2.5% (SITSI) and 3.3% (Bitkom) in 2026, while SAP-related services are expected to grow by 6.5%.
The largest customer segments in 2025 are industry (34%), financial services (18%), and the public sector (12%). Demand for cloud migration, managed services, and cybersecurity remains particularly strong.
In All for One’s core markets, moderate growth is expected until 2026: Austria +2.9%, Switzerland +0.7%, and Poland +3.7%, with SAP-related services expanding above average.
Globally, digitalisation and automation continue to drive market growth. Increasing software lifecycle complexity — in terms of scalability, security, and availability — boosts demand for managed cloud services, cybersecurity, and flexible IT structures.
Trends in the IT Market
Against a backdrop of stagnating core markets and global uncertainty, it remains difficult to provide a concrete medium-term outlook. Despite the challenging economic situation in All for One's core markets, the management board anticipates a further sustained increase in EBIT before M&A effects (non-IFRS) for the 2026/27 financial year.
