Outlook

For the financial year 2024/25, All for One Group expects solid growth despite a recessionary period in Europe, with a strong focus on sustainable and increasing profit­ability. Following the restructuring in 2023, the company will focus on further developing a cross-country and cross-portfolio matrix organisation to further expand and scale the business model.

Based on current knowledge and assuming a continued robust and steady stream of incoming orders and a stable and broad customer base and growth rates for the IT consulting & services market, the Management Board of All for One Group expects sales in the range of EUR 525 million to EUR 540 million for the financial year 2024/25 (2023/24: EUR 511.4 million). EBIT before M&A effects (non-IFRS) is expected to be in the range of EUR 36.5 million to EUR 40.5 million (2023/24: EUR 34.0 million).

Overall, the level of investment is expected to decrease slightly in the 2024/25 financial year, as the focus is on intensifying the transformation offering, moving to the cloud, improving processes and further increasing profit­ability. However, should attractive opportunities for inor­ganic growth arise, these would be exploited.

Against a backdrop of stagnating core markets and global uncertainty, it remains difficult to provide a concrete medium-term outlook.

All for One Group plans to deliver robust mid-single digit organic revenue growth over the next few years, complemented by inorganic growth. EBIT before M&A effects (non-IFRS) is expected to sustainably exceed the 8% threshold in the financial year 2025/26.

Digital transformation remains one of the key topics of corporate focus, leading to increased investment in IT modernisation, cloud transformation and new technologies. . IT moderni­sation, cloud transformation, process auto­mation, data analytics, artificial intelligence, regulatory requirements and cybersecurity are key areas of focus on CIO agendas. Despite the current political and economic challenges, forecasts for 2025 expect sales to increase by between 4.3% and 12.6% depending on the market segment, with the cloud business and IT outsourcing expected to grow more strongly (souces: Lünendonk, Aug 2024; SITSI Market Research, May 2024; Market insights by statista 2024; Bitkom e.V., Jun 2024).

In terms of sales, industry (share of 34%) continues to be the largest customer group in the German IT services market, followed by the financial sector (share of 17.7%). The public sector (share of 9.6%) shows a need to catch up in the context of digitalisation, but has been somewhat dampened due to the current reduction in household budgets (sources: Lünendonk, Jul 2024; Cap Gemini IT Trends 2024).

Continuous growth in the IT services market is also ex­pected in All for One Group's other main markets in the coming years. For financial year 2025, the IT services market in Austria is expected to grow by 3.9%, in Switzer­land by 4.0% and in Poland by 6.0% (sources: SITSI Mar­ket Research, PL market figures, Feb 2024, CH market figures, May 2024, AT market figures, May 2024).

With increasing digital transformation and automation, the IT services market continues to grow as the global demand for technology services increases. New requirements due to digital and cloud transformation increase complexity and demand timeliness, scaling, security, high availability and automation in the software lifecycle. Managed cloud services are becoming increasingly important, as are cybersecurity, release management, integration of new applications and flexible IT alignment (sources: Lü­nendonk, Aug 2024; Statista IT Ser­vices: market data & analysis, Jul 2024).