All for One Group SE's 9M revenue flat; profit hit by one-off costs

All for One SE

04/08/2026 06:02

Overview
Germany IT consulting firm's 9M 2025/26 revenue flat yr/yr at EUR 379.6 mln
EBIT before M&A effects turned negative, hit by one-off 'Precision' program costs
Company confirms full-year forecast despite subdued demand and integration costs

Outlook
All for One confirms 2025/26 revenue forecast of EUR 500 mln to EUR 530 mln
Company expects 2025/26 EBIT before M&A effects (non-IFRS) of EUR 0, +/- EUR 5 mln
Company sees improved profitability from Q4 2025/26 as 'Precision' programme implementation completes

Result Drivers
ONE-OFF EXPENSES - Earnings were significantly impacted by one-off expenses from the 'Precision' efficiency programme
SUBDUED DEMAND - Ongoing weak economy in German-speaking countries led to project postponements and lower capacity utilisation in consulting
ACQUISITION IMPACT - Consulting revenue rose due to the consolidation of the apsolut Group, while integration costs weighed on earnings

Company press release: ID:nEQ7jXg6fa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
9M Sales
 
EUR 379.60 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the it services & consulting peer group is "buy."
Wall Street's median 12-month price target for All for One Group SE is €67.50, about 0.1% below its August 3 closing price of €67.60
The stock recently traded at 30 times the next 12-month earnings vs. a P/E of 7 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)