Germany's All for One Group Q1 revenue falls; chops FY EBIT outlook

All for One SE

07/05/2026 22:24

Overview

Germany IT services firm's H1 2025/26 revenue declined from prior year

Company cut full-year 2025/26 EBIT forecast sharply due to sector and economic headwinds

'Precision' program approved to boost competitiveness, with up to EUR 20 mln in one-off costs

Outlook

Company revises 2025/26 revenue forecast to EUR 500-530 mln, now including apsolut Group

2025/26 EBIT before M&A effects (non-IFRS) now expected at EUR 0, +/- EUR 5 mln, vs EUR 27.5-34.5 mln earlier

Company expects up to EUR 20 mln in one-off expenses for 'Precision' programme in 2025/26

Result Drivers

ECONOMIC AND SECTOR UNCERTAINTY - Co cited persistent economic and geopolitical uncertainty and structural changes in the IT sector as main reasons for underperformance

CLOUD AND AI SHIFT - Co said accelerating shift towards cloud- and AI-based business models and SAP’s repositioning prompted strategic changes

ONE-OFF EXPENSES - Co expects up to EUR 20 mln in one-off costs in 2025/26 tied to 'Precision' programme and changes in go-to-market and delivery strategy

Company press release: ID:nEQcck2MXa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
H1 Sales
EUR 250.40 mln


Analyst Coverage

The one available analyst rating on the shares is "strong buy"

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 €76.00, about 106.5% above its May 7 closing price of €36.80

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 8 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.)