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ATOSS Software AG — AGM Information 2010
Apr 30, 2010
38_rns_2010-04-30_29c3a495-3892-462c-b177-77e76196f4d0.html
AGM Information
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Corporate | 30 April 2010 14:41
ATOSS Software AG: Shareholders approve a dividend of EUR 0.50; workforce management remains an attractive growth market
ATOSS Software AG / AGM/EGM
30.04.2010 14:41
Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.
Shareholders approve a dividend of EUR 0.50; workforce management remains
an attractive growth market
Munich, April 30, 2010 - At today's annual general meeting the Management
Board of ATOSS Software AG, the specialist in workforce management,
presented the figures and background to a fourth record year in succession.
The shareholders approved all of the proposals on the agenda unanimously
respectively by an overwhelming majority.
With the dividend again increased to EUR 0.50 per share, representing a
total payment of EUR 1.98 million, the company remains true to its
long-term distribution policy. Shareholders are to participate in the
company's success at the rate of 50% of earnings per share. Further
management proposals to formally discharge the Management and Supervisory
Boards, elect Ernst & Young Wirtschaftsprüfungsgesellschaft as auditor and
authorize the purchase of treasury stock were also approved.
In their report on the current business situation the Management Board
stressed the importance of workforce management for their corporate
clients. Intelligent personnel deployment is increasingly being viewed as a
significant strategic factor for business success. Current studies show the
world market for workforce management in 2011 amounting to a volume of 1.52
billion US dollars. Against this background, in recent years ATOSS has
substantially enhanced the strengths of its products and solutions as well
as its own competitiveness with a consistently high level of investment in
research and development (currently around 20% of sales). Four record years
in succession prove the point.
Transparency and reliability will continue to form the basis for sustained
future business success
In the first quarter of 2010, ATOSS has again improved its earnings with
sales up to the same record level as last year. With a margin on sales of
23% (previous year 21%), the operating result (EBIT) came in at EUR 1.7
million (previous year EUR 1.5 million). The company continues to target
overall results for financial year 2010 on a par with last year's record
level. The Management Board continues to stress the importance of
reliability. The trust placed in ATOSS by clients and shareholders alike is
founded on the company's highly transparent reporting, as well as its
excellent performance figures. In the medium term ATOSS intends to build on
its strong position in Germany and its broad customer base to develop its
international business.
Upcoming dates:
03.05.2010 Dividend distribution (EUR 0.50 per share)
17.05.2010 Publication of the 3-monthly financial statements
Further information available from: http://www.atoss.com/
Contact: ATOSS Software AG
Christof Leiber / Member of the Management Board
Am Moosfeld 3, D-81829 Munich
Tel.: +49 (0) 89 4 27 71 - 0
Fax: +49 (0) 89 4 27 71 - 100
[email protected]
30.04.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: ATOSS Software AG
Am Moosfeld 3
81829 München
Deutschland
Phone: +49 (0)89 4 27 71-0
Fax: +49 (0)89 4 27 71-100
E-mail: [email protected]
Internet: www.atoss.com
ISIN: DE0005104400
WKN: 510440
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg
End of News DGAP News-Service