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ATOSS Software AG — Earnings Release 2010
Jan 26, 2011
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Earnings Release
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News Details
Ad-hoc | 26 January 2011 13:52
ATOSS Software AG: Provisional Results for full year and Q4 2010, Forecast 2011
ATOSS Software AG / Key word(s): Final Results/Forecast
26.01.2011 13:52
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
ATOSS Software AG: Record figures for the fifth year in succession.
Operating profit (EBIT) of EUR 6.8 million (last year: EUR 5.5 million),
forecast for 2011.
Munich, January 26, 2010 - Provisional figures show that ATOSS Software AG
achieved a new record result in the financial year 2010 with slightly
increased overall sales coming in at EUR 29.3 million (previous year EUR
29.1 million). In its core software business the specialist in workforce
management increased sales by 6% to EUR 17.8 million (previous year: EUR
16.8 million), ahead of the market trend. The operating profit (EBIT) grew
by 24% to EUR 6.8 million (previous year: EUR 5.5 million), representing an
EBIT-based margin on sales of 23% (previous year 19%). With this
performance, ATOSS has exceeded market expectations.
Looking back at the year 2010, the company is reporting highly positive
business developments in the fourth quarter in particular. With overall
sales reaching EUR 7.9 million in Q4 (previous year EUR 7.7 million), ATOSS
booked software sales of EUR 4.7 million (previous year EUR 4.3 million)
and a 40% rise in EBIT at EUR 1.6 million (previous year EUR 1.1 million).
Orders received for software licenses also developed particularly well in
the fourth quarter, moving up by 25% from EUR 1.6 million last year to EUR
2.0 million.
Against this background, a positive trend in orders on hand for software
licenses was recorded, with orders climbing from EUR 2.7 million on
September 30, 2010 to a EUR 3.1 million on December 31, 2010. On the basis
of this strong year-end order book and the recent trend in orders received,
in a conservative outlook for 2011 the Board of Management expects to see
stable to moderately increasing sales and an EBIT margin of around 20%.
Major projects for financial year 2011 include broadening the company's
successful business model and exploiting the opportunities for growth in
new sectors and regions. This will mean increasing the already high level
of expenditure on research & development as well as further selective
investments.
ATOSS Software AG will publish its full provisional figures for 2010 on
January 31, 2011.
ATOSS Software AG, Am Moosfeld 3, D-81829 Munich
Christof Leiber / Member of the Management Board
Tel.: +49 (0) 89 4 27 71 - 0, Fax: +49 (0) 89 4 27 71 - 100
[email protected]
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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, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement DGAP News-Service