Ad-hoc | 26 April 2002 07:29

ATOSS Software AG english

ATOSS Software AG: Targets attained in the first quarter; positive outlook Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– ATOSS Software AG: Targets attained in the first quarter; positive outlook ATOSS Software AG, Munich, the leading provider of software solutions in the field of Staff Efficiency Management (SEM) has been able to attain its goals for the first quarter of 2002, in spite of a general business environment that remains difficult. Recording sales of EUR 5.44 million (-4% over last year), earnings have improved considerably. EBIT was stated at EUR 0.13 million (after -0.18), and EBT at EUR 0.26 million (after 0.09), while performance for the period was up from EUR 0.03 million to EUR 0.16 million. With total equity of EUR 36.3 million, the equity ratio stood at 86 % and cash flow improved considerably to EUR 1.05 million (after EUR -1.99 million). Liquid funds amounted to a total of EUR 32.3 million. Within the individual divisions, the software license business area recorded sales of EUR 1.45 million (after 2.26), the maintenance business area EUR 1.7 million (after 1.18), the services business area EUR 1.37 (after 1.29), while the hardware division posted EUR 0,62 million (after 0.63). In this context, attention is called to the fact that software sales are not directly comparable, as a considerable overhang of orders from December 2000, a month that represents an exception, were only processed in the first quarter of 2001. According to company founder and board chairman Andreas F. J. Obereder, the current figures demonstrate that ATOSS commands an active cost management system enabling profitable operations also in a difficult business environment. Even without a recovery setting in, ATOSS expects to achieve a slight increase in sales for the overall year and considerable growth in earnings. The company anticipates recording sales on the same level as the first quarter and a further stabilization of the earnings situation throughout the second quarter of 2002. Additional information is available from: ATOSS Software AG, Christof Leiber, Am Moosfeld 3,D-81829 München Tel.:+49 (0) 89 42771 265,Fax:+49 (0)89 42771 100 revolution-in-time@atoss.com, http://www.atoss.com end of ad-hoc-announcement (c)DGAP 26.04.2002 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: T Eur Q1/02 Q1/01 +/- % Q4/01 Q3/01 Q2/01 Revenues 5.439 5.673 – 4 5.661 5.061 4.839 Software 1.451 2.257 – 36 1.769 1.085 1.178 Maintenanc 1.704 1.289 46 1.425 1.431 1.576 Services 1.370 1.289 6 1.543 1.394 1.292 Hardware 615 628 – 2 714 882 547 other 299 320 – 7 210 270 245 EBIT 126 -176 > 100 165 -153 – 1.248 EBT 262 89 > 100 549 – 87 – 728 Net Income 165 33 > 100 362 – 61 – 540 Cash Flow 1.053 – 1.989 > 100 1.623 1.296 1.880 EPS 0,04 0,01 > 100 0,09 – 0,01 – 0,13 Employees 165 185 – 11 167 170 177 ——————————————————————————– WKN: 510 440; ISIN: DE0005104400; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München, Stuttgart 260729 Apr 02