Ad-hoc | 25 July 2002 08:30

ATOSS Software AG english

ATOSS increases sales by 12% in second quarter, sharp improvement in results Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– ATOSS increases sales by 12% in second quarter, sharp improvement in results In an extremely difficult market environment, ATOSS Software AG, Munich, achieved aggregate sales of TEur 5,418 in the second quarter of 2002, an increase of 12% compared with the previous year. This revenue growth can be attributed to the 46% increase in Services sales (TEur 1,890), Maintenance sales of TEur 1,685 (+7%) and other revenues (TEur 272, +11%). The software licenses (TEur 1,050, -11%) and hardware (TEur 522, -5%) fields declined as a result of the cautious investment policies adopted by companies. The leading supplier of software solutions in the Staff Efficiency Management (SEM) field thus achieved sales of TEur 10,857 (previous year: TEur 10,511) as per mid-year 2002, which represented a 3% increase in aggregate sales compared with the previous year. The Services division posted TEur 3,259 (+26.3%), Maintenance TEur 3,389 (+23.0%), Software TEur 2,501 (-27.2%), Hardware TEur 1,137 (-3.2%) and Miscellaneous TEur 570 (+0.9%). Thanks to strict cost discipline and the company’s successes in the Services division, operating results increased by TEur 1,661 to TEur 237 (previous year: TEur -1,424), with annual results increasing by TEur 1,016 to TEur 509 (previous year: TEur -507). Earnings per share (EPS) amounted to Eur 0.13 (previous year:Eur -0.13) as per 30.06.2002. Operating results (EBIT) in Q4 increased from TEur -1,248 to TEur 111 compared with the corresponding period of the previous year, whilst annual results rose from TEur -540 to TEur 344. Liquid funds at the end of the half year period amounted to Eur 31,8 mio. (previous year: Eur 29,4 mio.). In the second quarter ATOSS Software AG has once again attained its targets. For the year as a whole, the Management Board is expecting the optimized cost structure to generate a significant improvement in results on the basis of only slight sales growth; in this way, the Management Board anticipates reaching its planned targets. Further information: ATOSS Software AG, Christof Leiber, Am Moosfeld 3, D-81829 Munich 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 25.07.2002 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: TEur US-GAAP 1. HJ 02 1. HJ 01 % Q2-2002 Q2-2001 % Revenue 10.857 10.511 +3% 5.418 4.839 +12% Software 2.501 3.435 -27% 1.050 1.178 -11% Maint. 3.389 2.755 +23% 1.685 1.576 +7% Services 3.259 2.581 +26% 1.890 1.292 +46% Hardware 1.137 1.175 -3% 522 547 -5% Other 570 565 +1% 272 245 +11% EBITDA 803 -806 >100% 395 -936 >100% EBIT 237 -1.424 >100% 111 -1.248 >100% EBT 830 -639 >100% 568 -728 >100% Net Income 509 -507 >100% 344 -540 >100% Cash Flow 1.413 -109 >100% 360 1.880 <100% EPS (in Eur) 0,13 -0,13 >100% 0,08 -0,13 >100% Empl. 165 177 ——————————————————————————– WKN: 510 440; ISIN: DE0005104400; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München, Stuttgart 250830 Jul 02