Corporate | 30 April 2014 13:44
|
ATOSS Software AG / Key word(s): AGM/EGM
Munich, April 30, 2014 At today’s annual general meeting of ATOSS Software AG, the Management Board reported on the continuing positive development of the company. Following the end of the 2013 financial year, itself the company’s eighth record year in succession, the Munich-based specialist in workforce management has stepped up the pace. In the first three months of the current financial year, sales were up 11 percent at EUR 9.7 million, including an exceptional 21 percent increase in software licenses. New orders for software licenses more than doubled. This highly positive development in sales in turn led to an increase of 22 percent in operating profits (EBIT) which came in at EUR 2.5 million, with a margin on sales (EBIT) of 26 percent, compared with 24 percent in the year before. Shareholders at the AGM endorsed the management’s proposals, with all resolutions adopted by a large majority. The members of the Supervisory Board were confirmed in office, and the proposed dividend of EUR 0.72 per share was approved. ATOSS Software AG therefore remains true to its dividend policy which provides for continuity and allows shareholders to enjoy a generous share in the company’s success. The dividend will be disbursed to shareholders on May 2, 2014. ATOSS continues to experience strong demand for its workforce management solutions. The climate in this sector coupled with this high level of interest together offer outstanding prospects for growth and therefore also further potential for ATOSS stock. Against this background, the Management Board once again expects to see new record results in the current financial year 2014, with further growth in 2015.
Upcoming dates:
ATOSS Software AG is a provider of software, consulting and professional services in the field of demand-oriented deployment of staff, and ranks as a forward-thinking pioneer in the workforce management sector. The company offers solutions for enterprises of all sizes, whatever their requirement scenarios. ATOSS solutions are renowned for maximum functionality and modern JAVA technology, offering users the benefits of total platform independence. Established in 1987 and meanwhile listed on the stock market, the company generated sales of around 35,5 million euro in financial year 2013. Currently the deployments of over 2.8 million workers employed by more than 4,500 customers are managed with ATOSS solutions. The company’s software products are in use in more than 31 countries and eight languages. Customers include enterprises such as ALDI SÜD, Coca-Cola, Deutsche Bahn, Edeka, Clinical Center Ingolstadt, Clinical Center Rosenheim, Lufthansa, MEYER WERFT, Schmitz Cargobull, Sixt, Municipal of Regensburg and W.L. Gore & Associates. Further information: www.atoss.com Contact ATOSS Software AG
Christof Leiber / Member of the Management Board
End of Corporate News 30.04.2014 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
| Language: | English | |
| Company: | ATOSS Software AG | |
| Am Moosfeld 3 | ||
| 81829 München | ||
| Germany | ||
| Phone: | +49 (0)89 4 27 71-0 | |
| Fax: | +49 (0)89 4 27 71-100 | |
| E-mail: | investor.relations@atoss.com | |
| Internet: | www.atoss.com | |
| ISIN: | DE0005104400 | |
| WKN: | 510440 | |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart | |
| End of News | DGAP News-Service |
|
|
| 265815 30.04.2014 |