DGAP-News: ATOSS Software AG / Key word(s): Quarter Results/Forecast ATOSS Software AG: ATOSS Software AG presents impressive nine-months figures, performance continues unbroken in 2011 after five record years 24.10.2011 / 08:25 --------------------------------------------------------------------- Corporate News ATOSS Software AG presents impressive nine-months figures, performance continues unbroken in 2011 after five record years Munich, October 24, 2011 - ATOSS Software AG continues to report record figures for the sixth year in succession. Sales in the period from January to September 2011 were up 9 percent over the year before at EUR 23.3 million, while operating profits (EBIT) at EUR 5.5 million were 5 percent higher than in the first nine months of 2010. Thanks to strong financial earnings, pre-tax income (EBT) and earnings per share each rose by an outstanding 24 percent. Business climate still benign ATOSS Software AG, in common with the high-tech sector as a whole, remains undeterred by deteriorating business expectations in Germany. The Munich-based specialist in workforce management increased sales in its software segment by 6 percent to EUR 13.9 million in the first three quarters. Consulting services were up 9 percent at EUR 6.2 million. Once again ATOSS has recorded growth above the market average which industry association BITKOM estimates at around 4 percent for 2011. Earnings power unchecked, strong financial earnings The nine-months results presented by ATOSS once again demonstrate the company's earnings power. Operating profits (EBIT) were 5 percent higher at EUR 5.5 million (previous year EUR 5.3 million). Thanks to strong financial earnings, pre-tax income (EBT), net profit and earnings per share for the period each rose by an outstanding 24 percent. EBT came in at EUR 6.6 million (previous year EUR 5.3 million), net profit at EUR 4.5 million (previous year EUR 3.6 million) and earnings per share at EUR 1.13 (previous year EUR 0.91). Operating cash flow at EUR 7.1 million (previous year: EUR 7.0 million) continued to reflect the unvarying power of the ATOSS business model to generate liquidity. As of the end of September 2011 the company reported liquidity of EUR 26.3 million, equal to EUR 6.63 per share (previous year EUR 22.0 million and EUR 5.55) - representing growth of 20 percent. Growth driven by research & development The success achieved in the first nine months of the current financial year and the continuing outlook clearly underscore the fact that research & development remain central to the ATOSS growth strategy. R&D expenditure in the first nine months of 2011 amounted to EUR 4.9 million, or 21 percent of sales, some 14 percent higher than in the same period last year. Acquiring customers in core sectors and developing new areas In addition to expanding its presence in its core retail sector, the medical business is also becoming steadily more important to ATOSS. For example, in Q3 2011 the University Clinic operated by the Johannes Gutenberg University in Mainz joined the ranks of ATOSS customers. In future, the deployment of around 4,000 staff at the University Clinic will be planned and controlled using the ATOSS Medical Solution. A number of rewarding developments in other sectors have been in evidence, which make it clear that the relevance of workforce management is not only appreciated in personnel-intensive and personnel-critical branches. Orders received in the first nine months of 2011 amounted to EUR 4.8 million (previous year EUR 4.3 million), while orders on hand on September 30 stood at EUR 2.9 million, up from EUR 2.7 million last year. ATOSS is on course for a sixth record year in succession. Having just reported the company's strongest earnings and order book to date, the Management Board continues to anticipate moderate sales growth in 2011 as a whole with an EBIT margin in excess of 20 percent. ATOSS Software AG looks forward to a six record year in succession. Upcoming dates: 14.11.2011 Publication of the 9-monthly financial statements 22.11.2011 Analysts conference / EKF, Frankfurt am Main |[![CDATA[|[pre|]]]|] Further information: 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 investor.relations@atoss.com |[![CDATA[|[/pre|]]]|] CONSOLIDATED OVERVIEW ACCORDING TO IFRS: 9-MONTH COMPARISON IN T EUR |[![CDATA[|[pre|]]]|] 01.01.2011 - Proportion 01.01.2010 - Proportion Change 30.09.2011 of sales 30.09.2010 of sales 2011 / 2010 Sales 23,346 100% 21,443 100% 9 % Software 13,930 60% 13,195 62% 6 % Software 4,914 21% 4,831 23% 2 % licences Software 9,016 39% 8,364 39% 8 % maintenance Consulting 6,236 27% 5,710 27% 9 % Hardware 2,199 9% 1,643 8% 34 % Other 981 4% 895 4% 10 % EBITDA 5,900 25% 5,606 26% 5 % EBIT 5,542 24% 5,258 25% 5 % EBT 6,599 28% 5,316 25% 24 % Net income 4,476 19% 3,616 17% 24 % Cash flow 7,102 30% 6,963 32% 20 % Liquidity 26,349 21,980 20 % (1/2) L EPS (in 1.13 0.91 24 % EUR) Employees 259 247 5 % (3) |[![CDATA[|[/pre|]]]|] CONSOLIDATED OVERVIEW ACCORDING TO IFRS: QUARTERLY COMPARISON IN T EUR |[![CDATA[|[pre|]]]|] Q3/11 Q2/11 Q1/11 Q4/10 Q3/10 Sales 7,584 7,913 7,848 7,870 7,178 Software 4,651 4,705 4,574 4,652 4,384 Software licences 1,586 1,676 1,652 1,711 1,544 Software maintenance 3,065 3,029 2,922 2,941 2,840 Consulting 1,931 2,184 2,122 2,204 1,928 Hardware 764 548 887 809 502 Other 239 476 265 206 364 EBITDA 1,792 2,054 2,054 1,684 1,928 EBIT 1,665 1,941 1,936 1,582 1,815 EBIT margin in % 22% 25% 25% 20% 25% EBT 2,617 2,015 1,967 1,642 1,831 Net income 1,772 1,367 1,337 1,183 1,243 Cash flow 3,170 843 3,088 -1,168 4,250 Liquidity (1/2) 26,349 22,375 23,682 20,691 21,980 EPS (in EUR) 0.45 0.34 0.34 0.30 0.31 Employees (3) 259 249 253 247 247 |[![CDATA[|[/pre|]]]|] (1): Cash and equivalents, current and non-current financial assets (e.g. gold, equities); (2): Dividend of EUR 0.50 per share on May 3, 2010 (TEUR 1,981) and EUR 0.60 on May 4, 2011 (TEUR 2,386); (3): at the end of the quarter End of Corporate News --------------------------------------------------------------------- 24.10.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory 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 --------------------------------------------------------------------- 143122 24.10.2011
DGAP-News: ATOSS Software AG: ATOSS Software AG presents impressive nine-months figures, performance continues unbroken in 2011 after five record years
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