DGAP-News: ATOSS Software AG: Growth continues with the best half-year in the company's history; strong order intake sustained, outlook positive

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| Source: EQS Group AG
DGAP-News: ATOSS Software AG / Key word(s): Half Year Results/Quarter
Results
ATOSS Software AG: Growth continues with the best half-year in the
company's history; strong order intake sustained, outlook positive

22.07.2014 / 08:00

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ATOSS Software AG: Growth continues with the best half-year in the
company's history; strong order intake sustained, outlook positive

ATOSS Software AG remains on course for continuing growth after posting new
record figures for the first half of 2014. With sales up 7 percent at EUR
18.8 million, operating profits (EBIT) were 10 percent higher at EUR 4.7
million. The margin on sales came in at 25 percent compared with 24 percent
last year. The workforce management specialist has again succeeded in
intensifying its dynamic growth and profitability. During the reporting
period, ATOSS recorded a continuous increase in demand for its solutions,
with orders received for software licenses coming in 52 percent higher at
EUR 5.4 million. The company successfully acquired numerous new enterprise
customers in the medical and retail sectors in particular. Against this
background, the Management Board expects the sustained positive development
in business to continue in the current second half of 2014.

Munich, July 22, 2014

For the ninth year in succession ATOSS Software AG has recorded a highly
gratifying development in sales and earnings. The company once again has
new record figures to report, not least the volume of orders received for
software licenses which amounted to EUR 5.4 million, some 52 percent higher
than the figure of EUR 3.6 million for the first half of last year. Orders
on hand for software licenses as of June 30, 2014 accordingly increased
from EUR 3.6 million to EUR 4.7 million, constituting an excellent basis
for the remainder of financial year 2014.

ATOSS is recording continuous growth spanning products, markets and sectors
and is steadily broadening its customer base with sustained effect with the
acquisition of prominent new customers. The company's verticalization
strategy, consistently developed over a period of years, is proving
particularly successful.

While overall sales revenues rose from EUR 17.5 million to EUR 18.8
million, sales of software licenses - the driving force behind the
company's business model - climbed 9 percent in the first half of 2014 to
stand at EUR 4.1 million. There was a similarly consistent positive trend
in software maintenance, too, with sales up 7 percent at EUR 7.5 million.
As a result, software sales in total amounted to EUR 11.7 million,
representing an unchanged proportion of 62 percent of consolidated
revenues. In view of the positive order situation, ATOSS also recorded
above-average growth in consulting, with sales rising 12 percent to EUR 4.9
million, representing 26 percent of turnover. Hardware, too, profited from
the successful development of the core software business, with sales coming
in at EUR 1.7 million (previous year EUR 1.5 million).

All of the figures quantifying the company's earnings developed even more
strongly than the sales figures. Operating profits (EBIT) for the first
half of 2014 were 10 percent higher at EUR 4.7 million. And whereas
earnings per share last year were substantially influenced by exceptional
factors among the financial results and amounted to EUR 0.12 per share,
this year has seen a marked improvement, with ATOSS reporting EPS of EUR
0.88 as of June 30, 2014. Net income rose correspondingly from EUR 0.5
million to EUR 3.5 million. Despite paying a dividend totaling EUR 2.9
million (EUR 0.72 per share) at the beginning of May, thanks to the
excellent development in business ATOSS was able to report liquidity up 47
percent at EUR 15.3 million.

The continuing strong customer interest in ATOSS solutions - impressively
demonstrated by the orders received in the past half-year - underscores the
company's outstanding future prospects. The Management Board regards the
latest record figures as an incentive for the future and expects the highly
positive development to be sustained in the current second half and
therefore also in financial year 2014 as a whole, as the company continues
on the path to further growth.

CONSOLIDATED OVERVIEW AS PER IFRS: 6-MONTH COMPARISON IN 000 EUR

<pre>

                 01.01.2-  Proportion of  01.01.2-  Proportion of    Change
                      014                      013
                             Total sales                             2014 /
                        -       revenues         -    Total sales      2013
                 30.06.2-                 30.06.2-       revenues
                      014                     013*



Sales              18,760           100%    17,531           100%        7%



Software           11,681            62%    10,860            62%        8%

Software            4,144            22%     3,794            22%        9%
licenses

Software            7,537            40%     7,066            40%        7%
maintenance

Consulting          4,945            26%     4,422            25%       12%

Hardware            1,681             9%     1,462             8%       15%

Miscellaneous         453             3%       787             5%      -42%



EBITDA              4,958            26%     4,540            26%        9%

EBIT                4,697            25%     4,256            24%       10%

EBT                 5,114            27%       442             3%     >100%

Net earnings        3,482            19%       460             3%     >100%

Cash flow           2,699            14%     2,790            16%       -3%

Liquidity (1/2)    15,325                   10,418                      47%

EPS (in euro)        0.88                     0.12                    >100%

Employees (3)         295                      280                       5%



</pre>

CONSOLIDATED OVERVIEW AS PER IFRS: QUARTERLY COMPARISON IN 000 EUR 

<pre>

                            Q2/14     Q1/14    Q4/13*    Q3/13*    Q2/13*



Sales                       9,107     9,653     9,025     8,949     8,840

Software                    5,771     5,910     5,617     5,369     5,585

Software licenses           2,002     2,142     1,965     1,779     2,025

Software maintenance        3,769     3,768     3,652     3,590     3,560

Consulting                  2,450     2,495     2,375     2,165     2,264

Hardware                      631     1,050       768     1,126       569

Miscellaneous                 255       198       264       289       422



EBITDA                      2,296     2,662     2,094     2,373     2,322

EBIT                        2,170     2,527     1,946     2,230     2,186

EBIT margin in %              24%       26%       22%       25%       25%

EBT                         2,270     2,844     1,385     2,493    -1,962

Net earnings                1,514     1,968       835     1,724    -1,290

Cash flow                  -1,279     3,979      -186     5,658       297

Liquidity (1/2)            15,325    19,493    15,249    16,177    10,418

EPS (in EUR]                 0.38      0.50      0.21      0.43     -0.32

Employees (3)                 295       293       289       280       280



</pre>

(1) Cash and cash equivalents, other current and non-current financial
assets (sight deposits, gold) as of the qualifying date, adjusted to
exclude borrowings (loans); (2): Dividend of EUR 3.62 per share on
29.04.2013 (TEUR 14,395) and dividend of EUR 0,72 per share on 02.05.2014
(TEUR 2,863); (3): at the end of the quarter/half year
* adjusted for the effects of IAS 19 R

Upcoming dates:
12.08.2014  Publication of the six months' statements
21.10.2014  Press release announcing nine months' statements
14.11.2014  Publication of the nine months' statements
24.-26.11.2014  German Equity Forum, Frankfurt

ATOSS Software AG is a provider of consulting, software and professional
services in the field of demand-oriented personnel planning, 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 EUR 36 million in financial year
2013. Currently the deployments of around 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 31 countries and eight languages. Customers
include enterprises such as ALDI SÜD, Coca-Cola, Deutsche Bahn, Edeka,
Klinikum Ingolstadt, Klinikum Rosenheim, Lufthansa, MEYER WERFT, Schmitz
Cargobull, Sixt, Stadt Regensburg and W.L. Gore & Associates. Further
information: 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 

 



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22.07.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
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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  
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278514 22.07.2014