DGAP-News: ATOSS Software AG / Key word(s): 9-month figures/Quarter Results ATOSS Software AG: 9-months figures for 2014 confirm sustained growth for a ninth record year 21.10.2014 / 08:00 --------------------------------------------------------------------- ATOSS Software AG remains on course for continued growth. Provisional figures at the end of the first nine months of 2014 again signal new performance records. With sales up 9 percent at EUR 28.7 million, operating profits (EBIT) were 10 percent higher at EUR 7.2 million. And with a corresponding margin on sales of 25 percent, following on from 24 percent last year, ATOSS has also succeeded once again in increasing its profitability. Thanks to sustained high demand for the solutions developed by the Munich-based workforce management specialist, orders received for software licenses rose by a substantial 39 percent. Munich, October 21, 2014 ATOSS Software AG is reporting highly successful business developments for the ninth year in succession. The order situation has developed along particularly positive lines. After just nine months, orders received for software licenses now amount to EUR 7.1 million, almost on a par with the full-year total of EUR 7.2 million for 2013. One of the main reasons lies in the large number of new enterprise customers acquired in the company's Retail and Medical focus sectors. These successes not only confirm that ATOSS offers first-class solutions: they also reflect the effectiveness with which the company is able to address its target markets through its long-term strategy of verticalization. Orders on hand for software licenses rose from EUR 3.3 million last year to EUR 4.5 million as of September 30, 2014, constituting an excellent foundation for the rest of this financial year and beyond. This positive development in business operations and the company's stable growth underscore the success of the ATOSS AG business model. With overall turnover totaling EUR 28.7 million, sales of software licenses - the driving force behind the company's growth - increased by 9 percent during the reporting period. The consistent positive development in software maintenance over recent years was also sustained, with sales up 7 percent at EUR 11.4 million. As a result, turnover in software amounted to EUR 17.5 million, representing a proportion of 61 percent of consolidated revenues. In the field of consulting - supported by the excellent order situation for implementation services following the purchase of licenses - ATOSS saw sales rise by 12 percent to EUR 7.4 million. Hardware sales increased from EUR 2.6 million to EUR 3.1 million. The 10 percent rise in operating profits (EBIT) that advanced to EUR 7.2 million demonstrates the profitability of ATOSS. Earnings per share, which were materially affected by one-off factors in the previous year, improved once more, rising from EUR 0.54 to EUR 1.29. Net earnings also more than doubled, coming in at EUR 5.1 million. Thanks to this excellent business development, liquidity was 38 percent up on the year before at EUR 21.1 million, despite the dividend payment of EUR 2.9 million in May 2014. ATOSS Software AG is headed firmly for a ninth record year in succession, while the excellent order situation in turn presents further growth perspectives. The increase in orders received for software licenses, up 39 percent on the year before, provides a first-class basis for continuing development. The company enjoys excellent prospects and will continue to chart a growth course - now and in future. CONSOLIDATED OVERVIEW AS PER IFRS: 9-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 30.09.2- 30.09.2- revenues 014 013* Sales 28,745 100% 26,480 100% 9% Software 17,491 61% 16,229 61% 8% Software 6,074 21% 5,573 21% 9% licenses Software 11,417 40% 10,656 40% 7% maintenance Consulting 7,397 26% 6,587 25% 12% Hardware 3,065 10% 2,588 10% 18% Miscellaneous 792 3% 1,076 4% -26% EBITDA 7,547 26% 6,913 26% 9% EBIT 7,159 25% 6,486 24% 10% EBT 7,525 26% 2,935 11% >100% Net earnings 5,122 18% 2,185 8% >100% Cash flow 8,644 30% 8,448 32% 2% Liquidity (1/2) 21,118 16,177 31% EPS (in euro) 1.29 0.55 >100% Employees (3) 300 280 7% </pre> CONSOLIDATED OVERVIEW AS PER IFRS: QUARTERLY COMPARISON IN 000 EUR <pre> Q3/14 Q2/14 Q1/14 Q4/13* Q3/13* Sales 9,985 9,107 9,653 9,025 8,949 Software 5,810 5,771 5,910 5,617 5,369 Software licenses 1,930 2,002 2,142 1,965 1,779 Software maintenance 3,880 3,769 3,768 3,652 3,590 Consulting 2,452 2,450 2,495 2,375 2,165 Hardware 1,384 631 1,050 768 1,126 Miscellaneous 339 255 198 264 289 EBITDA 2,589 2,296 2,662 2,094 2,373 EBIT 2,462 2,170 2,527 1,946 2,230 EBIT margin in % 25% 24% 26% 22% 25% EBT 2,411 2,270 2,844 1,385 2,493 Net earnings 1,639 1,514 1,968 835 1,724 Cash flow 5,945 -1,279 3,979 -186 5,658 Liquidity (1/2) 21,118 15,325 19,493 15,249 16,177 EPS (in EUR] 0.41 0.38 0.50 0.21 0.43 Employees (3) 300 295 293 289 280 </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: 14.11.2014 Publication of the nine months' statements Analyst conference 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 32 countries and eight languages. Customers include enterprises such as ALDI SÃD, 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 --------------------------------------------------------------------- 21.10.2014 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP 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 --------------------------------------------------------------------- 292441 21.10.2014
DGAP-News: ATOSS Software AG: 9-months figures for 2014 confirm sustained growth for a ninth record year
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