DGAP-News: ATOSS Software AG: 9-months figures for 2014 confirm sustained growth for a ninth record year


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

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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 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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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                                             
 
 
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