DGAP-News: ATOSS Software AG: The success story continues with new record sales and earnings for a seventh year.

(DGAP Corporate News Via Acquire Media NewsEdge) DGAP-News: ATOSS Software AG / Key word(s): Final Results ATOSS Software AG: The success story continues with new record sales and earnings for a seventh year.

31.01.2013 / 08:00 --------------------------------------------------------------------- Munich, 31.01.2013 - Provisional figures show that ATOSS Software AG substantially increased sales in financial year 2012 to EUR 33.0 million (previous year EUR 31.6 million). The core software business grew at an even faster rate to reach EUR 20.1 million (previous year EUR 18.8 million). Operating profits (EBIT) amounted to EUR 7.6 million, up from EUR 7.3 million in the year before, with the EBIT margin unchanged at a strong 23 percent. The Munich-based specialist in workforce management has now maintained continuous growth for seven years in succession, while creating the basis for further excellent development.

The increase in sales recorded by ATOSS Software AG in the past financial year was essentially attributable to the outstanding growth in the company's core software segment. As a result, software accounted for 61 percent of total sales, up from 60 percent in the year before. Software licenses accounted for EUR 7.0 million (previous year EUR 6.7 million), with software maintenance contributing EUR 13.2 million in revenues (previous year EUR 12.1 million). The marked increase in orders for software licenses - which climbed 9 percent to EUR 7.5 million - was particularly gratifying. Meanwhile, the consulting business generated EUR 8.7 million in turnover (previous year EUR 8.4 million).

The fourth quarter in particular boosted the company's success in 2012 and added momentum for the current year 2013. With sales coming in at EUR 8.5 million (previous year EUR 8.2 million), ATOSS generated the highest quarterly revenues in its history. The 28 percent increase in orders booked for software licenses - worth a total of EUR 2.7 million - relative to the prior year period was particularly impressive. At EUR 3.8 million, orders on hand for software licenses on the December 31 closing date were up by a strong 16 percent over the previous year's figure of EUR 3.3 million.

ATOSS again proves its profitability The operating profit (EBIT) in the past financial year was up four percent at EUR 7.6 million (previous year EUR 7.3 million). And despite increased investment in sales and marketing, research and development, the EBIT margin again reached the previous year's record level of 23 percent. Net income for the year, coming in at EUR 5.8 million (previous year 5.7 million) developed slightly over previous year's level.

As a result the company set another new record with earnings per share of EUR 1.45 (previous year EUR 1.43). The management board will propose to the supervisory board a dividend of EUR 3.62 per share. This out payment includes a dividend of EUR 0.72 (previous year EUR 0.71) in accordance with the out payment policy in previous years and a special dividend amounting to EUR 2.90 per share. The proposal concerning the out payment made by the administrative organs of the company will be decided upon the AGM on April 26, 2013.

ATOSS scores with a robust balance sheet Due to closing date effects the cash flow booked in 2012 at EUR 3.4 million fell short of the previous year's figure of EUR 5.3 million. Liquidity was up 2 percent at EUR 25.4 million (previous year EUR 24.9 million), equivalent to EUR 6.40 per share (previous year EUR 6.25). The equity ratio on December 31, 2012 stood at 71 percent, up 4 percentage points over the year before.

Successful verticalization strategy continued ATOSS is steadily pushing ahead with its successful strategy of verticalization, which entails providing customers with a customized portfolio of solutions dedicated to their own specific needs. ATOSS solutions are firmly established on the workforce management market. In the past financial year numerous high-profile new customers have opted for ATOSS, substantially broadening the company's customer base in Germany and abroad.

ATOSS is outstandingly well placed to set new records in 2013 ATOSS Software AG is ideally positioned for the currently year 2013.

Building on its already first-class orderbook, the company looks forward to a continuation of the positive development seen in recent years. While maintaining its investment in sales and marketing and the development of new markets, the Management Board anticipates continuing growth in the current financial year with an EBIT margin remaining above 20%.

Upcoming dates: 12.03.2013 Publication of the annual report for 2012 12.03.2013 Balance sheet press conference 22.04.2013 Press release - report for Q1 26.04.2013 Annual general meeting 13.05.2013 Publication of the Q1 report 22.07.2013 Press release - report for H1 12.08.2013 Publication of the H1 report 21.10.2013 Press release - report for Q3 15.11.2013 Publication of the Q3 report CONSOLIDATED OVERVIEW AS PER IFRS: YEAR ON YEAR COMPARISON IN 000 EUR (provisional figures for 2012) 01.01.2012 Proportion 01.01.2011 Proportion Change of of 2012 / - total sales - total sales 2011 31.12.2012 31.12.2011 Sales 33,005 100% 31,575 100% 5% Software 20,143 61% 18,821 60% 7% Software licenses 6,987 21% 6,686 21% 5% Software maintenance 13,156 40% 12,135 38% 8% Consulting 8,716 26% 8,382 27% 4% Hardware 2,663 8% 2,806 9% -5% Others 1,483 4% 1,566 5% -5% EBITDA 8,191 25% 7,794 25% 5% EBIT 7,620 23% 7,308 23% 4% EBT 8,528 26% 8,411 27% 1% Net profit 5,760 17% 5,675 18% 1% Cash flow 3,355 10% 5,318 17% -37% Liquidity (1/2) 25,444 24,851 2% EPS (in euro) 1.45 1.43 1% Employees (3) 276 269 3% CONSOLIDATED OVERVIEW AS PER IFRS: QUARTERLY COMPARISON IN 000 EUR (provisional figures for Q4 2012) Q4/12 Q3/12 Q2/12 Q1/12 Q4/11 Sales 8,490 8,242 8,437 7,836 8,229 Software 5,292 4,977 5,017 4,857 4,891 Software licenses 1,931 1,655 1,745 1,656 1,772 Software maintenance 3,361 3,322 3,272 3,201 3,119 Consulting 2,182 2,048 2,248 2,238 2,145 Hardware 600 851 665 547 607 Others 416 366 507 194 586 EBITDA 1,851 2,028 2,207 2,105 1,894 EBIT 1,702 1,881 2,070 1,967 1,766 EBIT margin in % 20% 23% 25% 25% 21% EBT 1,772 2,283 2,147 2,326 1,812 Net profit 1,197 1,551 1,465 1,547 1,199 Cash flow (4) -1,945 3,143 -1,001 3,158 -1,642 Liquidity (1/2) 25,444 28,657 24,615 28,496 24,851 EPS (in euro) 0.30 0.39 0.37 0.39 0.30 Employees (3) 276 270 266 265 269 (1): Cash and cash equivalents, current and non-current financial assets (e.g. gold, equities); (2): Dividend of EUR 0.71 per share on 23.04.2012 (TEUR 2,823), previous year EUR 0.60 per share (TEUR 2,386); (3): At the end of the year / quarter; (4) Cash flow in comparison with 2011 adjusted for interest income and expenditure, since from December 31, 2011 this is reported within cash flow from investment activities.

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 End of Corporate News --------------------------------------------------------------------- 31.01.2013 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 --------------------------------------------------------------------- 200251 31.01.2013

[ Back To Technology News's Homepage ]