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ATOSS Software AG: AGM approves increased dividend of EUR 0.88, ATOSS on course for another record performance in 2015
DGAP-News: ATOSS Software AG / Key word(s): AGM/EGM/Dividend
ATOSS Software AG: AGM approves increased dividend of EUR 0.88, ATOSS
on course for another record performance in 2015
28.04.2015 / 16:19
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ATOSS Software AG: AGM approves increased dividend of EUR 0.88, ATOSS on
course for another record performance in 2015
Munich, 28.04.2015 - At today's annual general meeting the Management Board
of ATOSS Software AG presented the company's ninth record results in
succession and reported an optimistic outlook for the current year. The
shareholders approved the management's proposals unanimously or by an
overwhelming majority.
In financial year 2014 ATOSS achieved an operating profit (EBIT) of EUR 9.8
million (previous year: EUR 8.4 million) on sales of EUR 39.7 million
(previous year: EUR 35.5 million). Earnings per share amounted to EUR 1.77
(previous year: EUR 0.76).
The 22% increase approved today by the shareholders lifted the dividend to
EUR 0.88 (previous year: EUR 0.72). The company therefore remains true to
its dividend policy to enable shareholders to participate in the company's
success by distributing around 50% of earnings per share. Based on the
price for the stock at the end of 2014, the company is offering a dividend
yield of 2.7%. The dividend will be disbursed to shareholders on April 29,
2015.
In addition to the appropriation of net income, shareholders also voted
unanimously or by an overwhelming majority to formally discharge the
Management and Supervisory Boards and adopt management proposals to elect
auditors and appoint Supervisory Board members and approve an authority to
purchase treasury shares.
With the figures for the first quarter of 2015 now published, it is clear
that ATOSS Software AG is on track for a further record performance. This
was the best first quarter in the company's history with sales up 11% at
EUR 10.7 million and EBIT increased by 10 % to EUR 2.8 million, firmly
underpinning the positive full-year outlook. The Management Board remains
unchanged in its expectation for further highly positive development in
financial year 2015 with continuing growth in sales. The current software
licensing order book of EUR 5.0 million (previous year: EUR 4.1 million)
provides an excellent basis on which to build. Despite further planned
ATOSS Software AG: AGM approves increased dividend of EUR 0.88, ATOSS on
course for another record performance in 2015
Munich, 28.04.2015 - At today's annual general meeting the Management Board
of ATOSS Software AG presented the company's ninth record results in
succession and reported an optimistic outlook for the current year. The
shareholders approved the management's proposals unanimously or by an
overwhelming majority.
In financial year 2014 ATOSS achieved an operating profit (EBIT) of EUR 9.8
million (previous year: EUR 8.4 million) on sales of EUR 39.7 million
(previous year: EUR 35.5 million). Earnings per share amounted to EUR 1.77
(previous year: EUR 0.76).
The 22% increase approved today by the shareholders lifted the dividend to
EUR 0.88 (previous year: EUR 0.72). The company therefore remains true to
its dividend policy to enable shareholders to participate in the company's
success by distributing around 50% of earnings per share. Based on the
price for the stock at the end of 2014, the company is offering a dividend
yield of 2.7%. The dividend will be disbursed to shareholders on April 29,
2015.
In addition to the appropriation of net income, shareholders also voted
unanimously or by an overwhelming majority to formally discharge the
Management and Supervisory Boards and adopt management proposals to elect
auditors and appoint Supervisory Board members and approve an authority to
purchase treasury shares.
With the figures for the first quarter of 2015 now published, it is clear
that ATOSS Software AG is on track for a further record performance. This
was the best first quarter in the company's history with sales up 11% at
EUR 10.7 million and EBIT increased by 10 % to EUR 2.8 million, firmly
underpinning the positive full-year outlook. The Management Board remains
unchanged in its expectation for further highly positive development in
financial year 2015 with continuing growth in sales. The current software
licensing order book of EUR 5.0 million (previous year: EUR 4.1 million)
provides an excellent basis on which to build. Despite further planned
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