DGAP-News

ATOSS Software AG: New record figures confirm growth continues for an eleventh year in succession

DGAP-News: ATOSS Software AG / Key word(s): Quarterly / Interim
Statement/9-month figures
ATOSS Software AG: New record figures confirm growth continues for an
eleventh year in succession

25.10.2016 / 08:00
The issuer is solely responsible for the content of this announcement.

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ATOSS Software AG: New record figures confirm growth continues for an
eleventh year in succession

ATOSS Software AG succeeded in increasing sales in the first nine months by
a clear 11 percent to EUR 36.5 million. Moreover, despite significant
future-oriented investments, the specialist in demand-oriented workforce
scheduling continued to expand earnings and set new records. Operating
profits (EBIT) rose by an outstanding 16 percent to EUR 9.8 million while
the margin on sales climbed to 27 percent, up from 26 percent last year.
Once again the company has been successful in continuing its dynamic growth
and extending its profitability. In view of the highly positive development
in business, the Management Board is convinced that ATOSS will close the
year with new record figures for the eleventh time in succession.

Munich, October 25, 2016

The strategy to offer the comprehensive range of solutions suites for
companies of all sizes, as well "on-premise" as in the Cloud, has paid off
for ATOSS once again. With its full range offering, the Munich-based
specialist has again succeeded in the first nine months in convincing large
numbers of prominent customers to choose ATOSS as an innovative partner for
workforce management. Demand for the customer-oriented workforce scheduling
solutions developed by ATOSS is unabated. This is quite impressively
reflected in the orders booked during the financial year for software
licenses and the software component of contracted Cloud solutions together
amounting to EUR 9.0 million (previous year: EUR 8.0 million). The company
also recorded strong growth in sales revenues and operating profits.

With overall Group turnover totaling EUR 36.5 million, sales of software
licenses - the driving force behind the company's growth - increased by 14
percent during the reporting period. The consistent positive development in
software maintenance over recent years was successfully extended, with
sales up 7 percent at EUR 13.4 million. As a result, turnover in software
amounted to EUR 21.5 million, representing a proportion of 59 percent of
consolidated revenues (previous year: 59 percent). In the field of
consulting - supported by the excellent order situation for implementation