ATOSS Software AG

Growth continues for an 11th successive year, new record sales and earnings, future outlook positive

Business news for the stock market

Munich (pta009/31.01.2017/08:00) - ATOSS Software AG reports continuing success as provisional results show all key figures again reaching new record highs in financial year 2016. Consolidated sales were up by a substantial 10 percent at EUR 49.5 million. And despite significant future-oriented investments, ATOSS once again exceeded the excellent development in earnings achieved in previous years: double-digit growth saw operating profits (EBIT) climb by 20 percent to EUR 13.6 million with a margin on sales up from 25 percent last year to 27 percent. With these figures, the workforce management specialist has succeeded in further intensifying its dynamic growth and profitability.

The ATOSS success story has now been sustained for eleven years in succession. The ATOSS business model continues to prove extremely successful and highly robust. The double-digit growth in sales offers clear evidence of the competitive strength of this Munich-based leader in innovation, as well as illustrating the steadily increasing importance of workforce management as a corporate instrument. This was emphatically reflected once again in the orders booked in financial year 2016. Orders for software licenses including the software component of contracted Cloud solutions amounted to EUR 12.3 million (previous year: EUR 11.1 million). The cloud business reported especially successful developments with total order intake up by 45 percent to EUR 3.5 million. As a result, at EUR 5.3 million, the order volume for Cloud solutions has almost doubled, following on from EUR 2.7 million in the prior year.

The final figure for overall sales revenues at EUR 49.5 million marked a new high point in the company's history. As the main driver of growth, software licenses accounted for EUR 11.2 million during the period, representing an increase of 14 percent over the year before. The consistent positive development in software maintenance over recent years was also sustained, with sales up 7 percent at EUR 18.1 million. As a result, turnover in software amounted to EUR 29.3 million, representing a proportion of 59 percent of consolidated revenues. In the field of consulting - supported by the excellent order situation for implementation services following the sale of licenses - ATOSS saw turnover increase by 12 percent to EUR 13.4 million. Hardware sales amounted to EUR 4.4 million (previous year: EUR 4.6 million), while other miscellaneous sales came in at EUR 2.4 million, up by EUR 0.7 million over the year before.