ATOSS Software AG: Best ever first quarter in the company's history, sales up 10%, EBIT up 16%, forecast raised

ATOSS Software AG  / Key word(s): Quarter Results/Change in Forecast

14.04.2011 09:53

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Munich, 14.04.2011 - In the period from January to March 2011 ATOSS
Software AG recorded the best ever first quarter in the company's history.
The Munich-based specialist in workforce management achieved a 10% increase
in sales, lifting turnover to EUR 7.8 million (previous year EUR 7.1
million). There was substantial growth in other key figures, too, with
operating profits (EBIT) and net income climbing 16%. With EBIT of EUR 1.9
million (previous year EUR 1.7 million), the company posted its best ever
quarterly result. Net income amounted to EUR 1.3 million (previous year:
EUR 1.2 million). ATOSS Software AG continues to achieve record performance
for the sixth year in succession.

The development in the order situation was equally positive. At EUR 2.0
million, orders received to March 31, 2011 were up 7% on last year's figure
of EUR 1.8 million, while orders on hand also increased substantially. At
the end of the 1st quarter of 2011, the order book stood at EUR 3.4
million, some 10% up on the comparative figure of EUR 3.1 million on
December 31, 2010.

Against the background of these quarterly results and the current order
situation, it is now possible to project current year developments with
proportionately greater reliability. The Management Board at ATOSS Software
now expects moderate growth in financial year 2011 with a secure EBIT
margin of over 20%. The previous forecast had envisaged stable to
moderately increasing sales with an EBIT margin of around 20% for 2011.

The company will present its full provisional figures for the first quarter
of the year on April 26, 2011. The quarterly report will be published on
May 16, 2011.

ATOSS Software AG, Am Moosfeld 3, D-81829 Munich
Christof Leiber / Management Board
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
              Deutschland
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 Announcement                             DGAP News-Service
 
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