30.01.2015 ATOSS Software AG  DE0005104400

DGAP-News: ATOSS Software AG: Ninth record year in succession sees sharply accelerated growth, outlook for 2015 positive


 
DGAP-News: ATOSS Software AG / Key word(s): Final Results/Dividend ATOSS Software AG: Ninth record year in succession sees sharply accelerated growth, outlook for 2015 positive 30.01.2015 / 08:00 --------------------------------------------------------------------- Provisional figures indicate that ATOSS Software AG increased sales in the financial year 2014 by 12 percent to EUR 39.7 million (previous year EUR 35.5 million). Generating double-digit growth overall, the Munich-based workforce management specialist recorded even higher increases in individual, important areas such as software licensing and consulting. This also applies to operating profits (EBIT), which climbed 16 percent to EUR 9.8 million (previous year EUR 8.4 million). And with a corresponding 25 percent margin on sales, following on from 24 percent last year, ATOSS has also once again succeeded in increasing its profitability. Sustained high demand for the company's solutions resulted in significant gains in orders received for software licenses, up by 45 percent at EUR 10.5 million. This was the first time in the history of ATOSS that licensing orders passed the EUR 10.0 million mark. In 2014, ATOSS recorded growth in products, markets and sectors and achieved sustained increases in its market share. The Management Board also takes a confident view of the current period and expects further record figures for a tenth successive year. Munich, January 30, 2015 ATOSS Software AG remained on course for further record performance throughout 2014, and the outstanding development in orders received provides a basis for substantial sales and earnings growth in the current financial year. One of the main reasons lies in the large number of new enterprise customers acquired in the company's Retail and Healthcare focus sectors. These successes not only confirm that ATOSS offers first-class solutions. They also reflect the company's extremely effective ability to address its target markets through its consistent long-term strategy of verticalization. Orders on hand for software licenses rose from EUR 3.5 million in the year before to EUR 5.4 million as of December 31, 2014, providing an outstanding basis for another record year. The excellent development in business operations and the continued acceleration in growth in the past financial year underscore the success of the ATOSS business model. With overall sales coming in at EUR 39.7 million, software licenses proved a driving force in the reporting period, putting on double-digit growth of 13 percent. The consistent positive development in software maintenance over many years was also sustained, with sales up 7 percent at EUR 15.4 million. Software turnover in total amounted to EUR 23.9 million, representing a 60 percent share of consolidated revenues. In the consulting area - driven by the excellent order intake for implementation services due to license sales - ATOSS also recorded a 13 percent rise, lifting sales to EUR 10.1 million. Against this background, hardware sales also increased from EUR 3.4 million to EUR 4.5 million. For years, ATOSS has maintained an impressively high level of profitability, as is aptly demonstrated once again by the 16 percent increase in EBIT which climbed to EUR 9.8 million in the past financial year, accompanied by a corresponding margin of 25 percent. Earnings per share, which were materially affected by one-off factors in the previous year, improved once more, rising from EUR 0.76 to EUR 1.77. Net earnings also more than doubled, coming in at EUR 7.0 million. Thanks to this excellent development in business, despite the dividend distribution totaling EUR 2.9 million at the beginning of May 2014, liquidity was up 35 percent over the year before at EUR 20.6 million. Not only was the financial year 2014 successful as a whole: The fourth quarter was particularly strong, yielding the highest quarterly sales in the company's history at EUR 10.9 million (previous year: EUR 9.0 million). Orders received for software licenses also hit a new quarterly record of EUR 3.4 million, while EBIT in the fourth quarter of the financial year amounted to EUR 2.6 million (previous year EUR 1.9 million) The Management Board intends to propose that in resolving on the appropriation of net income, the Supervisory Board recommends a dividend of EUR 0.88 per share (previous year EUR 0.72). This represents a continuation of the policy adopted by ATOSS more than a decade ago which foresees year on year continuity with the distribution of around 50 percent of earnings per share. The recommendations for the appropriation of net income put forward by the Management and Supervisory Boards will be resolved upon at the annual general meeting on April 28, 2015. Demand for workforce management solutions remains high in almost all sectors. The Management Board is of the opinion that the market continues to hold significant potential that ATOSS is ideally positioned to open up and develop. Especially in the prevailing volatile economic environment, continuous demand growth has been evident. Business models are changing at a radical pace and companies are under increasing pressure to find ways of improving productivity and increasing flexibility, while reducing operating costs at the same time - a fact that is most strongly underlined by the orders ATOSS booked in the past financial year 2014. The proven robust business model that underpins ATOSS Software AG and the positive outlook for growth offer further support for the company's excellent future prospects. Consequently, the Management Board anticipates that the company's record development will also continue for a tenth successive year in 2015, with an EBIT margin remaining securely above 20 percent. CONSOLIDATED OVERVIEW AS PER IFRS: YEAR ON YEAR COMPARISON IN 000 EUR

                 01.01.2-  Proportion of  01.01.2-  Proportion of    Change
                      014                      013
                             Total sales                             2014 /
                        -       revenues         -    Total sales      2013
                 31.12.2-                 31.12.2-       revenues
                      014                      013



Sales              39,683           100%    35,505           100%       12%

Software           23,878            60%    21,847            62%        9%

Software            8,517            21%     7,539            21%       13%
licenses

Software           15,361            39%    14,308            40%        7%
maintenance

Consulting         10,104            26%     8,962            25%       13%

Hardware            4,466            11%     3,356             9%       33%

Miscellaneous       1,235             3%     1,339             4%       -8%



EBITDA             10,305            26%     9,007            25%       14%

EBIT                9,787            25%     8,432            24%       16%

EBT                10,295            26%     4,320            12%      138%

Net earnings        7,032            18%     3,020             9%      133%

Cash flow           8,072            20%     8,262          23,3%       -2%

Liquidity (1/2)    20,583                   15,249                      35%

EPS (in euro)        1.77                     0.76                     133%

Employees (3)         305                      289



CONSOLIDATED OVERVIEW AS PER IFRS: QUARTERLY COMPARISON IN 000 EUR

                            Q4/14     Q3/14     Q2/14     Q1/14    Q4/13*



Sales                      10,938     9,985     9,107     9,653     9,025

Software                    6,387     5,810     5,771     5,910     5,617

Software licenses           2,443     1,930     2,002     2,142     1,965

Software maintenance        3,944     3,880     3,769     3,768     3,652

Consulting                  2,707     2,452     2,450     2,495     2,375

Hardware                    1,401     1,384       631     1,050       768

Miscellaneous                 443       339       255       198       264



EBITDA                      2,758     2,589     2,296     2,662     2,094

EBIT                        2,628     2,462     2,170     2,527     1,946

EBIT margin in %              24%       25%       24%       26%       22%

EBT                         2,770     2,411     2,270     2,844     1,385

Net earnings                1,911     1,639     1,514     1,968       835

Cash flow                    -573     5,945    -1,279     3,979      -186

Liquidity (1/2)            20,583    21,118    15,325    19,493    15,249



EPS (in EUR]                 0.48      0.41      0.38      0.50      0.21

Employees (3)                 305       300       295       293       289



(1) Cash and cash equivalents, other current and non-current financial assets (sight deposits, gold) as of the qualifying date, adjusted to exclude borrowings (loans); (2): Dividend of EUR 3.62 per share on 29.04.2013 (TEUR 14,395) and dividend of EUR 0.72 per share on 02.05.2014 (TEUR 2,863); (3): at the end of the quarter/half year * adjusted for the effects of IAS 19 R Upcoming dates: March 12, 2015 Publication of the annual report for 2014 March 12, 2015 Balance sheet press conference April 22, 2015 Press release announcing the 3-monthly financial statements April 28, 2015 Annual General Meeting May 13, 2015 Publication of the 3-monthly financial statements July 22, 2015 Press release announcing the 6-monthly financial statements August 14, 2015 Publication of the 6-monthly financial statements October 22, 2015 Press release announcing the 9-monthly financial statements Nov. 13, 2015 Publication of the 9-monthly financial statements Nov. 23-25, 2015 ATOSS at the German Equity Forum ATOSS Software AG is a provider of consulting, software and professional services in the field of demand-oriented personnel planning, and ranks as a forward-thinking pioneer in the workforce management sector. The company offers solutions for enterprises of all sizes, whatever their requirement scenarios. ATOSS solutions are renowned for maximum functionality and modern JAVA technology, offering users the benefits of total platform independence. Established in 1987 and meanwhile listed on the stock market, the company generated sales of around EUR 36 million in financial year 2013. Currently the deployments of around 2.8 million workers employed by more than 4,500 customers are managed with ATOSS solutions. The company's software products are in use in 40 countries and eight languages. Customers include enterprises such as ALDI SÜD, Coca-Cola, Deutsche Bahn, Edeka, Klinikum Ingolstadt, Klinikum Rosenheim, Lufthansa, MEYER WERFT, Schmitz Cargobull, Sixt, Stadt Regensburg and W.L. Gore & Associates. Further information: 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 --------------------------------------------------------------------- 30.01.2015 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP 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 --------------------------------------------------------------------- 317631 30.01.2015


Die wichtigsten Finanzdaten auf einen Blick
  2012 2013 2014 2015 2016 2017 2018 2019e
Umsatzerlöse1 33,00 35,50 39,68 44,94 49,54 54,61 62,61 70,50
EBITDA1,2 8,19 9,01 10,31 12,03 14,28 14,88 17,99 20,20
EBITDA-Marge3 24,82 25,38 25,98 26,77 28,83 27,25 28,73 28,65
EBIT1,4 7,62 8,43 9,79 11,34 13,57 14,13 16,92 19,00
EBIT-Marge5 23,09 23,75 24,67 25,23 27,39 25,87 27,02 26,95
Jahresüberschuss1 5,77 3,02 7,03 7,59 9,28 9,33 11,19 12,60
Netto-Marge6 17,48 8,51 17,72 16,89 18,73 17,08 17,87 17,87
Cashflow1,7 3,35 8,26 8,07 7,98 12,24 8,86 12,61 0,00
Ergebnis je Aktie8 1,45 0,76 1,77 1.91 2,33 2,35 2,81 3,10
Dividende8 3,62 0,72 0,88 2,80 1,16 1,17 4,00 1,30
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2018 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Ernst & Young

INVESTOR-INFORMATIONEN
©boersengefluester.de
Atoss Software
WKN Kurs in € Einschätzung Börsenwert in Mio. €
510440 140,000 Kaufen 556,72
KGV 2020e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
38,89 25,90 1,502 73,72
KBV KCV KUV EV/EBITDA
44,54 44,15 8,89 29,857
Dividende '19 in € Dividende '20e in € Div.-Rendite '19e
in %
Hauptversammlung
1,30 1,50 0,93 30.04.2019
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
25.04.2019 09.08.2019 24.10.2019 08.03.2019
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
6,50% 14,05% 78,12% 76,32%
    
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Software , 510440 , AOF , XETR:AOF