29.01.2016 ATOSS Software AG  DE0005104400

DGAP-News: ATOSS Software AG: Success story continues with 10th record results in succession


 
DGAP-News: ATOSS Software AG / Key word(s): Final Results/Dividend ATOSS Software AG: Success story continues with 10th record results in succession 29.01.2016 / 08:00 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Success story continues with 10th record results in succession Munich, January 29, 2016 - ATOSS Software AG has achieved new record sales and earnings figures for financial year 2015, as provisional figures show. The company exceeded its targets for the year and hastened its already dynamic pace of growth. The sustained demand for professional business management solutions drove all key financial figures to new highs, with consolidated sales rising 13 percent to EUR 44.9 million. The core software business saw growth of 12 percent, contributing EUR 26.7 million (previous year: EUR 23.9 million). Operating profits (EBIT), meanwhile, climbed 16 percent to EUR 11.3 million. The Munich-based specialist in workforce management has now achieved record figures for the 10th successive year, maintaining growth and creating the basis for further outstanding business development. Thanks to its strategy as a full range provider with a comprehensive range of solutions for companies of all orders of magnitude, with all ATOSS solutions available "on premises" or in the cloud and a long-standing focus on specific sectors, the company has again succeeded in convincing large numbers of renowned clients that ATOSS is the right partner to choose for workforce management. This is clearly evidenced by the orders booked for software licenses which will continue to add significant momentum for growth in financial year 2016. In total, orders on hand for software licenses increased from EUR 5.4 million in the past year to stand at EUR 5.9 million as of December 31, 2015, with orders for cloud solutions advancing strongly from EUR 0.6 million to EUR 2.7 million. With overall sales revenues up 13 percent to EUR 44.9 million, software licensing - the driving force behind the ATOSS business model - climbed 16 percent in financial year 2015 to reach EUR 9.8 million. There was a similar consistent positive trend in software maintenance, with double-digit growth of 10 percent lifting sales to EUR 16.9 million. As a result, software sales in total amounted to EUR 26.7 million, representing an unchanged proportion of 60 percent of consolidated revenues. In view of the extremely positive order situation for implementation services following on from software license sales, ATOSS also recorded above-average growth in consulting, with sales rising 18 percent to EUR 11.9 million, representing 26 percent of turnover. A gratifying increase in other income was also recorded, which rose by 39 percent to EUR 1.7 million, due mainly to the successful establishment and development of the company's hosting business. Hardware sales amounted to EUR 4.6 million (previous year: EUR 4.5 million). ATOSS has for years maintained an impressively high level of profitability. In 2015 once again, operating profits climbed 16 percent to EUR 11.3 million, equating to a margin on sales of 25 percent. Following the sale in July 2015 of the major part of its investment holdings in gold, as of December 31 the company posted essentially flat financial earnings of TEUR -22 (previous year TEUR 508). Powered by the generally excellent development in business, EPS increased from EUR 1.77 to EUR 1.91. Despite the dividend payment of EUR 3.5 million at the end of April, net liquidity rose from EUR 20.6 million to EUR 24.4 million, reflecting the financial strength and solidity of the ATOSS Group. Not only was financial year 2015 very successful as a whole: the fourth quarter also proved particularly strong. With sales coming in at EUR 11.9 million (previous year: EUR 10.9 million), ATOSS recorded the highest quarterly turnover in the company's 28-year history. EBIT in the fourth quarter of the financial year amounted to EUR 2.9 million (previous year: EUR 2.6 million). The Management Board intends to propose that in resolving on the appropriation of net income, the Supervisory Board recommends a dividend of EUR 2.80 per share. This out payment includes a dividend of EUR 0.95 (previous year: EUR 0.88) in accordance with the out payment policy in previous years and a special dividend amounting to EUR 1.85 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 26, 2016. The market for workforce management continues to offer substantial growth potential. Especially in an environment in which business models are changing rapidly, the demands made on businesses themselves are growing. Companies face increasing challenges to improve their productivity and boost flexibility, while at the same time reducing operating costs. Consequently, the demand for workforce management solutions is growing. ATOSS is excellently positioned in this market environment. Not least, the fact that all products are now available as cloud solutions has opened the door to new customer groups and yielded additional orders. The orders booked in the past year for software licenses and the proportion of software accounted for by contracted cloud solutions together amounting to EUR 11.1 million (previous year: EUR 10.7 million) leave no room for the doubt that the growth potential of ATOSS is far from being exhausted. Against this background, the Management Board expects the success story to continue in 2016 with an EBIT margin of around 25 percent. CONSOLIDATED OVERVIEW AS PER IFRS: YEAR ON YEAR COMPARISON IN KEUR

                      01.01.2015 Proportion 01.01.2014 Proportion    Change
                              -         of          -          of    2015 /
                      31.12.2015     Total  31.12.2014 Total sales     2014
                                     sales

Total sales              44,941       100%     39,683        100%       13%

Software                 26,714        60%     23,878         60%       12%
Software licenses         9,838        22%      8,517         21%       16%
Software maintenance     16,876        38%     15,361         39%       10%
Consulting               11,906        26%     10,104         26%       18%
Hardware                  4,610        10%      4,466         11%        3%
Others                    1,711         4%      1,235          3%       39%

EBITDA                   12,032        27%     10,305         26%       17%
EBIT                     11,344        25%      9,787         25%       16%
EBT                      11,322        25%     10,295         26%       10%
Net profit                7,591        17%      7,032         18%        8%
Cash flow                 7,980        18%      8,072         20%       -1%
Liquidity (1/2)          24,368                20,583                   18%
EPS in euro                1.91                  1.77                    8%
Employees (3)               340                   305                   11%


CONSOLIDATED OVERVIEW AS PER IFRS: QUARTERLY COMPARISON IN KEUR

                            Q4/15     Q3/15     Q2/15     Q1/15     Q4/14

Total sales                11,888    11,390    10,956    10,707    10,938
Software                    7,125     6,640     6,624     6,325     6,387
Software licenses           2,782     2,391     2,436     2,229     2,443
Software maintenance        4,343     4,249     4,188     4,096     3,944
Consulting                  3,125     2,965     3,022     2,794     2,707
Hardware                    1,094     1,363       838     1,316     1,401
Others                        544       423       472       272       443

EBITDA                      3,182     3,000     2,952     2,898     2,758
EBIT                        2,909     2,858     2,809     2,768     2,628
EBIT margin in %              25%       25%       26%       26%       24%
EBT                         2,855     2,587     2,545     3,335     2,770
Net profit                  1,867     1,750     1,717     2,257     1,911
Cash flow                   7,980     5,692      -550     5,146      -573
Liquidity (1/2)            24,368    27,041    21,820    26,218    20,583
EPS in euro                  0.47      0.44      0.43      0.57      0.48
Employees (3)                 340       330       318       313       305


(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 0.88 per share on 29.04.2015 (kEUR 3,499) (3) at the end of the quarter/year Upcoming dates: March 10, 2016 Publication of the annual report for 2015 March 10, 2016 Balance sheet press conference April 22, 2016 Publication of the 3-monthly financial statements April 26, 2016 Annual General Meeting July 22, 2016 Press release announcing the 6-monthly financial statements August 12, 2016 Publication of the 6-monthly financial statements October 25, 2016 Publication of the 9-monthly financial statements Nov. 23-25, 2016 ATOSS at the German Equity Forum Background information ATOSS Software AG is a provider of software, consulting and professional services in the field of demand-oriented deployment of staff, 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 44.9 million EUR in financial year 2015. Currently the deployments of around 3 million workers employed by more than 4,500 customers are managed with ATOSS solutions. The company's software products are in use in more than 40 countries and eight languages. Customers include enterprises such as ALDI SÜD, Coca-Cola, Deutsche Bahn, Douglas, EDEKA, Clinical Center Ingolstadt, Clinical Center Rosenheim, Lufthansa, MEYER WERFT, Schmitz Cargobull, Sixt, Municipal of Regensburg, ThyssenKrupp Rasselstein 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



--------------------------------------------------------------------------- 29.01.2016 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: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart End of News DGAP News Service --------------------------------------------------------------------------- 432991 29.01.2016


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 3,00
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 132,000 Kaufen 524,91
KGV 2020e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
39,40 25,78 1,517 69,51
KBV KCV KUV EV/EBITDA
41,99 41,63 8,38 28,088
Dividende '18 in € Dividende '19e in € Div.-Rendite '18
in %
Hauptversammlung
4,00 1,30 3,03 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
3,74% 11,47% 67,94% 74,14%
    
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Software , 510440 , AOF , XETR:AOF