PTA-News: ATOSS Software AG: Dividend payment of EUR 1.16 per share approved; Continued growth in 2017

4/28/2017, 4:59 PM (Source: pressetext)
München (pta041/28.04.2017/16:59) - Munich, April 28, 2017

Business news for the stock market

München (pta041/28.04.2017/16:59) - Munich, April 28, 2017

At today's annual general meeting of ATOSS Software AG, the Management Board reported on the continuing positive development of the company. For the 11th time in succession the Munich-based specialist in workforce management succeeded in setting new heights in sales and earnings - demonstrating repeatedly the high degree of stability and success of ATOSS business model.

Shareholders at the AGM approved the management's proposals unanimously or by an overwhelming majority. The members of the Supervisory Board were confirmed in office and the proposed dividend of EUR 1.16 (previous year: 0.95) per share was also approved.

ATOSS Software AG therefore remains true to its dividend policy which provides for continuity and allows shareholders to enjoy a generous share in the company's success. The cumulative amount paid out to shareholders over the past fifteen years including some special payments adds up to EUR 20.35 per share. In addition to substantial growth in the ATOSS share price - well above the development in comparative indices - the annual dividend payments underscore the attractiveness of a long-term investment in ATOSS Software AG. Based on the price for the stock at the end of 2016, the company is offering a dividend yield of 2.2 percent (previous year: 4.1 percent).

Even after the payment to shareholders on May 4, 2017 ATOSS continues to have considerable liquidity at its disposal in the amount of more than EUR 20 million as well as a strong equity.

The Management Board, supported by the gratifying start to the year, stands by its guidance for financial year 2017 and continues to anticipate sales growth of 10 percent within a corridor of +/-3 percent. The EBIT margin is also expected to remain around 25 percent.

Upcoming dates:

July, 25, 2017 Press release announcing the 6-monthly financial statements
August 11, 2017 Publication of the 6-monthly financial statements
October 25, 2017 Publication of the 9-monthly financial statements
November 27-29, 2017 ATOSS at the German Equity Forum

Background information
ATOSS Software AG is a provider of consulting, software and services focusing on professional workforce management and demand optimized personnel deployment. From conventional working time management to mobile apps, detailed workforce forecasting, sophisticated workforce scheduling or strategic capacity and demand scheduling, ATOSS has the right solution - in-the-cloud or on-premises. The modular product families are distinguished by maximum functionality and state-of-the-art technology and are entirely platform-independent. Established in 1987, the stock market listed company generated sales of around EUR 49,5 million in financial year 2016. ATOSS workforce management solutions are now delivering measurable contributions to greater value creation and competitive strengths for around 5,000 customers in over 40 countries, while at the same time enhancing fair planning and job satisfaction. Customers include enterprises such as Coca Cola, Deutsche Bahn, Edeka, Leverkusen Clinical Center, Lufthansa, Meyer Werft, Schmitz Cargobull, Sixt, the municipality of Regensburg and W.L. Gore & Associates. More information is available at: www.atoss.com

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

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emitter: ATOSS Software AG
address: Am Moosfeld 3, 81829 München
country: Germany
contact person: Christof Leiber
phone: +49 89 42771-0
e-mail: investor.relations@ATOSS.com
website: www.atoss.com

ISIN(s): DE0005104400 (share)
stock exchanges: regulated market in Frankfurt; free market in Stuttgart, free market in Munich, free market in Hamburg, free market in Dusseldorf; open market in Berlin, Tradegate

[ source: http://www.pressetext.com/news/20170428041 ]