EQS-News: ATOSS Software SE: Revenue growth and high profitability maintained in third quarter 2024 – new record figures for the year within reach
Source: EQS
ATOSS Software SE succeeded in maintaining its dynamic growth of the first half of the year in the third quarter, setting new records for revenue and earnings. Group revenues in the first three quarters rose by 14 percent to EUR 125.9 million (previous year: EUR 110.3 million) with an EBIT margin of 36 percent (previous year: 33 percent). Against the background of consistently positive business growth, the Management Board is expecting to again close the 2024 financial year with record results, exceeding its earnings forecast already lifted after the first half of the year.
ATOSS Software SE can once again look back on gratifying business growth with new highs for revenues and earnings. The company’s dynamic growth was maintained despite the tough economic situation. For example, Group revenues climbed 14 percent in the first three quarters to Overall, demand for new software licenses from new and existing customers in the first three quarters was slightly below the level for the previous year due to the general economic downturn. Notwithstanding this result, the order book for cloud business showed positive growth due to the SaaS business model in conjunction with a low churn rate (customer cancellations). For example, the cloud order backlog which shows the revenues from contractually committed cloud usage fees within the next 12 months, increased in the first three quarters of the year to The return on revenues in relation to operating profit (EBIT) stands at 36 percent (previous year: 33 percent) – principally due to prudent cost management and the temporary postponement of investments in the expansion of sales personnel resources – above the level of at least 33 percent forecasted by the Given this performance, ATOSS continues to guarantee growth and stability and is excellently positioned to achieve further growth in the future as a full range provider across all customer segments in the very attractive growth markets surrounding workforce management and digitization. This performance is underpinned by a clear vision and strategy, groundbreaking technologies and solutions which generate sustainable value added for customers. In addition, the company was informed by Against the background of this business growth over the last nine months, ATOSS is now firmly on course to post its nineteenth set of record results in succession. With total budgeted revenues unchanged at a minimum of CONSOLIDATED OVERVIEW PURSUANT TO IFRS: 9 MONTH COMPARISON IN KEUR
CONSOLIDATED OVERVIEW PURSUANT TO IFRS: QUARTERLY GROWTH IN KEUR
(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 (3) In accordance with ISA 33,64, earnings per share (EPS) were adjusted retrospectively for previous periods as a result of the share split carried out in (4) at the end of the quarter/year
ATOSS
ATOSS Software SE is a provider of technology and consulting solutions for professional workforce management and demand-optimized workforce deployment, Whether time & attendance management, mobile apps, workforce forecasting, sophisticated workforce scheduling or strategic capacity and requirement planning, ATOSS has just the right solution – both in the cloud and on-premises, The modular product families feature the highest level of functionality, technology and platform independence, With around 15,600 customers in 50 countries, ATOSS workforce management solutions make a measurable contribution to increased value creation and competitiveness, At the same time, they ensure greater planning fairness and satisfaction at the workplace, Customers include companies such as
ATOSS Software SE
Rosenheimer Straße 141 h, D-81671 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 SE |
Rosenheimer Str. 141 h | |
81671 München | |
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 |
Indices: | SDAX, TecDAX |
Listed: | Regulated Market in |
EQS News ID: | 2013785 |
End of News |
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2013785 23.10.2024 CET/CEST