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ATOSS Software AG: AGM agrees dividend payment of EUR 1.67 per share; growth set to continue in 2021

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DGAP-News: ATOSS Software AG / Key word(s): AGM/EGM/Dividend
30.04.2021 / 15:16
The issuer is solely responsible for the content of this announcement.

Munich, April 30, 2021

At today's AGM of ATOSS Software AG, which once again this year was held as a virtual meeting with no shareholders or authorized representatives physically present for safety reasons due to the COVID-19 pandemic, the Management Board reported on the company's uninterrupted positive business developments. In the financial year 2020, for the 15th time in succession and despite the challenges resulting from the coronavirus crisis, the Munich-based specialist in workforce management succeeded in setting new records for sales and earnings. This performance once again demonstrates the high degree of stability and the success of the company's business model.

At the AGM, shareholders endorsed the management's proposals, with all resolutions adopted by a large majority. The members of the Supervisory Board were confirmed in office, and the proposed dividend of EUR 1.67 per share (previous year: EUR 1.28*) was 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 since the company was floated on the stock market - including some special distributions - adds up to EUR 15.83 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 attraction of a long-term investment in ATOSS Software AG. Based on the closing price of ATOSS stock on December 30, 2020, this represents a dividend yield of 1.1 percent (previous year: 1.8 percent).

Also after the dividend is paid on May 5, 2021, ATOSS will continue to have substantial liquidity well in excess of EUR 25 million at its disposal, as well as a strong equity base.

In view of the excellent business situation and long-term growth trends in all of the company's markets, the Management Board reconfirms its full-year forecast for 2021 which was previously raised at the start of the year. The Board continues to expect total sales in excess of EUR 95 million in connection with an EBIT margin of at least 27 percent.

* In the interest of comparability, the previous year's figure is shown after the share split.



Upcoming dates:
July 26, 2021 Press release announcing the 6-monthly financial statements
August 13, 2021 Publication of the 6-monthly financial statements
October 25, 2021 Publication of the 9-monthly financial statements
November 22 -24, 2021 ATOSS at the German Equity Forum

ATOSS
ATOSS Software AG is a provider of technology and consulting solutions for professional workforce management and demand-optimized workforce deployment. Whether conventional time management, mobile apps, detailed 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 very highest level of functionality, browser-based high-end technology and platform independence. With around 10,000 customers in 46 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 ALDI SÜD, Coca-Cola, Deutsche Bahn, Douglas, Edeka, HUK-COBURG, Klinikum Leverkusen, Lufthansa, MEYER WERFT, Schmitz Cargobull, Sixt, Stadt Regensburg, thyssenkrupp Packaging Steel and W.L. Gore & Associates. Further information: www.atoss.com

ATOSS Software AG
Christof Leiber / Member of the Management Board
Rosenheimer Straße 141 h,
D-81671 Munich
Tel.: +49 (0) 89 4 27 71 - 0
Fax: +49 (0) 89 4 27 71 - 100
investor.relations@atoss.com


30.04.2021 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.
Archive at www.dgap.de

Language:

English

Company:

ATOSS Software AG

Rosenheimer Str. 141 h

81671 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, Tradegate Exchange

EQS News ID:

1191330


 

End of News

DGAP News Service

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