Brief: Atoss Software 9-Month Total Sales Up At EUR 61.1 Mln

ATOSS Software SE

20/10/2020 15:12

Oct 20 (Reuters) - ATOSS SOFTWARE AG  AOFG.DE :
    * CONSISTENTLY HIGH GROWTH DYNAMICS IN NINE-MONTH PERIOD TO
09/30/2020 - FORECAST RAISED
    * 9-MONTH SALES GROWTH WAS 18 PERCENT
    * 9-MONTH EBIT MARGIN AT 28 PERCENT
    * OUTLOOK FOR 2020 RAISED IN VIEW OF HIGH PACE OF SUSTAINED
GROWTH
    * 9-MONTH TOTAL SALES CONSEQUENTLY JUMPED 18 PERCENT TO EUR
61.1
MILLION (PRIOR YEAR: EUR 51.7 MILLION)
    * 9-MONTH MILLION (PRIOR YEAR: EUR 51.7 MILLION). SOFTWARE
REVENUES ROSE YEAR-ON-YEAR BY 18 PERCENT TO EUR 39.3 MILLION
(PRIOR YEAR: EUR 33.4 MILLION)
    * 9-MONTH OPERATING PROFIT MARGIN (EBIT MARGIN) IMPROVED TO
28
PERCENT (PRIOR YEAR: 26 PERCENT)
    * COMPANY IS RAISING ITS PREVIOUS FORECAST ON BASIS OF
SUCCESSFUL
GROWTH OF BUSINESS TO 09/30/2020, A VERY PLEASING ORDER BOOK AND
PROSPECTS FOR FURTHER GROWTH THAT CONTINUE TO BE EXCELLENT
    * OUTLOOK 2020: NOW EXPECTING TOTAL SALES OF AROUND EUR 82
MILLION
(PRIOR YEAR: EUR 71.4 MILLION) FOR 2020 WITH AN EBIT MARGIN OF
OVER 27 PERCENT

Source text for Eikon:  ID:nEQ6WG93Na 
Further company coverage:  AOFG.DE 

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