Brief: Atoss Software AG Forecast Upped For 2021

ATOSS Software SE

20/01/2021 06:15

Jan 20 (Reuters) - ATOSS SOFTWARE AG  AOFG.DE :
    * SAID ON TUESDAY, SUSTAINED VIGOROUS GROWTH DYNAMICS IN
FOURTH
QUARTER 2020 AND FULL YEAR 2020 - FORECAST UPPED FOR 2021
    * ‍FY TOTAL REVENUE UP BY 21% TO EUR 86 MLN (PRIOR YEAR: EUR
71.4
MLN)
    * FY ‍OPERATING PROFIT MARGIN (EBIT MARGIN) IMPROVED
YEAR-ON-YEAR
TO 30 PERCENT (PRIOR YEAR: 27 PERCENT)
    * COMPANY IS RAISING ITS PREVIOUS FORECAST FOR YEAR 2021
    * OUTLOOK 2021: TOTAL SALES OF OVER EUR 95 MLN (PREVIOUSLY:
EUR 93
MLN) AND AN EBIT-MARGIN OF AT LEAST 27 PERCENT (PREVIOUSLY: 25
PERCENT) 
    * MEDIUM-TERM OUTLOOK FOR YEARS UP TO 2025 WITH TOTAL SALES
GROWTH
OF BETWEEN 12 AND 16 PERCENT REMAINS UNCHANGED

Source text for Eikon:  ID:nEQ4dDwrga 
Further company coverage:  AOFG.DE 

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