Brief: Atoss Software Lifts Revenue Forecast For 2023-2025

ATOSS Software SE

16/01/2023 10:28

Jan 16 (Reuters) - ATOSS SOFTWARE AG  AOFG.DE :
    * GUIDANCE FOR 2022 OUTPERFORMED – REVENUE FORECAST LIFTED
FOR
2023 - 2025
    * SEES FOR 2024, REVENUES OF EUR 160 MILLION (PREVIOUSLY:
EUR 145
MILLION)
    * FOR 2025 REVENUES OF EUR 190 MILLION (INSTEAD OF PREVIOUS
FORECAST OF EUR 170 MILLION) ARE EXPECTED
    * BY 2025, MARGIN IS SET TO RISE TO AT LEAST 30 PERCENT
    * GROUP REVENUES IN FISCAL 2022 STANDS AT EUR 113 TO 114
MILLION
(PREVIOUS YEAR: EUR 97.1 MILLION), EXCEEDING PREVIOUS REVENUE
EXPECTATION OF EUR 110 MILLION
    * FY REVENUE FOR CLOUD SOLUTIONS UNIT AT 34.0 MILLION EUR
VERSUS
19.9 MILLION EUR YEAR AGO
    * IS NOW EXPECTING TOTAL REVENUE OF EUR 135 MILLION
(PREVIOUSLY:
EUR 125 MILLION) AND AN EBIT MARGIN OF AT LEAST 27 PERCENT IN
2023

Further company coverage:  AOFG.DE 
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