27-Jan-2020 / 16:56 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The Management Board of ATOSS Software AG is submitting a proposal to the Supervisory Board suggesting a sustainable increase in the company's dividend rate to 75% of the consolidated earnings per share.
Otherwise, the dividend policy in place since 2006 that has so far provided for a dividend rate of 50% in relation to consolidated earnings per share and that has been topped up by special dividends at regular intervals, will continue to apply.
By adjusting its dividend policy, ATOSS Software AG is thus maintaining the sustainable participation of shareholders in the success of the company. Against the backdrop of the most recent records in terms of sales and earnings in 2019, the high degree of stability of the business model, an extremely sound equity ratio and liquidity at a group level (cash and cash equivalents, other current and non-current financial assets) of over EUR 30 million at the end of 2019, the Management Board has decided to raise the dividend rate to 75%. Earnings per share for fiscal 2019 are likely to lie within a range between EUR 3.30 and 3.40 per share.
Provisional results for the 2019 fiscal year and the fourth quarter of 2019 including precise details of the Management Board's dividend proposal for 2019 will be published on January 31, 2019.
Contact
ATOSS Software AG
Christof Leiber / Member of the Board of Management
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
27-Jan-2020 CET/CEST 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
Atoss Software AG is a Germany-based developer of workforce management software and focuses on time and attendance management, time recording, time management, workforce forecasting, workforce scheduling and business analytics. It also provides sector-specific solutions and serves customers from various industries, such as automotive, aviation, chemical and pharmaceutical, civil service, finance, food, health care, social services, hospitality, information technology (IT) and telecommunications, manufacturing and production, retail, services, transport and logistics and utilities. Its product portfolio comprises ATOSS Staff Efficiency Suite, ATOSS Time Control and Crewmaster. The Company also provides consulting and customer support services.