After strong growth in the first half of the year, the personnel software specialist ATOSS is raising the bar for 2023.
The company, which is listed in the SDAX, surprisingly announced on Monday evening in Munich that sales should now reach at least 142 million euros instead of 135 million. Of this, 30 percent (previously at least 27 percent) should remain as earnings before interest and taxes (EBIT).
In the first half of the year, ATOSS Software reportedly increased sales by 37 percent to EUR 73 million compared to the same period of the previous year. In the software segment, revenue even increased by 42 percent. Of this, 33 percent stayed with the company as an operating profit. For 2025, ATOSS is still aiming for sales of EUR 190 million and an operating margin of over 30 percent. The full quarterly figures are to be published as planned on July 24th.
Meanwhile, the management wants to change the legal form of the company from a stock corporation under German law to a European stock corporation. This was decided by the Management Board with the approval of the Supervisory Board. Shareholders are expected to vote on this at next year’s Annual General Meeting.
In after-hours Tradegate trading, the ATOSS share temporarily rose by 2.5 percent to EUR 212.
/stw/he
MUNICH (dpa-AFX)
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