BRIEF

on ATOSS Software AG (isin : DE0005104400)

ATOSS Software AG Announces Dividend and Corporate Transformation

Stock price chart of ATOSS Software AG (EBR:AOF) showing fluctuations.

ATOSS Software AG declared a per-share dividend of EUR 3.37 during its recent AGM, reflecting an increase from last year's EUR 1.83. The Munich-based firm also received shareholder approval for its transformation into a European Company (SE) and for a stock split. These changes align with its sustained growth and solid performance in revenue and earnings, marking the 18th consecutive year of financial growth.

The transformation includes a capital increase funded by company resources and issuing new shares in a 1:1 ratio. This move will take effect once amendments to the articles of association are registered. ATOSS also maintains a robust dividend policy, which has seen a cumulative EUR 23.85 per share return to shareholders since its IPO, including special dividends.

Looking forward, ATOSS remains optimistic about the upcoming financial year, predicting total sales revenue of EUR 170 million and a targeted EBIT margin of around 30 percent. The company cites continued market opportunities in workforce management and successful early-year performance as key drivers for these projections.

R. H.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved. Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all ATOSS Software AG news