ATOSS once again proposes an increased dividend

Munich, February 23, 2010 – At today’s meeting to adopt the annual accounts, the Supervisory Board and Management Board of ATOSS Software AG agreed to invite the AGM on April 30 to approve a further 14% increase, raising the dividend from EUR 0.44 to EUR 0.50. At a dividend rate of 50% of the earnings per share, shareholders will once again benefit from a substantial stake in the company’s success.
 
ATOSS, the Munich-based specialist in workforce management, once again achieved a record performance in 2009 despite the recession and set new records for the fourth year in succession. The company posted an operating profit (EBIT) of EUR 5.5 million (previous year: EUR 5.0 million) on sales of EUR 29.1 million (previous year: EUR 26.9 million). The AGM will now be invited to approve a 14% increase in the dividend, lifting the pay-out from EUR 0.44 to EUR 0.50 per share, equivalent to a dividend yield of approximately 4%.
Including the proposed dividend for 2009, ATOSS will have distributed a total of EUR 10.10 per share to its shareholders since 2003. At the current dividend rate of 50%, the Munich-based software company already offers shareholders an above-average stake in its success. The Board of Management would like this increased rate to also be interpreted as a clear signal to shareholders that they can look forward to consistently high dividends.

Upcoming dates:

12.03.2010  Publication of the consolidated annual financial
                    statements for 2009
26.04.2010  Press release announcing the 3-monthly statements
30.04.2010  Annual general meeting in Munich

Contact:

ATOSS Software AG
Christof Leiber / Member of the Management Board
Am Moosfeld 3, D-81829 Munich
Tel.: +49 (0) 89 4 27 71 – 265
Fax: +49 (0) 89 4 27 71 – 100 
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