AGM approves dividend of 0.71 euro (previous year 0.60 euro)
In financial year 2011 ATOSS Software AG generated earnings per share of EUR 1.43 (previous year EUR 1.21). In line with the dividend policy laid down in 2003, shareholders will receive 50 percent of the company’s earnings. With regard to the year 2011 this means an increase of 18 percent, bringing the dividend to EUR 0.71 (last year EUR 0.60). Based on the closing price of ATOSS stock at the end of 2011, this represents a dividend yield of 4.3 percent (last year: 3.5 percent). Since ATOSS first introduced its dividend policy, including some special distributions, a total of EUR 11.41 per share has been paid out to shareholders. These distributions - coupled with the strong development in the share price over the past six years - represent a sustained increase in shareholder value.
In addition to the appropriation of profits, in considering the other items on the agenda including the formal discharge of the Management and Supervisory Boards, election of auditors, acquisition and use of treasury stock and the cancellation of existing contingent capital and amendments to the articles of association, the AGM by a clear majority endorsed the management’s proposals.
Outlook for financial year 2012
With an economically challenging year ahead in 2012, the order situation in the past financial year and particularly in the fourth quarter of 2011 holds the promise of stability. Reinforced by trends such as demographic developments, the shortage of skilled workers in the industrialized countries and an increasingly flexible labor market, interest in workforce management topics continues to grow.
In comparison with a very strong first quarter last year, the order situation in Q1 2012 was slightly subdued. However, in consideration of the robust order book at the end of the quarter and in the expectation of a revival in corporate investment activities, the Management Board continues to look forward to a moderate increase in sales in 2012 with an EBIT margin still in excess of 20 percent despite scheduled investments, particularly in the development of sales and marketing.
- 23.04.2012 Dividend distribution (EUR 0,71)
- 16.05.2012 Publication of the report for Q1 2012
- 23.07.2012 Press release – statements for H1 2012
- 13.08.2012 Publication of the report for H1 2012
- 22.10.2012 Press release – statements for Q3 2012
- 15.11.2012 Publication of the report for Q3 2012