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ATOSS Software AG H1 Net Profit Rises; Sales Up 20% - Quick Facts

ATOSS Software AG reported that its first half net profit increased to 8.25 million euros from 5.90 million euros, previous year. Earnings per share was 1.04 euros compared to 0.74 euros. Operating earnings (EBIT) rose 33 percent to 11.5 million euros. EBIT margin was 28 percent compared to 26 percent.

First half sales increased by 20 percent to 40.6 million euros. Software sales were up 19 percent to 26.2 million euros.

The Management Board of ATOSS Software AG reaffirmed the company's financial targets for 2020. The company assumes total sales of 80 million euros with an EBIT margin in excess of 25 percent.

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