ATOSS Software Ag Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2016; Provides Earnings Guidance for the Year 2016
For the quarter, the company total sales were EUR 12,233,000 against EUR 10,956,000 a year ago. EBITDA was EUR 3,225,000 against EUR 2,952,000 a year ago. EBIT was EUR 3,050,000 against EUR 2,809,000 a year ago. EBT was EUR 3,149,000 against EUR 2,545,000 a year ago. Net profit was EUR 2,170,000 or EUR 0.55 per share against EUR 1,717,000 or EUR 0.43 per share a year ago. Cash flow was EUR 608,000 against cash out flow of EUR 550,000 a year ago.
For the year 2016, the company expects increase in sales and earnings on a par with the rate seen in 2015, within a corridor of +/- 3%.