MUNICH (dpa-AFX) - Software specialist Atoss continued to grow in the third quarter. Sales and profits increased compared to the previous year, the company announced in Munich on Monday. For this reason, the group specializing in work software was confident of slightly exceeding its annual forecast, which was only raised in July. Thus the conversion is to reach now 145 million euro, after before at least 142 million in prospect. The margin before interest and taxes is also expected to be better than the forecast of around 30 percent.

In the third quarter, sales rose from 28.3 million a year earlier to a good 37 million euros. Among other things, the company benefited from increased revenue in the cloud business. Earnings before interest and taxes increased from just under 7.8 million to 12.5 million euros. Atoss earned just under 8.6 million euros net. A year earlier, the figure was just under 5.5 million euros./nas/jha/