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PRESS RELEASE: ATOSS Software AG: Financial year -2-
PRESS RELEASE: ATOSS Software AG: Financial year 2013: ATOSS Software AG reports record sales and earnings for the eighth successive year, outlook remains positive
DGAP-News: ATOSS Software AG / Key word(s): Final Results/Dividend ATOSS Software AG: Financial year 2013: ATOSS Software AG reports record sales and earnings for the eighth successive year, outlook remains positive
31.01.2014 / 08:00
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Financial year 2013: ATOSS Software AG reports record sales and earnings for the eighth successive year, outlook remains positive.
Munich, 31.01.2014 - Provisional figures show that ATOSS Software AG increased sales by 8 percent to EUR 35.5 million (previous year: EUR 33.0 million) in financial year 2013. The core software business, also up 8 percent, contributed EUR 21.8 million (previous year: EUR 20.1 million). With double-digit growth in operating profits, EBIT was 11% higher at EUR 8.4 million (previous year: EUR 7.6 million), while the EBIT margin was one percentage point higher than last year at 24 percent. The Munich-based specialist in workforce management recorded growth in all product areas, markets and sectors, continuing its record progress for an eighth consecutive year. The Management Board takes a confident view of the current year 2014 and expects further record figures.
Once again the core software business made a major contribution to the company's consistent positive development in sales, accounting for a proportion of turnover that was one percentage point higher at 62 percent. Sales of software licenses, the driving force behind future sales revenues, were 8 percent higher at EUR 7.5 million (previous year: EUR 7.0 million), while software maintenance revenues climbed 9 percent to EUR 14.3 million (previous year: 13.2 million). In its consulting business, ATOSS saw sales rise by 3 percent to EUR 9.0 million (previous year: EUR 8.7 million), while hardware contributed EUR 3.4 million (previous year: EUR 2.7 million), representing 9 percent of overall revenues.
Very strong fourth quarter with sales of EUR 9.0 million The fourth quarter of 2013 was particularly successful, yielding the highest quarterly sales in the company's history at EUR 9.0 million (previous year: EUR 8.5 million). The order situation also remains positive. Orders received for software licenses at EUR 2.1 million were somewhat below the previous year's record of EUR 2.7 million, but still came in at a very high level. The same applies to orders on hand which stood at EUR 3.5 million as of December 31, 2013 (previous year: EUR 3.8 million).
2013 brings double-digit growth in operating profits, 24 percent margin underscores profitability In the past financial year, ATOSS once again demonstrated its considerable profitability. Spending on research & development as well as sales and marketing was further increased as planned. Nevertheless the operating profit (EBIT) in the reporting period rose by 11 percent to EUR 8.4 million (previous year: EUR 7.6 million). Meanwhile, the EBIT margin reached 24 percent, higher even than the excellent level of the previous year. On the other hand, due to one-off effects resulting from the movement in the gold price, a negative development in financial earnings ensued. As a result, net income came in at EUR 3.0 million (previous year: EUR 5.8 million), with earnings per share of EUR 0.76 (previous year: EUR 1.45).
The Management Board intends to propose that in drafting its resolution on the appropriation of net income, the Supervisory Board recommends a dividend of EUR 0.72 per share. This represents a continuation of the distribution policy adopted by ATOSS more than a decade ago. At the end of April 2013, ATOSS paid a dividend of EUR 0.72 along with a special distribution of EUR 2.90 per share. The recommenda-tions for the appropriation of net income put forward by the Management and Supervisory Boards will be resolved upon at the annual general meeting on April 30, 2014.
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PRESS RELEASE: ATOSS Software AG: Financial year -2-
PRESS RELEASE: Nordex SE: Market share in Germany doubled
DGAP-News: Nordex SE / Key word(s): Market Report Nordex SE: Market share in Germany doubled
31.01.2014 / 11:04
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New installations up sharply to some 251 MW
Hamburg, 31 January 2014. 'We were fully satisfied with our business in Germany last year,' said Nordex CEO Jrgen Zeschky, presenting the company's figures for new wind turbine installations in Germany. In 2013, Nordex achieved a roughly 165 percent increase in new installations here. With a full-year output of 251 megawatts (MW), the Northern Germany-based company was able to double its market share in this country to 8.4 percent against the backdrop of an expanding market in which industry-wide onshore installations rose by a double-digit rate to almost 3,000 MW.
This success was underpinned by the performance of the light-wind turbine N117/2400, which generated 75 percent of installation volume. Explains Jrgen Zeschky: 'The N117/2400 is generating good sales figures, which are continuing to climb. With is high efficiency, we are able to render numerous light-wind locations economically viable and thus satisfy the German federal government's new requirements. What is more, we are registering interest in wind turbines of this type in more and more markets beyond Germany.' Thus, the Group's global installation volume surged by over 36 per cent last year, with the N117/2400 accounting for a good one out of five turbines installed.
Nordex expects to record growing installation numbers in its domestic market in 2014. 'We have been anticipating this trend for quite some time now as uncertainty surrounding future tariff structures in Germany is triggering pull-forward effects,' says Zeschky. With its large proportion of export business and strong position in numerous international growth markets, the group sees itself well positioned to weather short-term fluctuation in 2015 in Germany. Looking further into the future, the German federal government is planning a stable course for growth in inexpensive electricity from onshore wind turbines, with new capacity of a good 2,500 MW to be installed each year.
About Nordex As one of the technological leaders in multi-megawatt wind power systems, Nordex is benefiting from the trend in favour of large-scale turbines. The Generation Gamma range comprises the N90/2500, N100/2500 and the N117/2400, which is one of the most efficient series turbines for light-wind regions. To date, over 2,600 of these turbines have been produced. With Generation Delta, Nordex is now offering the fourth generation of its proven multi-megawatt platform (N100/3300, N117/3000, N131/3000). Nordex has installed a total of over 5,600 turbines with an aggregate capacity of around 9,400 MW all around the world. With exports accounting for more than 85 percent of its business, Nordex SE plays a key role in international high-growth regions. The Company has offices and subsidiaries in 22 countries around the world with a total global headcount of over 2,500 employees.
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PRESS RELEASE: Nordex SE: Market share in Germany doubled
PRESS RELEASE: Tipp24 SE: transfer of registered office to London expected to be completed on 7 February 2014
PRESS RELEASE: Tipp24 SE: transfer of registered office to London expected to be completed on 7 February 2014
DGAP-News: Tipp24 SE / Key word(s): Strategic Company Decision Tipp24 SE: transfer of registered office to London expected to be completed on 7 February 2014
31.01.2014 / 08:57
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Press release
Tipp24 SE: Transfer of registered office to London expected to be completed on 7 February 2014
(Hamburg, 31 January 2014) Tipp24 SE expects registration of the transfer of its registered office to London with the UK's Companies House on 7 February 2014. The transfer had been resolved by the company's Annual General Meeting of 28 June 2013 with a large majority. It will become effective as of the registration.
Dr. Hans Cornehl, CEO of Tipp24 SE, states: 'Having accomplished all necessary preparations for the move of Tipp24 SE, we are now on the verge of completing the transfer of our registered office. London provides excellent conditions for the further strategic development and internationalisation of our company. We aim to fully utilise the opportunities which the UK offers.'
According to the Frankfurt Stock Exchange, trading of the company's shares (WKN TPP024 / ISIN DE0007847147) will continue as normal during the relocation. No suspension is planned.
As of the registration of the transfer, the shares in Tipp24 SE will convert into registered shares under UK law. In order to enable the registered shares to continue trading on the Frankfurt Stock Exchange, they will be traded in the form of so called Clearstream Interests (CI) under WKN TPP024 / ISIN GB00BHD66J44. The respective adjustment in the shareholders' depository accounts will be effected automatically upon the registration of the transfer. Each Clearstream Interest (CI) represents a registered share in Tipp24 SE. Shareholders of Tipp24 SE do not need to take any action.
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PRESS RELEASE: Tipp24 SE: transfer of registered office to London expected to be completed on 7 February 2014