MUNICH (dpa-AFX) - Software specialist Atoss has done better business than expected in the first quarter. In the first quarter, sales climbed by 16 percent to 41.8 million euros, as the SDax company announced in Munich on Thursday. Of this, 14 million euros remained as earnings before interest and taxes, an increase of 21 percent. The corresponding profit margin was 34 percent, two percentage points higher than a year earlier. Turnover and earnings were better than experts had expected.

For the current year, Atoss is still targeting sales of 170 million euros with an operating margin (EBIT) of 30 percent, as expected by experts./mne/stk