21.07.2016
Amadeus FiRe AG DE0005093108
Amadeus FiRe AG: Half year results of fiscal year 2016
DGAP-Media / 21.07.2016 / 07:45
Press release
Amadeus FiRe AG: Half year results of fiscal year 2016
Frankfurt/Main, 21 July 2016. In the first six months of the 2016 financial
year, the Amadeus FiRe Group generated consolidated sales of EUR 83,533k
(prior year: EUR 82,254k), an increase of 1.6%. The reporting period had
two billable days more than the respective prior year's period. Except for
the temporary staffing service, which was 1.6% below the previous year, all
other services contributed to the sales improvement.
Sales of individual services developed as follows:
- Temporary staffing - 1,6%
- Permanent Placement + 11,9%
- Interim and project management + 3,7%
- Training + 12,0%
The gross profit of the Amadeus FiRe Group improved by 5.2% to EUR 35,240k
(previous year: EUR 33,505k). The gross profit margin increased by 1.5
percentage points, from 40.7% to 42.2%. Besides the positive impact of the
higher number of billable days, the steady growth in the share of total
revenue of the permanent placement service had a positive effect.
Selling and administrative expenses amounted to EUR 22,619k in the period
under review after EUR 22,114k in the previous year. The increase of 2.3%
was primarily attributable to staff costs. The increase of the salary
ranges for the sales staff, recruiting of new sales staff in the branch
offices and the filling of new overhead positions were responsible for
this. Other cost drivers were increased marketing costs for online
recruitment and customer events, along with higher rental costs. The number
of sales staff has increased year-on-year, but the planned number has still
not been achieved in total.
EBITA amounted to EUR 12,712k, an increase of 10.8% on the figure of EUR
11,472k recorded in the same period of the previous year. The earnings
effect from the two additional billable days was around EUR 1.0m. The EBITA
margin rose by 1.3 percentage points to 15.2% (previous year: 13.9%).
A moderate revenue growth still is the objective for both the personnel
services segment and the training segment. Owing to the planned cost
increases arising from strengthening the sales organization, the
enhancement of competitiveness and from the implementation of the new
frontend software, EBITA for 2016 is still expected to be between five and
ten percent below the 2015 result.
The complete report is available at www.amadeus-fire.de.
Amadeus FiRe AG
Thomas Weider
Investor Relations
Tel: +49 (69) 96 876-180
[email protected]
End of Media Release
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Issuer: Amadeus FiRe AG
Key word(s): Services
21.07.2016 Dissemination of a Press Release, transmitted by DGAP - a service
of EQS Group AG.
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Language: English
Company: Amadeus FiRe AG
Darmstädter Landstr. 116
60598 Frankfurt
Germany
Phone: +49 (0)69 96876 - 180
Fax: +49 (0)69 96876 - 182
E-mail: [email protected]
Internet: www.amadeus-fire.de
ISIN: DE0005093108
WKN: 509310
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart; Terminbörse EUREX
End of News DGAP Media
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