20.10.2016
Amadeus FiRe AG DE0005093108
DGAP-News: Amadeus FiRe AG: 9-months results of fiscal year 2016
DGAP-News: Amadeus FiRe AG / Key word(s): Quarterly / Interim Statement
Amadeus FiRe AG: 9-months results of fiscal year 2016
20.10.2016 / 07:45
The issuer is solely responsible for the content of this announcement.
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Press release
Amadeus FiRe AG: 9-months results of fiscal year 2016
Frankfurt/Main, 20 October 2016. After nine months of the 2016 financial
year, the Amadeus FiRe Group generated consolidated revenues of EUR
128,947k (prior year: EUR 126,891k), 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 1.5% below the
previous year, all other services contributed to the sales improvement.
Sales of individual services developed as follows:
Temporary staffing - 1,5%
Permanent placement + 16,7%
Interim and project management + 0,8%
Training + 7,9%
The gross profit of the Amadeus FiRe Group improved by 4.6% to EUR 56,389k
(previous year: TEUR 53,927). The gross profit margin increased by 1.2
percentage points, from 42.5% to 43.7%. Besides the two additional days,
the steady growth of high-margin permanent placement revenues had a
positive effect on the margin.
Selling and administrative Expenses amounted to EUR 34,031k in the period
under review after EUR 32,822k in the previous year. The increase of 3.7%
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. In addition, increased marketing costs for online recruitment and
customer events along with higher rental costs contributed to this.
EBITA for the first nine months amounted to EUR 22,510k, an increase of
6.1% (previous year: EUR 21,213k). EBITA margin rose by 0.8 percentage
points to 17.5% (previous year: 16.7%).
The development of permanent placement revenues was very positive. The
order situation in temporary staffing stabilized. Furthermore, planned IT
expenses for the new frontend software will not incur in 2016. The
implementation will take place during the first months of 2017. Therefore
the Management Board expects an operating result on prior-year level.
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]
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20.10.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Archive at www.dgap.de
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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, Tradegate Exchange
End of News DGAP News Service
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