13.03.2018
Amadeus FiRe AG DE0005093108
Amadeus FiRe AG: Final figures for fiscal year 2017
DGAP-Media / 13.03.2018 / 08:00
Press Release
Frankfurt/Main, 13 March 2018. Amadeus FiRe confirms the preliminary results
for fiscal year 2017.
In fiscal year 2017 the Amadeus FiRe group achieved consolidated sales of
EUR 184.5m (prior year EUR 173.3m), an increase of 6.5% year-on-year. Sales
improved in temporary staffing, permanent placement and training. Interim
and project management saw a slight decrease. The 2017 financial year
contained three fewer billable days than the previous year. This had a
negative effect on full-year sales, gross profit and earnings of around EUR
-1.5 million.
Gross profit grew by 6.7% to EUR 82.5m (prior year EUR 75.8m). The gross
profit margin rose from 43.8% to 44.7% due to an increasing share in sales
of the high-margin services permanent placement and training.
The selling and administrative expenses accumulated EUR 50.4m after EUR
46.0m in prior year. Mainly the increase of EUR4.4m derived from personnel
expenditures in operations and coherent staff-related expenses.
Amadeus FiRe group's earnings before interest, tax and goodwill amortisation
(EBITA) amounted to EUR 32.3m (prior year EUR 30.0m), an increase of 7.6%.
EBITA margin improved to 17.5% (prior year 17.3%). Despite the profit impact
following less billable days, 2017 was the most successful year in the
history of the Amadeus FiRe group.
The Amadeus FiRe group generated a consolidated profit after minority
interests of EUR 20.6m. Previous year's level of 19.0m hence was exceeded by
8.3%.
Earnings per share were EUR 3.96 for fiscal year 2017 (prior year EUR 3.66)
in relation to the profit for the period attributable to ordinary
shareholders.
As in previous years management board and supervisory board will propose
this year to the AGM on 24 May 2017 to distribute the group's total amount
of net earnings after minorities for 2017. The corresponding dividend
proposal will be EUR 3.96 per share (prior year's dividend: EUR 3.66).
The annual report 2017 will be published on 28 March 2017 on the Amadeus
FiRe website (www.amadeus-fire.de).
Amadeus FiRe AG
Jan H. Wessling
Investor Relations
Tel: +49 (69) 96 876-186
[email protected]
End of Media Release
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Issuer: Amadeus FiRe AG
Key word(s): Services
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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, Tradegate Exchange
End of News DGAP Media
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