24.07.2019 Amadeus FiRe AG  DE0005093108

DGAP-Adhoc: Amadeus FiRe AG: Raising the earnings forecast for 2019 and outlook to the Half-Year Financial Report


 

DGAP-Ad-hoc: Amadeus FiRe AG / Key word(s): Change in Forecast/Half Year Results
Amadeus FiRe AG: Raising the earnings forecast for 2019 and outlook to the Half-Year Financial Report

24-Jul-2019 / 16:29 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Ad-Hoc Announcement


Amadeus FiRe AG:
Raising the earnings forecast for 2019 and outlook to the Half-Year Financial Report

Frankfurt/Main 24 July 2019. In the first six months of fiscal year 2019 the Amadeus FiRe Group achieved consolidated revenue of EUR 110.9 million; an increase of 13.4 percent. All individual services contributed to the revenue growth:

Temporary staffing + 13.6%
Permanent placement + 12.8%
Interim/project management + 28.8%
Training & education + 6.4%
 

The number of billable days in the reporting period was one day less than in the prior-year period. This had a negative impact of EUR 0.6 million on revenue, gross profit and pre tax earnings. This effect will be countered and ultimately neutralised by an extra billable day in the third quarter.

In the first half year 2019 the gross profit of the Amadeus FiRe Group climbed by 13.6 percent to EUR 51.7 million. The gross profit margin improved by 0.1 percentage points to 46.6 percent. Given the lack of one working day and the strong growth seen by the temporary staffing service, which has comparatively lower margins, this is a good improvement.

Selling and administrative expenses increased by 12.6 percent to EUR 34.3 million. This development is largely due to higher personnel expenses. The ongoing expansion of the sales organisation continued successfully. The expansion concerns both existing locations of the Amadeus FiRe Group and a new opening of a branch in Nuremberg.

EBITA climbed by 15.7 percent to EUR 17.6 million. The EBITA margin improved by 0.4 percentage points to 15.9 percent.

Net income for the first half of 2019 amounted to EUR 12.1 million, bettering the figure for the previous year by 15.4 percent. Earnings per share, based on the net profit for the period attributable to the ordinary shareholders of the parent company, rose by 30 cents to EUR 2.23.

Amadeus FiRe AG's Management Board raises its earnings forecast for the 2019 financial year. Earnings generated in the first half of the year so far have exceeded original expectations. All personnel services have made a contribution to increasing gross profit more clearly than planned. In contrast, selling and administrative expenses rose in line with expectations. Thus, the personnel requirements have been created to be able to continue to develop the services of the Amadeus FiRe Group in a positive way.

So far, EBITA growth of around 5% was forecasted for the 2019 financial year. At EUR 17.6 million, the EBITA of the Amadeus FiRe Group for the first half of the year was 15.7 percent above the prior-year figure. For the second half of the year, the Management Board expects a fundamentally unchanged supply and demand market situation.

On this basis, the Management Board now expects to be able to expand the previous year's EBITA by more than 10 percent for the fiscal year 2019.

The complete Half-Year Financial Report 2019 will be available on the homepage of the Amadeus FiRe AG as of tomorrow (25 July 2019).

Amadeus FiRe AG
Jan H. Wessling
Investor Relations
Tel: +49 (69) 96 876-180
Investor-Relations@Amadeus-FiRe.de


24-Jul-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Amadeus FiRe AG
Hanauer Landstraße 160
60314 Frankfurt
Germany
Phone: +49 (0)69 96876 - 180
Fax: +49 (0)69 96876 - 182
E-mail: investor-relations@amadeus-fire.de
Internet: www.amadeus-fire.de
ISIN: DE0005093108
WKN: 509310
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 846267

 
End of Announcement DGAP News Service

846267  24-Jul-2019 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=846267&application_name=news&site_id=boersengefluester_html


Die wichtigsten Finanzdaten auf einen Blick
  2013 2014 2015 2016 2017 2018 2019e 2020e
Umsatzerlöse1 142,06 161,06 169,73 173,30 184,53 205,84 233,12 0,00
EBITDA1,2 24,11 27,60 29,47 30,89 32,32 38,92 45,81 0,00
EBITDA-Marge3 16,97 17,14 17,36 17,82 17,51 18,23 16,60 0,00
EBIT1,4 23,27 26,79 28,68 30,04 32,32 37,52 38,72 0,00
EBIT-Marge5 16,38 16,63 16,90 17,33 17,51 18,23 0,00 0,00
Jahresüberschuss1 15,73 18,53 19,56 20,46 22,07 25,84 25,75 0,00
Netto-Marge6 11,07 11,51 11,52 11,81 11,96 12,55 0,00 0,00
Cashflow1,7 18,19 20,92 21,14 19,50 25,49 26,35 36,69 0,00
Ergebnis je Aktie8 2,83 3,37 3.53 3,66 3,96 4,66 4,62 3,70
Dividende8 2,83 3,37 3,53 3,66 3,96 4,66 0,00 3,50
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2019 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Ernst & Young

INVESTOR-INFORMATIONEN
©boersengefluester.de
Amadeus Fire
WKN Kurs in € Einschätzung Börsenwert in Mio. €
509310 76,900 Halten 399,74
KGV 2021e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
19,72 18,63 0,901 25,74
KBV KCV KUV EV/EBITDA
8,00 10,89 1,71 12,125
Dividende '19 in € Dividende '20e in € Div.-Rendite '19e
in %
Hauptversammlung
0,00 3,50 0,00 20.05.2020
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
27.04.2020 23.07.2020 22.10.2020 25.03.2020
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-42,55% -35,86% -47,97% -25,19%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu Amadeus FiRe AG  ISIN: DE0005093108 können Sie bei DGAP abrufen

Konsumgüter , 509310 , AAD , XETR:AAD