AMADEUS FIRE AG
Amadeus FiRe AG: Increase of operating result forecast for fiscal year 2016
Amadeus FiRe AG / Key word(s): Change in Forecast 11.10.2016 18:38 Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Frankfurt/Main 11 October 2016. The development of revenues in the Permanent Placement service especially in the third quarter was very positive as well as a stabilized order situation in temporary staffing. Therefore the Management Board adjusts its forecast regarding operating result for fiscal year 2016. So far an operating result (EBITA) between 5% and 10% below the 2015 result was expected. Now the operating result is assumed to be at the prior-year level. Beside the explained development of revenues the 2016 result will be positively impacted by the postponement of IT costs for a new frontend software program. The implementation will take place during the first months of 2017. The strengthening of the sales organization and the related personal investments proceeds slightly behind the planned schedule. The detailed figures for the first nine months 2016 will be published, as announced, on 20 October 2016 within the context of the quarterly statement. Amadeus FiRe AG Thomas Weider Investor Relations Tel: +49 (69) 96 876-180 Investor-Relations@Amadeus-FiRe.de 11.10.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- 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: investor-relations@amadeus-fire.de 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 Announcement DGAP News-Service ---------------------------------------------------------------------------
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