AMADEUS FIRE AG
Amadeus FiRe AG: Half year results of fiscal year 2015
Amadeus FiRe AG / Key word(s): Half Year Results Press release Amadeus FiRe AG: Half year results of fiscal year 2015 Frankfurt/Main, 23 July 2015. In the first six months of the 2015 financial year, the Amadeus FiRe Group generated consolidated sales of EUR 82,254k (prior year: EUR 75,512k), an increase of 8.9%. Sales improved in all services. The reporting period had the same number of billable days as the respective prior year’s period. Sales of individual services developed as follows:
After the first half year, gross profit of the Group amounted to EUR 33,505k, an increase of 9.5% compared to prior year. The gross profit margin increased slightly by 0.2 percentage points, from 40.5% to 40.7%. Positive margin effects from permanent placement and the training segment were weakened by a slight decrease in margin of the personnel service temporary staffing. In the reporting period, selling and administrative expenses came to EUR 22,114k after EUR 20,271k recorded last year. The increase of 9.1% was primarily attributable to staff costs. This was due to regular wage adjustments, expenses for severance pay and the increased number of employees in the sales and marketing organisation as a whole. Variable wage components also increased on the back of the positive business development. The growth in the number of sales employees in direct customer contact in the first half of the year was significantly lower than planned, but the expansion of business operations will continue. The operating profit (EBITA) amounted to EUR 11,472k and hence exceeded the prior year’s result of EUR 10,331k by 11.1%. The EBITA margin rose by 0.2 percentage points to 13.9% (prior year: 13.7%). Based on the macroeconomic outlook, stable legal and regulatory conditions and assuming no deterioration in the demand situation, especially in permanent placement, the Management Board expects moderate revenue growth and the operating result (EBITA) for fiscal year 2015 to remain on the same level as the previous year. The complete report is available at www.amadeus-fire.de. Amadeus FiRe AG 2015-07-23 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. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and 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 | |
End of News | DGAP News-Service |
380215 2015-07-23 |