AMADEUS FIRE AG
Amadeus FiRe AG: 9-months results of fiscal year 2015
Press release Frankfurt/Main, 22 October 2015. In the first nine months of the 2015 fiscal year, the Amadeus FiRe Group generated consolidated sales of EUR 126,891k (prior year: EUR 119,302k), an increase of 6.4%. 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:
Gross profit of the Group amounted to EUR 53,927k, an increase of 6.9% compared to prior year. The gross profit margin increased slightly by 0.2 percentage points, from 42.3% to 42.5%. The rise in the share of sales of high-margin permanent placement and an improved margin in the training segment had a positive effect on the Group’s gross profit margin. This offset a slight decline in the gross profit margin in temporary staffing. In the reporting period, selling and administrative expenses came to EUR 32,821k after EUR 30,788k recorded last year. The increase of 6.6% was primarily attributable to staff costs. This was due to regular wage adjustments, expenses for severance pay and a rise in variable wage components due to the positive business performance. Nevertheless, the growth in the number of sales employees in direct customer contact in the first nine months of the year was significantly lower than planned. This is due to the competitive situation on the labour market. However, the company is still planning to expand its operations. The operating profit (EBITA) amounted to EUR 21,213k and hence exceeded the prior year’s result of EUR 19,690k by 7.7%. The EBITA margin rose by 0.2 percentage points to 16.7% (prior year: 16.5%). Despite the declining sales trend in temporary staffing, the Management Board is still anticipating growth in sales for the Amadeus FiRe Group for the 2015 fiscal year. A requirement for this is that the overall economic forecast and demand situation do not deteriorate, the legal and regulatory framework remains stable and permanent placement and training services develop solidly. In connection with the above-mentioned effect in personnel costs the Management Board is anticipating 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 End of Media Release Issuer: Amadeus FiRe AG Key word(s): Services 2015-10-22 Dissemination of a Press Release, 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 Media |
404199 2015-10-22 |