Corporate | 21 April 2005 08:28

Amadeus Fire AG: First quarter results in fiscal year 2005

Ad hoc announcement §15 WpHG Results Amadeus Fire AG: First quarter results in fiscal year 2005 Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— Frankfurt/Main, April 21, 2005. After three months of the fiscal year the Group has achieved consolidated sales revenues of EUR k 11.133 (prior year 01.01. – 31.03.2004: EUR k 10.849). An increase of 2,6 per cent has been realised despite of less chargeable days compared to prior year. Temporary staffing gained a volume growth. However lower average hourly charge rates caused a decrease in revenues. Demand for interim/project management services has picked up since end of 2004 and has continued in the first quarter 2005. This led to an increase of 23,1 per cent. Recruitment/permanent placement services achieved an increase of 9,2 per cent. Training and education sales of Steuer-Fachschule Dr. Endriss increased further while markets are getting tougher. After the first three months of the fiscal year AMADEUS FIRE achieves a gross profit of EUR k 4.127 (EUR k 4.317 in prior year’s quarter). The gross profit margin was 37,1 per cent compared to 39,8 per cent in prior year. The selling and administrative expenses in the first quarter amount to EUR k 3.870 which is marginally below prior year’s EUR k 3.883. The operating profit totals EUR k 291 (prior year: EUR k 442), a reduction of 34,1 per cent. The EBITA margin for the first three months is 2,6 per cent compared to 4,1 per cent in prior year’s quarter. The planned result for the first quarter was exceeded. A pick up of demand in the specialised sector of temporary staffing market is assumed. For the current quarter an improved result is expected. AMADEUS FIRE AG Thomas Weider, Investor Relations Tel: +49 (69) 96 876-180 Investor-Relations@AMADEUS-FIRE.de Amadeus Fire AG Darmstädter Landstr. 116 60598 Frankfurt Deutschland ISIN: DE0005093108 WKN: 509310 Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf und Stuttgart End of ad hoc announcement (c)DGAP 21.04.2005 210808 Apr 05