Corporate | 24 October 2013 09:22


Amadeus FiRe AG: Nine months results of fiscal year 2013


Amadeus FiRe AG / Key word(s): Quarter Results

24.10.2013 / 09:22


Frankfurt/Main, 24 October 2013. In the first nine months of the 2013 financial year, the Amadeus FiRe Group generated consolidated sales of EUR 105,844k (previous year: EUR 102,181k), an increase of 3.6%. Sales rose in all services provided. Compared to the previous year, the first three quarters had one chargeable day less.

Sales of individual services developed as follows:

– Temporary staffing + 1%
– Interim and project management + 19%
– Permanent placement + 8%
– Training + 10%

At EUR 44,752k, the gross profit for the first three quarters is up 2.8% (EUR 1,212k) on the previous year’s figure of EUR 43,540k. The gross profit margin is therefore 0.3 percentage points below the prior-year figure (42.6%) at 42.3%. The margin decline is primarily due to one chargeable day less and the unusual high level of sick leave of temporary workers during the first quarter of the calendar year. Positive margin effects derive from the development of the high margin services permanent placement and training and education sales.

Selling and administrative expenses increased by 3.6% in the reporting period to EUR 27,671k (previous year: EUR 26,701k). The increase is driven by higher expenses for training activities and IT.

EBITA climbed by 1.9% after nine months to EUR 17,133k (previous year: EUR 16,821k). The EBITA margin declined from 16.5% to 16.2% slightly.

In light of the current economic forecasts and the present demand situation for the Group’s services, the Management Board is forecasting that operational result will virtually match the previous year’s level.

The complete report is available at www.amadeus-fire.de.

Amadeus FiRe AG
Thomas Weider
Investor Relations
Tel: +49 (69) 96 876-180
Investor-Relations@Amadeus-FiRe.de



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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: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of News DGAP News-Service

235986  24.10.2013