Ad-hoc | 11 October 2016 18:38


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.

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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.
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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:       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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