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AMADEUS FIRE AG
Earnings Release • Mar 14, 2017
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Earnings Release
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Media | 14 March 2017 08:21
Amadeus FiRe AG: Final figures for fiscal year 2016
DGAP-Media / 14.03.2017 / 08:21
Press Release
Amadeus FiRe AG: Final figures for fiscal year 2016
Frankfurt/Main, 14 March 2017 . Amadeus FiRe confirms the preliminary results for fiscal year 2016.
In fiscal year 2016 the Amadeus FiRe group achieved consolidated sales of EUR 173.3m (prior year EUR 169.7m), an increase of 2.1% year-on-year. Sales improved in permanent placement, interim and project management and training, temporary staffing saw a slight decrease.
Gross profit grew by 4.2% to EUR 75.8m (prior year EUR 72.8m). The gross profit margin rose from 42.9% to 43.8% due to an increasing share in sales of the high-margin services permanent placement and training.
The selling and administrative expenses accumulated EUR 46.0m after EUR 44.3m in prior year. Mainly the increase of EUR 1.7m derived from personnel expenditures in operations and coherent staff-related expenses, as well as from higher rental expenses.
Amadeus FiRe group’s earnings before interest, tax and goodwill amortisation (EBITA) amounted to EUR 30.0m (prior year EUR 28.7m), an increase of 4.7%. EBITA margin improved to 17.3% (prior year 16.9%). Thus 2016 was the most successful year in the history of the Amadeus FiRe group.
The Amadeus FiRe group generated a consolidated profit after minority interests of EUR 19.0m. Previous year’s level of 18.4m hence was exceeded by 3.5%.
Earnings per share were EUR 3.66 for fiscal year 2016 (prior year EUR 3.53) in relation to the profit for the period attributable to ordinary shareholders.
Management board and supervisory board will stay with the current dividend policy and will propose a dividend of EUR 3.66 per share at the AGM on 18 May 2017 (prior year’s dividend: EUR 3.53). This dividend corresponds to the group’s net earnings after minorities for 2016.
The annual report 2016 will be published on 29 March 2017 on the Amadeus FiRe website (www.amadeus-fire.de).
**Amadeus FiRe AG
Thomas Weider
Investor Relations
Tel: +49 (69) 96 876-180
End of Media Release
Issuer: Amadeus FiRe AG
Key word(s): Services
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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: | [email protected] |
| 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 News | DGAP Media |