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AMADEUS FIRE AG
Earnings Release • Feb 9, 2017
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Earnings Release
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Media | 9 February 2017 08:16
Amadeus FiRe AG: Preliminary results for fiscal year 2016
DGAP-Media / 09.02.2017 / 08:16
Press Release
**Amadeus FiRe AG:
Preliminary results for fiscal year 2016**
Frankfurt/Main, 9 February 2017 . 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.
In 2016 the gross profit amounted to EUR 75.8m (prior year: EUR 72.8m), representing an increase of EUR 3.1m or 4.2%. Gross profit margin improved by 0.9 percentage points from 42.9% to 43.8%.
The selling and administrative expenses amounted to EUR 46.0m after EUR 44.3m in prior year. Mainly this increase derived from personnel expenditures in operations and coherent staff-related expenses, as well as from higher rental expenses.
The earnings before interest, tax and goodwill amortisation (EBITA), the Amadeus FiRe Group’s most important performance indicator, reached a new peak of EUR 30.0m. Thus EBITA increased by EUR 1.4m (+4.7%) in fiscal year 2016. The EBITA margin of 17.3% outnumbered previous year’s level of 16.9% by 0.4 percentage points.
The company’s goal for fiscal 2017 is to exceed the EBITA level achieved of EUR 30.0m despite three working days less and significant investments in the further expansion of its business operations.
The final figures for the fiscal year 2016 will be announced during a press conference/analyst meeting on 14 March 2017.
**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
09.02.2017 Dissemination of a Press Release, transmitted by DGAP – a service of EQS Group AG.
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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 |