Earnings Release • Apr 23, 2015
Earnings Release
Open in ViewerOpens in native device viewer
News Details
Corporate | 23 April 2015 09:17
Amadeus FiRe AG: First quarter results of fiscal year 2015
Amadeus FiRe AG / Key word(s): Quarter Results
2015-04-23 / 09:17
Corporate News
Amadeus FiRe AG: First quarter results of fiscal year 2015
Frankfurt/Main, 23 April 2015. In the first quarter of fiscal year 2015, the Amadeus FiRe Group recorded consolidated revenues of EUR 41,096k, an increase of 9.9% on the same period of the previous year (EUR 37,388k). All of the services contributed to this development. The reporting period had the same number of billable days than the corresponding prior-year period.
The different services developed as follows:
– Temporary staffing + 8%
– Interim and project management +16%
– Permanent placement + 23%
– Training + 10%
The gross profit of the Amadeus FiRe Group improved by 9.3% to EUR 16,898k (previous year: EUR 15,457k). The gross profit margin declined slightly by 0.2 percentage points, from 41.3% to 41.1%. In a similar vein to the flu epidemic that hit Germany in early 2013, however, the first quarter of 2015 again saw an unusually high level of illness among temporary workers. The revenues lost as a result have a corresponding impact on the temporary staffing gross profit margin.
Selling and administrative expenses amounted to EUR 10,890k in the period under review after EUR 10,322k in the previous year. The increase of 5.5% was primarily attributable to staff costs. In addition to regular salary increases, initial investments were made in expanding operations. The increase in the workforce in the first quarter was initially significantly lower than planned, but efforts in this area will continue.
In the first quarter the operating profit (EBITA) amounted to EUR 6,043k (previous year: EUR 5,142k), an increase of 17.5%. The EBITA margin rose by 0.9 percentage points to 14.7% (previous year: 13.8%).
The lower number of billable days in the second quarter compared with the first quarter will lead to a corresponding reduction in revenues and earnings. For fiscal year 2015 the Management Board holds on to its projections.
The complete report is available at www.amadeus-fire.de.
Amadeus FiRe AG
Thomas Weider
Investor Relations
Tel: +49 (69) 96 876-180
2015-04-23 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
| 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 |
| End of News | DGAP News-Service |
| - - - |
| 347567 2015-04-23 |
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.