AMADEUS FIRE AG

Earnings Release • Jul 21, 2011

News Details

Ad-hoc | 21 July 2011 07:41

Amadeus FiRe AG: Half year results of fiscal year 2011

Amadeus FiRe AG / Key word(s): Half Year Results

21.07.2011 07:41

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Frankfurt/Main, 21 July 2011. In the first six months of fiscal year 2011
the Group achieved consolidated revenues of EUR k 62,862 (prior year EUR k
54,025). This is an increase in revenue of 16.4%. The period had one
chargeable day more than the respective prior year period.
Sales of individual services developed as follows:
* Temporary staffing + 18 %
* Interim and project management - 18 %
* Permanent placement + 73 %
* Training - 0 %
After the first six months of the fiscal year, gross profit of the Amadeus
FiRe Group amounted to EUR k 26,238 after EUR k 20,923 in prior year's
period, an increase of 25.4%. Amounting to 41.7% in the half year the
gross profit margin was 3.0 per cent points above the comparable prior
year amount.
This development is mainly due to the increased share of permanent
placement, to the sales of the additional chargeable day and to the
increased gross profit margin in interim and project management. The gross
profit margin for training decreased, however, partly due to lower
attendance figures.
In the first six months selling and administrative expenses increased by
17.4 % to EUR k 16,657 compared to EUR k 14,194 recorded last year.
Profit from operations came to EUR k 9,619 and exceeded prior year (EUR k
6,935) by 38.7 %. After six months the EBITA margin is at 15.3 % compared
to 12.8 % in prior year's period.
On the basis of the current order situation and under constant economic
general conditions, the Management Board of the Amadeus FiRe Group
anticipates a positive result for fiscal year 2011 that will be higher
than the industry average despite the planned investments in personnel in
the existing branch network.
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 Announcement DGAP News-Service

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