AMADEUS FIRE AG

Earnings Release • Feb 2, 2005

News Details

Corporate | 2 February 2005 09:01

Amadeus Fire AG: Preliminary figures for the shortened fiscal year 2004

Ad hoc announcement §15 WpHG Preliminary figures for the shortened fiscal year 2004 (1.4.-31.12.2004) Amadeus Fire AG: Preliminary figures for the shortened fiscal year 2004 Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— Frankfurt/Main, 2nd of February 2005. Group sales of AMADEUS FIRE amount to EUR 32,9 Mio. for the nine months of the shortened fiscal year (comparable prior year: EUR 36,3 Mio.), a decline of 9,3 per cent. Permanent placement as well as training and education services achieved a noticeable turnover increase. After a weak start in the shortened fiscal year interim and project management sales grew remarkably in the third quarter achieving prior year’s level. Sales of temporary staffing services declined compared to the nine months of prior year. It is assumed that, driven by the growth in the blue collar sector, the staffing industry has grown in 2004. In the specialized commercial area a slight pick up of demand at the end of 2004 has been noticed. Gross profit margin of the group was increased by 141 basis points up to 40,8 per cent after 39,4 per cent in prior year’s comparable period. The improvement is influenced by higher sales in the permanent placement and training and education services as well as in an increased utilization rate of the temporary staff. The sales and administrative expenses were reduced by 7 per cent in the reporting period. For the shortened fiscal year the operative group result before goodwill amortisation (EBITA) amounted to EUR 1,5 Mio. (comparable prior year: EUR 1,5 Mio.). EBITA margin was 4,4 per cent (prior year: 4,2 per cent). Management and supervisory board will propose at the annual shareholders meeting to distribute a dividend of 10 cent per share. Following the recovery of the general staffing market an increase in the specialized sector in particular finance and accounting is expected for 2005. Therefore the AMADEUS FIRE group expects for 2005 increasing sales and an improved operative result. The final figures for the shortened fiscal year 2004 will be announced during a press conference/analyst’s meeting on 30th of March 2005. AMADEUS FIRE AG Thomas Weider Investor Relations Tel: +49 (69) 96 876-180 Investor-Relations@AMADEUS-FIRE.de Amadeus Fire AG Darmstädter Landstr. 116 60598 Frankfurt Deutschland ISIN: DE0005093108 WKN: 509310 Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf und Stuttgart End of ad hoc announcement (c)DGAP 02.02.2005 020803 Feb 05