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AMADEUS FIRE AG
Earnings Release • Oct 18, 2024
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Earnings Release
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Ad-hoc | 18 October 2024 12:25
AMADEUS FIRE AG: Adjusted guidance of operating EBITA for full-year 2024
AMADEUS FIRE AG / Key word(s): Change in Forecast/Quarter Results
AMADEUS FIRE AG: Adjusted guidance of operating EBITA for full-year 2024
18-Oct-2024 / 12:25 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Adjusted guidance of operating EBITA for full-year 2024
Frankfurt/Main, 18 th October 2024
The growing pessimism in the German economy over recent months, along with the resulting hesitancy in placing orders, has had a noticeable impact on the Amadeus Fire Group’s results for the first nine months of 2024. The Management Board expects no market clarification for the rest of the year.
The Amadeus Fire Group achieved an operating EBITA* in the amount of 46.4 mill. € after nine months 2024 that is around 14.8 percent below the corresponding figure the year before as well as below the company’s expectations. The Management Board adjusts the guidance of the operating EBITA* for full-year 2024 to around 58 mill. € after the already adapted guidance at the half-year reporting 2024 to 64-70 mill. €.
* Definition operating EBITA at Amadeus Fire Group: Profit from operations before goodwill impairment and amortisation of intangible assets from the purchase price allocation / as well as before effects from the measurement of the purchase price liability of the non-controlling shareholders in Amadeus FiRe Weiterbildung Verwaltungs GmbH.
Additional information as well as an explanatory press release are available on our website under
https://group.amadeus-fire.de/en/investor-relations/financial-reports/ and under
https://group.amadeus-fire.de/en/investor-relations/news/
End of Inside Information
18-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
| Language: | English |
| Company: | AMADEUS FIRE AG |
| Hanauer Landstrasse 160 | |
| 60314 Frankfurt am Main | |
| 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 |
| Indices: | SDAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2011587 |
| End of Announcement | EQS News Service |