AMADEUS FIRE AG

Earnings Release • Jun 24, 2004

News Details

Ad-hoc | 24 June 2004 08:14

AMADEUS FIRE AG: Final figures for fiscal year 2003/2004

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Frankfurt/Main, 24th of June 2004. AMADEUS FIRE, the provider of personnel services, confirms the preliminary figures for the fiscal year ended at 31st of March 2004. Group sales amount to EUR 47,1 million, a decline of 23,5% compared to prior year. The gross profit margin has been improved from 37,7% to 39,5%. The positive development is attributed to a higher share of training and education sales and a generally improved utilization rate. The operative result (EBITA) totals EUR 2,0 million (prior year: EUR 4,5 million). Despite cost savings of selling and administrative expenses of EUR 2,2 million, the lost gross profit of EUR 6 million could not be compensated. The fiscal year was closed with a net loss of EUR 0,5 million (prior year: net profit EUR 1,8 million) after minorities. At the annual general meeting on August 4, 2004, Management and Supervisory Board will propose to distribute no dividend. The annual report 2003/2004 can be downloaded or ordered on the AMADEUS FIRE- homepage ( http://www.AMADEUS-FIRE.com ). AMADEUS FIRE AG Thomas Weider Investor Relations Tel: +49 (69) 96 876-180 Investor-Relations@AMADEUS-FIRE.de end of ad-hoc-announcement (c)DGAP 24.06.2004 ——————————————————————————– WKN: 509310; ISIN: DE0005093108; Index: Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf und Stuttgart 240814 Jun 04