Earnings Release • Feb 5, 2009
Earnings Release
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Ad-hoc | 5 February 2009 07:22
Amadeus FiRe AG: Preliminary figures for 2008
Amadeus FiRe AG / Preliminary Results
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Frankfurt/Main, 5. February 2009. Consolidated sales in 2008 of the
Amadeus FiRe group totalled EUR 114,6 Mio. (prior year: EUR 92,7 Mio.),
an increase of 23,6 per cent. All services generated growth whereas the
biggest service line specialized temporary staffing grew again by 29 per
cent after growing by 42 per cent in 2007.
The gross profit margin was improved from 41,2 per cent in 2007 to 41,9
per cent in 2008.
Due to higher payroll expenses and the expansion of the branch office
network started in 2007, the selling and administrative expenses rose by
20,9 per cent.
The operative group result before goodwill amortisation (EBITA) amounted
to EUR 18,1 Mio. (prior year: EUR 13,7 Mio.). Prior year’s operative
result was topped by 32,1 per cent.
The EBITA margin was 15,8 per cent after 14,8 per cent in the prior year.
Goodwill was impaired by EUR 2,7 Mio. Earnings before interest and tax
amounted to a record EUR 15,4 Mio., a growth of 12,4 per cent compared to
prior year.
For 2009 the management expects that the international financial crises
will be a big burden for the economic development. The resulting impacts
on the business development of the Amadeus FiRe Group regarding the
intensity and duration are currently unknown and do not allow a
quantifiable projection. For fiscal year 2009 declining sales revenues
but an overall positive result is expected.
The final figures for the fiscal year 2008 will be announced during a
press conference/analyst’s meeting on 18 March 2009.
Amadeus FiRe AG
Thomas Weider
Investor Relations
Tel: +49 (69) 96 876-180
[email protected]
05.02.2009 Financial News transmitted by DGAP
Language: English
Issuer: Amadeus FiRe AG
Darmstädter Landstr. 116
60598 Frankfurt
Deutschland
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: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Hamburg, Düsseldorf, Stuttgart
End of News DGAP News-Service
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