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AMADEUS FIRE AG — Earnings Release 2010
Apr 22, 2010
34_rns_2010-04-22_bc0b6597-4d49-42a6-9672-fb932c803762.html
Earnings Release
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Ad-hoc | 22 April 2010 07:36
Amadeus FiRe AG: First quarter results of fiscal year 2010
Amadeus FiRe AG / Quarter Results
22.04.2010 07:36
Dissemination 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, 22 April 2010. In the first quarter of fiscal year 2010 the
Amadeus FiRe Group achieved consolidated revenues of EUR k 25,812 (prior
year EUR k 28,369), a decrease of 9 per cent. The number of chargeable
days was identical to prior year.
The different services developed as follows:
* Temporary staffing - 3 per cent
* Interim and project management - 46 per cent
* Permanent placement/recruitment - 13 per cent
* Training and education + 9 per cent
In the first three months the Amadeus FiRe group achieved a gross profit of
EUR k 9,988 after EUR k 10,503 in prior year's quarter. The gross profit
margin of 38.7 per cent was 170 basis points above prior year (37.0 per
cent). The higher gross margin was due to a better utilization rate in
temporary staffing and an improved margin in the training and education
segment.
Selling and administrative expenses came to EUR K 7,090 in the first
quarter. Compared to prior year's EUR k 7,549 this was a decrease of 6 per
cent.
Other operating income includes mainly income relating to other periods.
The operating profit came to EUR k 3,102 and exceeded prior year (EUR k
2,959) by 5 per cent. After three months the EBITA margin was at 12.0 per
cent compared to 10.4 per cent in prior year's period.
It is further expected to achieve a positive profit exceeding industry
average for the Group result for fiscal year 2010.
The complete report is available at www.amadeus-fire.de.
Amadeus FiRe AG
Thomas Weider
Investor Relations
Tel: +49 (69) 96 876-180
[email protected]
22.04.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: 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, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service