AMADEUS FIRE AG

Earnings Release • Feb 4, 2010

News Details

Ad-hoc | 4 February 2010 07:37

Amadeus FiRe AG: Preliminary figures for 2009

Amadeus FiRe AG / Preliminary Results

04.02.2010

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
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The issuer is solely responsible for the content of this announcement.

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Frankfurt/Main, 4 February 2010. In fiscal year 2009 the Amadeus FiRe
group achieved consolidated sales of EUR 110.7m a decrease of 3.4 per cent
on prior year's revenue (EUR 114.6m). Lower revenue in the service line
permanent placement / recruitment was solely responsible for the decline.
Sales in temporary staffing were on prior year's level; interim- /project
management and the training services achieved small sales increases.
The gross profit margin decreased from 41.9 per cent in 2008 to 39.2 per
cent in 2009.
This was due to a change in the service mix and a lower margin in
temporary staffing.
The selling and administrative expenses were reduced by 8.0 per cent or
EUR 2.4m compared to prior year due to lower payroll and marketing
expenses.
In the last fiscal year the operative group result before goodwill
amortisation (EBITA) amounted to EUR 16.1m (prior year: EUR 18.1m), a
decrease of 11.5 per cent.
The EBITA margin was 14.5 per cent after 15.8 per cent in the prior year.
In view of the general economic situation in 2009 and considering the
development of the staffing industry the result was well above the
expectations.
Goodwill was impaired by EUR 0.3m. Earnings before interest and tax
amounted to EUR 15.7m, a growth of 1.9 per cent compared to prior year.
Due to the current economic projections and a possible negative
development of the labour market the management expects no increase of
demand of the Amadeus FiRe services for fiscal year 2010. Slightly
declining to stable sales revenues are expected but a positive result
which should be above the average of the industry.
The final figures for the fiscal year 2009 will be announced during a
press conference/analyst's meeting on 17 March 2010.
Amadeus FiRe AG
Thomas Weider
Investor Relations
Tel: +49 (69) 96 876-180
Investor-Relations@Amadeus-FiRe.de

04.02.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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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: investor-relations@amadeus-fire.de
Internet: www.amadeus-fire.de
ISIN: DE0005093108
WKN: 509310
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Hamburg, Stuttgart

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