AMADEUS FIRE AG

Earnings Release • Apr 28, 2011

News Details

Ad-hoc | 28 April 2011 07:46

Amadeus FiRe AG: First quarter results of fiscal year 2011

Amadeus FiRe AG / Key word(s): Quarter Results

28.04.2011 07:46

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Frankfurt/Main, 28 April 2011. In the first quarter of fiscal year 2011
the Amadeus FiRe Group achieved consolidated revenues of EUR k 31,003
(prior year EUR k 25,812), an increase of 20 per cent. The period had one
chargeable day more than the respective prior year period.
The different services developed as follows:
* Temporary staffing + 24 per cent
* Interim and project management - 19 per cent
* Permanent placement + 78 per cent
* Training - 6 per cent
In the first three months the Amadeus FiRe Group achieved a gross profit
of EUR k 13,005 after EUR k 9,988 in prior year's quarter. With 41.9 per
cent the gross profit margin was well above the prior year amount of 38.7
per cent. The higher gross margin was mainly due to the increased share of
permanent placement, to the sales of the additional chargeable day and to
the increased margin in interim and project management. The margin for
training decreased due to lower attendance figures.
In the first quarter selling and administrative expenses came to EUR k
8,522. Compared with EUR k 7,090 recorded last year this was an increase
of 20 per cent.
The operating profit came to EUR k 4,492 and exceeded prior year (EUR k
3,102) by 45 per cent. After three months the EBITA margin was at 14.5 per
cent compared to 12.0 per cent in prior year's period.
On the basis of the current order situation and under constant economic
general conditions, the Management Board of the Amadeus FiRe Group
anticipates a positive result for fiscal year 2011 that will be higher
than the industry average despite the planned investments in personnel in
the existing branch network.
The complete report is available at www.amadeus-fire.de.
Amadeus FiRe AG
Thomas Weider
Investor Relations
Tel: +49 (69) 96 876-180
Investor-Relations@Amadeus-FiRe.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, Düsseldorf, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

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