AMADEUS FIRE AG

Earnings Release • Feb 2, 2012

News Details

Ad-hoc | 2 February 2012 07:43

Amadeus FiRe AG: Preliminary results for the 2011 fiscal year

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

02.02.2012 07:43

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

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Frankfurt/Main, 2 February 2012. In fiscal year 2011 the Amadeus FiRe group
exceeded the very good results of the previous year. In 2011 consolidated
sales came to EUR 130.1m, an increase of 11.9% on prior year's revenue (EUR
116.2m). The increase in sales was primarily caused by the temporary
staffing and the permanent placement service lines. Sales in training were
slightly above prior year. Sales in interim- / project management were
below prior year; however the gross profit achieved increased.
The gross profit margin improved from 41.2% in 2010 to 42.9% in 2011. This
was primarily due to the increase in sales in the permanent placement
service line.
The selling and administrative expenses rose by 14.8% or EUR 4.3m compared
to prior year mainly due to investments in additional personnel for the
sustainable expansion of the operating business. In addition, improved
earnings led to higher variable compensations.
In the past fiscal year the operative group result before goodwill
amortisation (EBITA) amounted to EUR 22.2m (prior year: EUR 18.8m). This is
an increase of 17.7%.
The EBITA margin was 17.1% after 16.2% in the prior year.
Due to the current economic projections and their effect on demand for
Amadeus FiRe services the Executive Board expects a moderate increase in
sales for fiscal year 2012.
The final figures for the fiscal year 2011 will be announced during a press
conference/analyst's meeting on 14 March 2012.

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
Germany
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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