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Amadeus FiRe announces preliminary results for 2013 fiscal year

In fiscal year 2013 the Amadeus FiRe group achieved consolidated sales of EUR 142.1m (prior year EUR 137.0m), an increase of 3.7% compared to prior year. Sales improved in all services (temporary staffing, permanent placement, interim-/project management and training).

In 2013 the gross profit amounted to EUR 60.0m (prior year EUR 58.3m). The gross profit margin of 42.3% was slightly below prior year’s 42.5% (-0.2 percentage points). The fiscal year 2013 had one chargeable day less.

The selling and administrative expenses rose by EUR 1.2m to EUR 36.8 (prior year EUR 35.6m), deriving from slightly increased personnel expenditures as well as additional training costs for the sales force and further development of the front end software.

The Amadeus FiRe group&acutes earnings before interest, tax and goodwill amortisation (EBITA) amounted to EUR 23.3m, a new record result. This represents an increase of EUR 0.6m (2.5 percent) compared to prior year. The EBITA margin was 16.4% and nearly confirmed the previous year&acutes level of 16.6%.

For 2014 the management board expects to exceed the threshold of EUR 150.0m consolidated sales for the first time and also an improved result. This forecast is based on the current positive macroeconomic projections, the thereby originating demand and a further improvement of productivity.

The final figures for the fiscal year 2013 will be announced during a press conference / DVFA event on 19 March 2014.

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