Amadeus FiRe confirms preliminary figures for fiscal year 2014
Sales improved in all services (temporary staffing, permanent placement, interim and project management, training).
Gross profit grew by EUR 7.8m or 12.9% to EUR 67.8m (prior year EUR 60.0m). The gross profit margin of 42.1% was slightly below prior year’s 42.3% (-0.2 percentage points).
The selling and administrative expenses were EUR 41.1m after EUR 36.8m in prior year. Mainly the increase of EUR 4.3m derived from personnel expenditures in operations, compensation of the management board and intensified marketing activities.
Amadeus FiRe group’s earnings before interest, tax and goodwill amortisation (EBITA) amounted to EUR 26.8m (prior year EUR 23.3m). EBITA increased by EUR 3.5m (15.1%) with a slightly improved EBITA margin of 16.6%.
Hence the Amadeus FiRe group generated a consolidated profit after minority interests of EUR 17.5m after EUR 14.7m in the prior year.
Earnings per share stand at EUR 3.37 for fiscal year 2014 (prior year EUR 2.83) in relation to the profit for the period attributable to ordinary shareholders.
2014 was the most successful operating year in the history of the Amadeus FiRe group. Currently management board and supervisory board anticipate no additional liquidity requirements and will propose a dividend of EUR 3.37 per share at the AGM on 27 May 2015 (prior year’s dividend: EUR 2.83). This dividend corresponds to the group’s net result.