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AMADEUS FIRE AG (FRA:AAD) Amadeus FiRe AG raises earnings forecast again

Transparency directive : regulatory news

21/10/2021 06:57

DGAP-Ad-hoc: Amadeus FiRe AG / Key word(s): Change in Forecast/Quarterly / Interim Statement
Amadeus FiRe AG raises earnings forecast again

21-Oct-2021 / 06:57 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Frankfurt/Main, October 21, 2021. Amadeus FiRe AG completed the first nine months of fiscal year 2021 with very positive operations. Significant increases in revenue and earnings were generated in both business segments, Personnel Services and Training. The pre-crisis level has already been clearly exceeded.

Group sales increased by 35.8 percent to EUR 274.8 million and operating profit from operating activities (operating EBITA) by around 75 percent to EUR 49.4 million. Earnings per share, based on the net profit for the period attributable to ordinary shareholders of the parent company, more than doubled to EUR 4.73 in the first nine months of 2021, compared to EUR 2.12 in the previous year.

The positive momentum of the first half-year continued even better than expected in the third quarter. After the Management Board had already significantly raised its earnings forecast at the half-year point to an increase in operating EBITA of at least 50 percent to more than EUR 60 million, the forecast is revised upwards once again. For the full year 2021 the Management Board expects to outperform the earnings threshold of EUR 65 million for operating EBITA.

Amadeus FiRe AG
Jan Hendrik Wessling
Investor Relations
Phone: +49 (69) 96 876-180
Investor-Relations@Amadeus-FiRe.de


21-Oct-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Amadeus FiRe AG
Hanauer Landstrasse 160
60314 Frankfurt am Main
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
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1242371

 
End of Announcement DGAP News Service

1242371  21-Oct-2021 CET/CEST

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