Amadeus FiRe up as growth in personnel services boosts 9-mth results

Amadeus Fire AG

25/10/2022 09:39

** Shares of German recruiter Amadeus FiRe  AMDG.DE  jump
5.4% after sustained demand for skilled workers boosted its
9-month results
    ** Its 9-month operating EBITA rose by 1.7% to EUR 50.2 mln
($49.5 mln), while sales increased by 11.3% to EUR 306 mln
    ** The group says the positive overall development was
driven by the Personnel Services segment, which recorded a 40.8%
jump in 9-month EBITA and 20.9% rise in sales
    ** The company expects to reach FY operating EBITA of above
EUR 70 mln, at the lower end of its forecast range of 7-9%
    ** The stock is at the top of Germany's small-cap index
 .SDAXI  
($1 = 1.0134 euros)
 (Reporting by Ozan Ergenay)
 ((ozan.ergenay@thomsonreuters.com))