Amadeus Fire drops in premarket after outlook 2025 cut, weak H1 results

Amadeus Fire AG

24/07/2025 06:59

** Shares of German recruiter Amadeus Fire AMDG.DE are indicated down 11% in Lang & Schwarz premarket after the company cut its outlook for 2025 and posted weak H1 results

** It now expects FY adjusted revenue to come in a range between 355 and 385 million euro ($418.01 million-$453.34 million), down from a previous estimate of 387-417 million euro

** It also cut FY EBIT forecast to a range of 15-25 million euro, down from the prior estimate of 36-44 million euro

** Revenue for H1 came in at 186.6 million euro, down 17% from the same period last year

** "Ugly profit warning, showing tough market does not get better," a local trader said

($1 = 0.8493 euros)

 (Reporting by Isabel Demetz)

 ((Isabel.demetz@thomsonreuters.com))