'No light at the end of the tunnel' for Amadeus Fire, stock falls amid FY earnings miss

Amadeus Fire AG

11/02/2025 07:37

** Shares in German employment services provider Amadeus
Fire  AMDG.DE  fall 2.3% in early Frankfurt trade to the bottom
of the  .SDAXI  index after the company reported "disappointing"
preliminary FY numbers, a local trader says
    ** The company's operating EBITA fell to EUR 55.5 million 
($57.19 million), below analysts' estimates of EUR 57.2 million,
after the company had warned there was an increasingly negative
sentiment in the German economy and thus low demand for
Personnel Services
    ** A local trader says there is "no light at the end of the
tunnel for Amadeus Fire," as there is no reason to buy the
shares
    ** The trader expects the shares to take another step down
after moving sideways YTD
    ** Up to the previous session's close, shares were up 4.1%
YTD


($1 = 0.9705 euros)

 (Reporting by Bernadette Hogg)
 ((bernadette.hogg@thomsonreuters.com))