Brief: Amadeus Fire - Executive Board Expects To Achieve Consolidated Operating EBITA* In Range Of EUR 58 Million By End Of 2024

Amadeus Fire AG

23/10/2024 17:18

Oct 23 (Reuters) - Amadeus Fire AG  AMDG.DE :
    * SLIGHT INCREASE IN REVENUE AND OPERATING GROSS PROFIT OF
THE
AMADEUS FIRE GROUP AFTER NINE MONTHS IN 2024
    * INCREASED CONSOLIDATED REVENUE FOR FISCAL YEAR 2024 BY 1.9
PERCENT TO EUR 337.7 MILLION AT END OF SEPTEMBER
    * EXECUTIVE BOARD EXPECTS OPERATING EBITA OF €58 MILLION BY
END OF
2024
    * OPERATING GROSS PROFIT INCREASED BY 0.6 PERCENT TO EUR
184.5
MILLION AFTER NINE MONTHS (PREVIOUS YEAR: EUR 183.4 MILLION)
    * INCREASED CONSOLIDATED REVENUE FOR FISCAL YEAR 2024 BY 1.9
PERCENT TO EUR 337.7 MILLION AT END OF SEPTEMBER (PREVIOUS YEAR:
EUR 331.5 MILLION)
    * 9M CONSTANT GROSS PROFIT MARGIN OF 54.6 PERCENT (9-MONTH
PERIOD
2023: 55.3 PERCENT)
    * ECONOMIC RECOVERY REMAINS UNLIKELY IN Q4 OF YEAR, SO 2024
WILL
BE A FURTHER YEAR OF RECESSION
    * OPERATING EBITA* OF EUR 46.4 MILLION IN FIRST NINE MONTHS
OF
2024 FISCAL YEAR
    * 9M OPERATING EBITA* MARGIN OF 13.8 PERCENT (9-MONTH PERIOD
OF
2023: 16.4 PERCENT)
    * PERSONNEL SERVICES SEGMENT REVENUE OF EUR 208.9 MILLION
AFTER
NINE MONTHS (PREVIOUS YEAR: EUR 218.2 MILLION) WAS -4.3 PERCENT
DOWN ON PREVIOUS YEAR (SPECIFIES SEGMENT)
    * REVENUE FOR TRAINING SEGMENT INCREASED SIGNIFICANTLY BY
13.6
PERCENT TO EUR 129.1 MILLION IN FIRST NINE MONTHS OF 2024
(PREVIOUS YEAR: EUR 113.7 MILLION)
    * EXECUTIVE BOARD EXPECTS TO ACHIEVE CONSOLIDATED OPERATING
EBITA*
IN RANGE OF EUR 58 MILLION BY END OF 2024

Further company coverage:  AMDG.DE 

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