Germany's Amadeus Fire FY 2025 prelim revenue falls

Amadeus Fire AG

25/03/2026 17:43

Overview

Germany staffing and training provider's preliminary FY 2025 revenue fell 17% yr/yr

Operating EBITA declined sharply due to restructuring costs and digital investments

Company reported net loss and negative EPS; no dividend to be paid for FY 2025

Outlook

Amadeus Fire targets 2026 revenue of €362 mln to €394 mln, up 0-8% from 2025

Company expects 2026 operating EBITA of €20 mln to €31 mln, up 46%-130% year-on-year

Company sees weak economic conditions in Germany continuing to dampen demand in 2026

Result Drivers

MACROECONOMIC WEAKNESS - Co said weak economic conditions and business uncertainty led to reduced hiring and cautious investment decisions in Personnel Services segment

TRAINING DEMAND DECLINE - Co said reduced demand for publicly funded training, caused by delayed budgetary policy and cautious funding, lowered Training segment revenue

RESTRUCTURING AND DIGITAL INVESTMENTS - One-off restructuring costs in Training segment and investments in digital transformation contributed to sharp drop in operating profit

Company press release: ID:nEQ2Q3vXMa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Basic EPS
-EUR 0.44
FY Revenue
EUR 363.6 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the employment services peer group is "buy."

Wall Street's median 12-month price target for Amadeus Fire AG is €80.00, about 244.1% above its March 24 closing price of €23.25

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 11 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)