AMADEUS FIRE AG: Quartely statement three months 2023
Press Release Amadeus FiRe AG:Quarterly statement three months 2023 Frankfurt/Main, 25 April 2023. The Amadeus FiRe Group had a successful start into the year and was able to continue its growth path. Especially the training segment was able to develop positively in the first three months of the year. With consolidated revenue of € 111.1 million, the level of revenue increased by 8.0 percent compared to the previous year. The operating EBITA improved by 8.2 percent to € 19.1 million and the net profit for the period rose by 11.8 percent to € 11.9 million. Revenues in the segments developed as follows:
Due to the measures implemented in 2022 and the improved situation of the operating business in the second half of the year, the training segment turnover in the first quarter of 2023 showed a clearly positive development with an increase of 19.9 percent. In total, the training segment achieved a turnover of € 37.4 million after € 31.2 million in the previous year. Correspondingly, the operating EBITA improved by 68.5 percent to € 5.6 million after a weak previous year. In particular, publicly funded training was able to develop positively due to the expansion of the network of training locations and product portfolio as well as the general market development. The course and seminar business with private and business customers was also able to achieve a further increase in turnover and results. The results achieved by the Amadeus FiRe Group are within the expectations forecast at the end of 2022. The management board confirms its growth forecast for 2023. For 2023 as a whole, revenue of € 440 to € 470 million is still expected, combined with operating EBITA of € 73 to € 79 million. This would represent an average increase in turnover and operating EBITA of slightly less than 12 percent. The overall economic situation remains tense, but according to current forecasts, Germany's economic development should be noticeably positive from the second half of the year. Nevertheless, current developments remain difficult to predict, harbour risks and are difficult to forecast accurately. The full report is available on our homepage. Amadeus FiRe AG End of Media Release Issuer: AMADEUS FIRE AG Key word(s): Services
25.04.2023 CET/CEST Dissemination of a Press Release, transmitted by EQS News - a service of EQS Group AG. |
Language: | English |
Company: | AMADEUS FIRE AG |
Hanauer Landstrasse 160 | |
60314 Frankfurt am Main | |
Germany | |
Phone: | +49 (0)69 96876 - 180 |
Fax: | +49 (0)69 96876 - 182 |
E-mail: | [email protected] |
Internet: | www.amadeus-fire.de |
ISIN: | DE0005093108 |
WKN: | 509310 |
Indices: | SDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1615481 |
End of News | EQS Media |
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1615481 25.04.2023 CET/CEST
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