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DGAP-Adhoc : Amadeus FiRe AG significantly increases growth forecast

07/22/2021 | 01:02am
DGAP-Ad-hoc: Amadeus FiRe AG / Key word(s): Forecast/Half Year Report 
Amadeus FiRe AG significantly increases growth forecast 
22-Jul-2021 / 07:01 CET/CEST 
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a 
service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
Frankfurt/Main, July 22, 2021. 
Amadeus FiRe AG was able to close the first half of fiscal year 2021 with a very positive development. In both 
segments, Personnel Services and Training, the company found its way out of the crisis with a significant increase in 
revenue and earnings and has already clearly outperformed the pre-crisis level in 2019. In the first 6 months, 
consolidated sales rose by 30 percent to EUR178.4 million and operating profit from business activities (operating EBITA) 
by 70 percent to EUR29.5 million. 
Based on last year's operating EBITA of EUR41.1 million, the 2020 annual report forecasted growth in operating profit of 
a good 15 percent for 2021 as a whole, with improving business momentum from the middle of the year. 
The Management Board is correcting this forecast and expects significantly more dynamic growth for 2021 as a whole. It 
is expected to increase the previous year's result by at least 50 percent. After EUR29.5 million in the first half of the 
year, the EUR60 million threshold for operating EBITA should be clearly exceeded for the year as a whole. 
The basic assumption is that there will be no renewed economic disruptions as at the beginning of the 2020 pandemic. 
Amadeus FiRe AG 
Jan H. Wessling 
Investor Relations 
Tel: +49 (69) 96 876-180 
22-Jul-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and 
Press Releases. 
Archive at 
Language:     English 
Company:      Amadeus FiRe AG 
              Hanauer Landstrasse 160 
              60314 Frankfurt am Main 
Phone:        +49 (0)69 96876 - 180 
Fax:          +49 (0)69 96876 - 182 
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:  1220838 
End of Announcement  DGAP News Service 

1220838 22-Jul-2021 CET/CEST

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(END) Dow Jones Newswires

July 22, 2021 01:01 ET (05:01 GMT)

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