DGAP-News: Amadeus FiRe AG

DGAP-News: Amadeus FiRe AG: 9-months results of fiscal year 2016

DGAP-News: Amadeus FiRe AG / Key word(s): Quarterly / Interim Statement Amadeus FiRe AG: 9-months results of fiscal year 2016

20.10.2016 / 07:45 The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Press release

Amadeus FiRe AG: 9-months results of fiscal year 2016

Frankfurt/Main, 20 October 2016. After nine months of the 2016 financial year, the Amadeus FiRe Group generated consolidated revenues of EUR 128,947k (prior year: EUR 126,891k), an increase of 1.6%. The reporting period had two billable days more than the respective prior year's period. Except for the temporary staffing service, which was 1.5% below the previous year, all other services contributed to the sales improvement.

Sales of individual services developed as follows:

Temporary staffing - 1,5%

Permanent placement + 16,7%

Interim and project management + 0,8%

Training + 7,9%

The gross profit of the Amadeus FiRe Group improved by 4.6% to EUR 56,389k (previous year: TEUR 53,927). The gross profit margin increased by 1.2 percentage points, from 42.5% to 43.7%. Besides the two additional days, the steady growth of high-margin permanent placement revenues had a positive effect on the margin.

Selling and administrative Expenses amounted to EUR 34,031k in the period under review after EUR 32,822k in the previous year. The increase of 3.7% was primarily attributable to staff costs. The increase of the salary ranges for the sales staff, recruiting of new sales staff in the branch offices and the filling of new overhead positions were responsible for this. In addition, increased marketing costs for online recruitment and customer events along with higher rental costs contributed to this.

EBITA for the first nine months amounted to EUR 22,510k, an increase of 6.1% (previous year: EUR 21,213k). EBITA margin rose by 0.8 percentage points to 17.5% (previous year: 16.7%).

The development of permanent placement revenues was very positive. The order situation in temporary staffing stabilized. Furthermore, planned IT expenses for the new frontend software will not incur in 2016. The implementation will take place during the first months of 2017. Therefore the Management Board expects an operating result on prior-year level.

The complete report is available at www.amadeus-fire.de.

Amadeus FiRe AG Thomas Weider Investor Relations Tel: +49 (69) 96 876-180 Investor-Relations@Amadeus-FiRe.de

---------------------------------------------------------------------------

20.10.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

---------------------------------------------------------------------------

Language: English Company: Amadeus FiRe AG Darmstädter Landstr. 116 60598 Frankfurt Germany Phone: +49 (0)69 96876 - 180 Fax: +49 (0)69 96876 - 182 E-mail: investor-relations@amadeus-fire.de Internet: www.amadeus-fire.de ISIN: DE0005093108 WKN: 509310 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange End of News DGAP News Service ---------------------------------------------------------------------------

512699 20.10.2016