AMADEUS FIRE AG / DE0005093108

AMADEUS FIRE AG: Adjusted guidance of operating EBITA for full-year 2024

EQS-Ad-hoc: AMADEUS FIRE AG / Key word(s): Change in Forecast/Quarter Results


18-Oct-2024 / 12:25 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Adjusted guidance of operating EBITA for full-year 2024
Frankfurt/Main, 18thOctober 2024 The growing pessimism in the German economy over recent months, along with the resulting hesitancy in placing orders, has had a noticeable impact on the Amadeus Fire Group’s results for the first nine months of 2024. The Management Board expects no market clarification for the rest of the year. The Amadeus Fire Group achieved an operating EBITA* in the amount of 46.4 mill. € after nine months 2024 that is around 14.8 percent below the corresponding figure the year before as well as below the company’s expectations. The Management Board adjusts the guidance of the operating EBITA* for full-year 2024 to around 58 mill. € after the already adapted guidance at the half-year reporting 2024 to 64-70 mill. €.
* Definition operating EBITA at Amadeus Fire Group: Profit from operations before goodwill impairment and amortisation of intangible assets from the purchase price allocation / as well as before effects from the measurement of the purchase price liability of the non-controlling shareholders in Amadeus FiRe Weiterbildung Verwaltungs GmbH. Additional information as well as an explanatory press release are available on our website under 
https://group.amadeus-fire.de/en/investor-relations/financial-reports/ and under
https://group.amadeus-fire.de/en/investor-relations/news/        

End of Inside Information

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18-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:	English
Company:	AMADEUS FIRE AG
	Hanauer Landstrasse 160
	60314 Frankfurt am Main
	Germany
Phone:	[phone] - 180
Fax:	[phone] - 182
E-mail:	[e-mail]
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:	2011587

End of Announcement	EQS News Service

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2011587  18-Oct-2024 CET/CEST