Germany · Delayed Price · Currency is EUR Amadeus FiRe AG Earnings Call Transcripts
Fiscal Year 2026
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Q1 2026 saw sequential stabilization and operational improvements, though year-over-year declines persisted due to a weak 2025. Revenue and gross profit rose quarter-on-quarter, with training buoyed by acquisitions and staffing stabilizing. 2026 guidance remains cautious amid a weak German market.
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Profitability declined sharply in 2025 amid economic stagnation, with revenues down 16.8% and a net loss reported. Strategic acquisitions in AI-driven corporate learning and a focus on cost management aim to drive 2026 earnings growth, despite a weak market outlook.
Fiscal Year 2025
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FY2025 saw a sharp decline in revenue and profitability due to economic stagnation, restructuring, and weak demand in both staffing and training. Outlook for 2026 targets stabilization and growth, especially in training and AI-driven services, with no further restructuring planned.
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2025 saw a 17% revenue decline and lower profitability due to weak German economic conditions, restructuring costs, and subdued demand in both staffing and training. Digital B2B training acquisitions expand future potential, while cost controls and credit flexibility support stability.
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Revenues and earnings declined sharply year-over-year due to ongoing economic stagnation in Germany, with significant restructuring in the training segment and a strategic acquisition to boost B2B training. Outlook remains cautious for 2025, with improvement expected in 2026.
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Revenue and earnings declined sharply in H1 2025 due to economic and regulatory headwinds, prompting a downward revision of full-year guidance. Cost-saving measures and investments in digital and AI continue, with H2 expected to improve seasonally but no recovery forecast for 2025.
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Q1 2025 saw a 14.5% revenue decline and a sharp drop in profitability amid a stagnant German economy. Management maintains full-year guidance, expecting improvements in Training and stable Personnel Services, supported by cost controls and technology investments.
Fiscal Year 2024
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Operating margins stayed strong at 12.7% despite a tough German economy, with earnings per share down to €6.01 and a one-off tax hit. 2025 is expected to remain challenging, with revenue slightly above €400 million and a 28% drop in operating result forecast.
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2024 saw stable revenues but a sharp decline in profitability due to weak demand in staffing, while training provided stability. The outlook for 2025 remains cautious amid ongoing economic stagnation, with continued investment in IT and a focus on M&A in training.