Q3 2025 Amadeus Fire AG Earnings Call Transcript
Key Points
- Amadeus Fire AG (WBO:AAD) confirmed its revenue outlook for the year, maintaining a range of EUR 355 million to EUR 385 million.
- The company acquired Masterplan, a corporate e-learning platform, which is expected to enhance its B2B training market presence.
- Despite a challenging market, Amadeus Fire AG remains profitable with a 7% margin in its staffing segment.
- The B2C training segment continues to perform well, showing stability and resilience against economic cycles.
- Cost measures and restructuring efforts are in place to improve efficiency and prepare for future market recovery.
- Revenues are down 18% after nine months, reflecting a challenging economic environment in Germany.
- The operating EBITA has significantly decreased to EUR 10 million from EUR 46.4 million in the previous year.
- The staffing segment continues to face high pressure with declines in permanent placement, temporary staffing, and interim management services.
- The restructuring program at Comcave resulted in a EUR 5.3 million impact on operating profit, contributing to a decline in operating EBITA.
- The German economy remains stagnant with high unemployment rates, affecting business momentum and investment decisions.
Good morning, ladies and gentlemen, and a warm welcome to today's conference call of the Amadeus FiRe AG following the publication of the Q3 figures of 2025. I am delighted to welcome the CEO Robert von Wulfing, who will speak in a moment and who will guide us through the presentation and the results.
(Operator Instructions)
So let us dive into the numbers. Robert von Wulfing, this stage is yours.
Thank you very much. And also, from my side of warm welcome to everybody, to have a look at our development in Q3. I would like to start with some general remarks regarding the German economy to give a brief overview describing the situation where we are in compared to, well, also the last calls and meetings we had the situation in Germany, I would say is basically unchanged. It is still a challenging situation in 2025 if you are running a business in Germany, so the macroeconomic indicators remain well at a low level.
The long-lasting stagnation or recession we have in Germany
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