EQS-News

Final figures of the fiscal year 2023 - Seite 2

While maintaining the current dividend policy of distributing around 67% of net income, the Management Board, in agreement with the Supervisory Board, will propose a 50 cent or 11 percent increase in the dividend to exactly € 5.00 per share at the Annual General Meeting in May 2024.

Outlook and forecast 2024

The economy is expected to recover over the next few months and return to a path of expansion over the course of the first quarter. The labour market should remain stable in 2024 and the high level of employment should be maintained. The shortage of skilled labour will continue to play a leading role and demand for skilled labour will continue to exceed supply in the future.

The focus in the Personnel Services segment in 2024 will be on increasing the organisation's productivity. The market environment is expected to remain stable and revenua and gross profit are expected to rise.

The market environment for the Training segment is expected to be positive. Following the record results achieved in 2023, a further significant increase in revenue with significant investment activities is expected for 2024.

The Amadeus Fire Group's target is to achieve growth in both segments. Revenue of between € 470 million and € 500 million is expected for 2024, with which the Amadeus Fire Group is aiming to reach the strategic milestone of half a billion in revenue. Operating EBITA is expected to increase by 5 to 14 percent to between € 74 and 80 million.

The Amadeus Fire Group's full annual report for 2023 is published at https://group.amadeus-fire.de/en/investor-relations/financial-reports/.

 

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19.03.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
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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:	1861373