Amadeus Fire Group Maintains Course in Challenging Market

Amadeus Fire Group, even in a challenging market environment, upholds its business performance in the Personnel Services and Training sectors. Despite the weak economic outlook in Germany, the group's strategic moves, including acquiring 100% of Masterplan.com GmbH, highlight its commitment to digital education and growth in the B2B market.

After nine months, the group reported a significant drop in revenue to €277.2 million, down 17.9% from the previous year. Operating gross profit decreased by 22.5%, and the operating EBITA declined by 79.1% to €9.7 million. The group initiated restructuring at Comcave to ensure competitiveness, impacting operating profit by €5.3 million.

Challenges persist in the Personnel Services segment, with continued revenue decline, while the Training segment sees slightly more stability. Despite a competitive environment, strategic investments and rigorous cost management aim to foster long-term growth.