Amadeus Fire Group Q1 2025 Financial Performance and Outlook

Amadeus Fire Group has disclosed its Q1 2025 financial results, confirming the forecast for the year ahead. The group began the year with weak results due to a challenging market and high uncertainty in Germany. Revenue in Q1 2025 stood at €98.2 million, 14.5% lower than the previous year. The operating gross profit margin decreased slightly to 52.0%, down from 54.6% in 2024. Meanwhile, operating EBITA dropped by about 70% to €4.3 million compared to the previous year's €14.4 million.

The Personnel Services segment saw a revenue decline of 19.4% compared to 2024. This was due to economic uncertainties impacting the temporary staffing and permanent placement markets, although the Interim and Project Management services remained stable. Segment EBITA fell to €2.7 million, aligning with expectations.

The Training segment's revenue also decreased by 6.5%. This decrease was despite improvements in privately funded training, as publicly funded training faced challenges due to restricted visibility and a cautious market. Despite these results, organic growth is expected in the Training segment through digital transformation and expansion of training concepts.