Amadeus Fire Ag · XETR:AAD
Amadeus Fire — Q3 2024 Earnings Presentation
22 slides from Amadeus Fire's earnings presentation, Oct 24, 2024
Slide 1: Interim Statement Q3/9M 2024 Conference Call Presentation
Interim Statement Q3/9M 2024 Conference Call Presentation 24th October 2024 Amadeus Fire Group | Group presentation 1
Slide 2: Focused specialist provider in Germany
Focused specialist provider in Germany Group Commercial and IT Personnel Services Training • Specialist for white collar • Training and retraining in the professionals focusing on the fields of commercial and IT commercial and IT sectors qualifications • Temporary staffing, • Publicly funded trainin
Slide 3: Revenue per segment and service
Revenue per segment and service Group Revenue and gross profit nine months 2024 Development of revenue Personnel Services segment Training segment before integration Training segment 283 289 Temporary 22% Personnel Services 37% placement 244 segment 207 209 Permanent 31% 191 placement 17% Interim- a
Slide 4: Business development – third quarter 2024
Business development – third quarter 2024 Group (in € million) Operating gross profit and Operating EBITA* and Net result Group revenue oper. gross profit margin oper. EBITA* margin for the period 56.7% 55.1% 18.8% 15.7% -2.7% -5.4 % 114.7 -18.8% 111.6 -25.7% 65.0 61.5 21.6 17.6 12.8 9.5 Q3 2023 Q3
Slide 5: Business development – first nine months 2024
Business development – first nine months 2024 Group (in € million) Operating gross profit and Operating EBITA* and Net result Group revenue oper. gross profit margin oper. EBITA* margin for the period 55.3% 54.6% +1.9% 16.4% 13.8% +0.6 % 331.5 337.7 183.4 184.5 -14.8% -19.5% 54.5 46.4 32.7 26.4 1-9
Slide 6: Personnel Services segment
Personnel Services segment Amadeus Fire Group | Group presentation 6
Slide 7: Quarterly development of services
Quarterly development of services Personnel Services segment Revenue development over the prior-year quarter 9M Revenue and gross profit of services (in € million) Temporary staffing Permanent placement Interim and project management Temporary staffing 40.1 124.5 • Decline in companies' willingness
Slide 8: Business development – third quarter 2024
Business development – third quarter 2024 Personnel Services segment (in € million) Operating gross profit and Operating EBITA* and Revenue oper. gross profit margin oper. EBITA* margin 53.4% 51.9% 21.5% 18.1% -9.3% -11.9% 75.8 68.8 16.3 -23.3% 12.5 40.5 35.7 Q3 2023 Q3 2024 Q3 2023 Q3 2024 Q3 2023
Slide 9: Business development – first nine months 2024
Business development – first nine months 2024 Personnel Services segment (in € million) Operating gross profit and Operating EBITA* and Revenue oper. gross profit margin oper. EBITA* margin 51.6% 49.9% 17.7% -4.3% 13.9% -7.4% 218.2 208.9 38.7 -24.7% 112.6 104.3 29.1 1-9 2023 1-9 2024 1-9 2023 1-9 20
Slide 10: Training segment
Training segment Amadeus Fire Group | Group presentation 10
Slide 11: Business development – third quarter 2024
Business development – third quarter 2024 Training segment (in € million) Operating gross profit and Operating EBITA* and Revenue oper. gross profit margin oper. EBITA* margin 13.7% 63.1% 11.8% 60.3% +10.2% +5.2% 39.0 43.0 -5.2% 25.9 5.4 5.1 24.6 Q3 2023 Q3 2024 Q3 2023 Q3 2024 Q3 2023 Q3 2024 • Mea
Slide 12: Business development – first nine months 2024
Business development – first nine months 2024 Training segment (in € million) Operating gross profit and Operating EBITA* and Revenue oper. gross profit margin oper. EBITA* margin 13.9% 13.4% +13.6% 62.6% 62.3% +13.0% 113.7 129.1 +9.6% 71.2 80.4 15.8 17.3 1-9 2023 1-9 2024 1-9 2023 1-9 2024 1-9 2023
Slide 13: Business model, strategy & outlook
Business model, strategy & outlook Amadeus Fire Group | Group presentation 13
Slide 14: Value drivers of the business model
Value drivers of the business model Group Market for Personnel Services & Training Amadeus Fire Group • Highly competitive pressure, strictly regulated markets • Unique portfolio that comprehensively solves in Germany HR requirements in the administrative sector • Limited human resources in Germany
Slide 15: Strategic direction
Strategic direction Group Excellence & speed Professional partner for life Steady expansion Best marketplace for Establish lifelong partnership Expanding a strong and less specialised HR services in with clients, employees, vulnerable market position commercial and IT sectors candidates and particip
Slide 16: Outlook
Outlook Group Personnel Services segment Training segment Group Shortfall of the set average segment Accelerated growth is limited due to As a result of the persistently targets and missing the prior year's burdened demand for publicly funded challenging economic situation, result. training (B2G) in
Slide 17: Key points of the long-term strategic plan
Key points of the long-term strategic plan Group > 5,000 Employees > € 500 million Revenue > € 100 million Operating EBITA* Amadeus Fire Group | Group presentation 17
Slide 18: Dividend policy
Dividend policy Amadeus Fire Group | Group presentation 18
Slide 19: Dividend policy
Dividend policy Group Overview of dividend payments (in € per share) 5,50 +11% As a consequence of the acquisition 5.00 5,00 of Comcave and the corona pandemic, 4.66 4.50 4,50 the dividend was suspended in 2019 3.96 4,00 after years of full distribution, 3.66 3.53 3,50 3.37 followed by a payout rati
Slide 20: Investor Relations
Investor Relations Amadeus Fire Group | Group presentation 20
Slide 21: Investor Relations
Investor Relations Group Amadeus Fire share Financial calendar ISIN DE0005093108 28 Oct 2024 Roadshow with Warburg Research Ticker symbol AAD in Frankfurt/Main Free Float >90% (as defined by Deutsche Börse AG) 30 Oct 2024 Roadshow with Warburg Research Segment SDAX (Prime Standard) in London Number
Slide 22: Definition operating EBITA and Legal Disclaimer
* Definition operating EBITA at Amadeus Fire Group: Profit from operations before goodwill impairment and amortisation of intangible assets from the purchase price allocation / as well as before effects from the measurement of the purchase price liability of the non- controlling shareholders in Amad