Amadeus FiRe

Amadeus FiRe reports for H1 2026 a revenue decline to EUR 171.7m (-8%) and an operating EBITA of EUR 3.5m (-45%); net result showed a loss of EUR 3.6m versus a profit in the prior year. The company trims its annual forecast to revenue of EUR 350–365m and operating EBITA of EUR 17–23m. The training segment improved and returned to profitability, while permanent placement weakened significantly. Management expects a slight recovery in the second half supported by more working days, stronger seasonality and cost discipline. » Altro su de.investing.com

Amadeus Fire has revised its 2026 forecast downward and now expects revenue of €350–365 million and an operating EBITA of €17–23 million, citing persistently weak demand in the German staffing services market. In the first half of 2026, revenue fell to €171.7 million (-8.0%) and operating EBITA dropped to €3.5 million (-45.8%), with the EBITA margin declining to 2.0%. The staffing services segment saw significant declines, while the training segment increased both revenue and EBITA. For H2 the company expects a gradual stabilization of revenue trends and improved profitability. » Altro su de.investing.com

Amadeus Fire's share price rose 5.7% to €25.85 as investors positioned themselves ahead of the publication of the consolidated half-year report on August 3. Drivers include speculation of a beginning earnings recovery, the gap to analysts' price target of €80, and constructive insider buying. One analyst points to expiring restructuring charges of around €6m as a lever for improved profitability, even though a significant operational recovery is not expected until 2027. However, the stock remains well below its 52-week and historical highs, and the half-year report is seen as the next decisive test. » Altro su de.investing.com