Amadeus Fire Group expects to close the first half of 2025 with revenue and earnings below its own expectations and forecast. There has been no stabilization at a low level in personnel services and the negative trend in the number of participants in publicly funded training has increased.
Preliminary group revenue was around 186.6 million euros in the first half of 2025 down from 226.1 million euros last year. Group operating EBITA was around 6.4 million euros compared to 28.9 million euros in the prior year.
Amadeus Fire Group now expects adjusted Group revenue for the 2025 financial year to be between 355 million euros and 385 million euros, down from an earlier forecast of between 387 million euros and 417 million euros. This represents a decrease of approximately 15 percent compared to the previous year's revenue, which amounted to 436.9 million euros in 2024.
The company currently anticipates Group operating EBITA for the full year 2025 to range from 15 million euros to 25 million euros. This is a sharp decline compared to the 55.5 million euros achieved in 2024 and falls significantly short of the prior forecast of 36 million euros to 44 million euros.
As a result of the initially persistently challenging market situation in the segments in the second half of 2025, the company sees a relatively broad potential earnings corridor in 2025.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.