FRANKFURT (dpa-AFX) - The personnel services provider Amadeus Fire has missed its profit target for 2023 due to a special write-down and a high sickness rate. Operating earnings before interest, taxes and goodwill amortization (Ebita) rose by 3.5 percent last year, which was below the planned growth, the company announced on Wednesday on the basis of preliminary figures. In absolute terms, the figure reached 70.4 million euros with an increase in consolidated turnover of 8.7 percent to 442.4 million euros. However, both are record figures. According to a trader, turnover is slightly above the average analyst estimate, while profit is slightly below. The shares lost 2.5 percent in pre-market trading on Tradegate compared to the Xetra closing price on Tuesday.

The SDax company also reported that the operating result in the Training segment almost doubled. In the Personnel Services segment, however, operating profit fell, partly because the fourth quarter in particular was characterized by an extraordinarily high sickness rate. The final results for 2023 and an outlook for the new year will be published on March 19./mis/stk