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Amadeus Fire AG H1 2026: Key Takeaways In this financial results presentation on seat11a, Jörg Peters, Head of Investor Relations at Amadeus Fire AG, presents the company’s Q2 and First Half 2026 Financial Results and discusses developments across its Personnel Services and Training segments. Q2 and First Half 2026 Financial Performance The first half of 2026 remained challenging for Amadeus Fire as Germany’s weak economic environment continued to impact recruitment activity and corporate hiring decisions. Group revenue declined by 8.0% to €171.7 million, while operating EBITA decreased to €3.5 million and net income amounted to €-3.6 million. Personnel Services continued to face weaker demand, particularly in permanent placement, while the Training segment once again demonstrated resilience through higher revenues and improved profitability. Personnel Services and Training Segment Developments Within Personnel Services, companies remained cautious regarding recruitment due to economic uncertainty, delayed investment decisions, and a weaker labour market. Seasonal effects and lower permanent placement activity further affected profitability during the second quarter. At the same time, the Training segment benefited from continued demand for vocational education, public training programmes, and corporate learning solutions, with acquisitions contributing additional revenue growth. AI First Strategy and Digital Transformation A central topic of the presentation is the company’s strategic AI First approach. Amadeus Fire continues to integrate artificial intelligence into recruitment, training, knowledge management, onboarding, and corporate learning through AI-powered platforms, Agentic AI services, and scalable SaaS solutions. Management sees AI as an important driver for increasing productivity, strengthening customer relationships, and expanding digital education offerings. Updated FY 2026 Guidance and Long-Term Positioning Following the weaker second quarter, management revised its FY 2026 guidance and now expects revenue between €350 million and €365 million and operating EBITA between €17 million and €23 million. The company continues to focus on productivity improvements, cost discipline, digital transformation, and AI-supported solutions while positioning itself to benefit from Germany’s long-term structural shortage of skilled labour. ▶️ Other videos: Elevator Pitch: https://seat11a.com/investor-relations-elevator-pitch/ Company Presentation: https://seat11a.com/investor-relations-company-presentation/ Deep Dive Presentation: https://seat11a.com/investor-relations-deep-dive/ Financial Results Presentation: https://seat11a.com/investor-relations-financial-results/ ESG Presentation: https://seat11a.com/investor-relations-esg/ 00:00 Amadeus Fire AG 01:08 Development of the real Gross Domestic Product (GDP) 02:30 Highlights at a glance of Q2/2026 05:05 Business development – First half 2026 06:44 Personnel Services segment 07:42 Business development – First half 2026 09:19 Delimitation of training markets 10:13 Business development – First half 2026 12:01 People always come first 12:59 Outlook FY 2026e 14:00 Business development – Adjusted Outlook FY 2026e T&C This publication is for informational purposes only and does not constitute investment advice. Using this website, you agree to our terms and conditions outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

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