Permanent placement, interim management and training: that’s the Amadeus Fire Group. The German government also has new personnel, including possibly one or two skilled workers – in a country that is still suffering from a shortage of skilled labour. CEO and CFO Robert von Wülfing hopes that the economy’s reluctance to invest will come to an end. He also sees opportunities for his company in AI: ‘Working life will change. But I don’t believe that many roles and activities will disappear.’ Amadeus Fire uses digital technology for data processing and personalised training and recorded the peak of its IT investment cycle in 2024 with over €30 million. Q1 figures 2025: Revenue down 14.5 percent to 98.2 million, EBITA drop of around 70 percent to 4.3 million, earnings after tax of € 1.6 million.

Exclusive Insights from Jörg Peters

In this exclusive investor deep dive, Jörg Peters addresses the most commonly asked questions by financial analysts and institutional investors. The video in English explores the current performance, strategic direction, challenges in the Personnel Services and Training segments, and the long-term vision driving value creation of the Amadeus Fire Group.

‘I consider myself a permanent fixture in turbulent times,’ says Amadeus Fire CEO Robert von Wülfing about his contract extension until 2030. His share purchase (400 shares) underlines his belief in the future of Amadeus Fire. The economic situation remains tight, but von Wülfing recognises an opportunity in specialisation: ‘The demand for special skills is driving temporary staffing. The company has adapted flexibly to the changes in the personnel market. Temporary staffing, permanent placement, interim management and training form the stable business model. Training in particular is growing strongly. ‘Our customers invest in future skills.’ Recruitment remains high-margin, interim management is gaining in importance. Despite a reduced dividend, the payout policy remains constant. Von Wülfing does not anticipate a strong upturn in 2025, but is focussing on new technologies. ‘We will remain active in order to be competitive.’ He is also keeping a close eye on political developments in the training sector.