Amadeus Fire AG (ISIN: DE0005093108, Prime Standard) held its Annual General Meeting (AGM) on May 28, 2026, in a virtual format, enabling shareholders to participate from any location. The event, broadcast live from Frankfurt/Main, featured a transparent dialogue where the Management Board answered all questions live, providing insights into current business developments and strategic priorities.
All agenda items were approved by overwhelming majorities. Notably, shareholders voted 78.17% in favor of providing new Authorised Capital 2026 of up to 30% of existing share capital over the next five years, replacing the previous Authorised Capital 2021. This approval grants the company financial flexibility to pursue strategic investments. The discharge of the Management Board and Supervisory Board for fiscal year 2025, as well as the remuneration report, received very large majorities. The election of the auditor for 2026 and the auditor for sustainability reporting also met broad approval, along with the election and re-election of shareholder representatives to the Supervisory Board for the next three years.
In light of a negative consolidated result, the Management Board and Supervisory Board proposed not to pay a dividend and to carry forward the net retained profit of Amadeus Fire AG under German GAAP (HGB) to new account. This proposal was approved by nearly 100% (99.88%) of shareholders. The strong shareholder support reflects confidence in the company's management and corporate governance, even in economically turbulent times.
Despite a challenging economic environment, the Amadeus Fire Group remains on track in the first quarter of 2026. The company continues to invest selectively in digital transformation, particularly in modern learning platforms and IT infrastructure, to strengthen the Group-wide 'Corporate AI Learning' initiative. These investments are intended to provide a basis for sustainable growth and enhance competitiveness in a changing market. The Management Board reaffirmed the guidance for fiscal year 2026, expecting consolidated revenue between EUR 362 million and EUR 394 million and operating EBITA between EUR 20 million and EUR 31 million. Explanations of alternative performance measures are available in the Annual Report 2025.
The approval of the new Authorised Capital 2026 is a key strategic move, enabling the company to raise funds for future investments without needing further shareholder approval for each issuance. This is particularly important as Amadeus Fire navigates a difficult economic landscape while doubling down on AI and digital learning initiatives. For business leaders, this signals the company's commitment to long-term growth through technology, potentially impacting the competitive dynamics in Germany's personnel services and professional training sectors.
For more information, visit the Amadeus Fire Group website at https://group.amadeus-fire.de/en/.
