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Amadeus Fire AG seat11a · investor briefing

Amadeus Fire AG Elevator Pitch | Shaping Germany’s HR, Staffing & Training Future

Germany, SDAX October 8, 2025 13:29 Investor Relations
Amadeus Fire AG
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Amadeus Fire AG Elevator Pitch: Key Takeaways

Amadeus Fire AG – Elevator Pitch by CEO Robert von Wuelfing

In this special elevator pitch, Robert von Wuelfing, CEO of Amadeus Fire AG, offers a dynamic, high-level walkthrough of one of Germany’s most respected players in white-collar staffing and vocational education.

Based in Frankfurt and operating nationwide, Amadeus Fire stands out in the German HR market with its distinctive blend of personnel services and advanced professional training. This unique approach is perfectly aligned with the long-term labour market trends, making us a force to be reckoned with.

A Company That Connects People and Skills

At its core, Amadeus Fire is a platform for qualifications. The group not only matches highly qualified candidates with companies across Germany but also offers training and upskilling services under leading educational brands. This dual structure is our competitive edge, as it addresses both the supply and demand sides of skills.

As Robert explains, “We are a career-long partner—for professionals and companies alike.” Whether a CFO needs a top finance interim, a job seeker requires retraining, or an IT team requires niche support, Amadeus Fire delivers.

Business Structure: Dual Engines Driving Sustainable Growth

1. Staffing (ca. 60% of revenue)

  • Focus: White-collar roles in finance, accounting, HR, IT, and procurement
  • Services:
    • Permanent Placement – now the largest profit contributor
    • Interim Management – freelance specialists on demand
    • Temporary Staffing – employees on Amadeus payroll deployed to client projects
  • Network: 22 offices across Germany

2. Training (ca. 40% of revenue)

  • Brands: Comcave, GFN, Steuer-Fachschule Dr Endriss, and others
  • Markets Served:
    • Publicly funded (B2G): Retraining and reskilling unemployed workers
    • Corporate (B2B): Customised upskilling programs for enterprises
    • Private (B2C): Individual learners looking to upskill or switch careers

The complementary nature of both segments creates a robust, counter-cyclical business model. This design ensures that Amadeus Fire is highly resilient to economic swings, providing our clients and partners with a sense of stability and confidence in our services.

Market Drivers: Scarcity, Skills, and Demographics

Robert von Wuelfing lays out a compelling case: Germany is facing a long-term talent shortage. The baby boomer generation is retiring—reducing the workforce by 1% per year over the next decade—and there aren’t enough skilled replacements.

Amadeus Fire is positioned perfectly to help solve this challenge.

Whether it’s a corporation seeking urgently needed IT professionals or a displaced worker requiring retraining, Amadeus Fire offers scalable, targeted solutions through its talent ecosystem.

Strategic Positioning: Leadership with a Long View

With a strong brand, trusted market reputation, and a clear strategic direction, Amadeus Fire pursues:

  • Organic growth in both staffing and training
  • Inorganic expansion via acquisitions (e.g., Masterplan.com in 2025)
  • Digital transformation, especially in AI-first training environments
  • Ecosystem building that integrates staffing + training + digital platforms

In the finance and accounting segment, where Amadeus Fire is a market leader, the company continues to win market share through speed, quality, and deep customer relationships. The group has also made significant progress expanding into IT recruitment and corporate training, leveraging tech-driven learning systems to stay ahead of the curve.

Financials: Scalable, High-Margin, Recurring

Amadeus Fire maintains one of the highest EBIT margins in the HR industry, thanks to:

  • Niche focus in high-demand roles
  • Loyal client base (thousands of customers, no overreliance on any single one)
  • Recurring training revenues, supported by public funding and corporate partnerships
  • Scalable e-learning solutions and digital certifications

In 2024, the group achieved over € 400 million in revenue, maintaining a healthy balance between flexible services and fixed income streams. In 2025, the dividend remained attractive at €4.03 per share, underlining Amadeus Fire’s consistent shareholder returns.

ESG & Culture: People at the Centre

With over 1,000 employees, a gender-balanced leadership team, and a deep commitment to education, equality, and sustainability, Amadeus Fire is more than just a business—it’s a people-first platform.

The group invests heavily in:

  • Mental health & well-being
  • Employee ownership and engagement
  • Diversity & inclusion
  • Long-term partnerships with social causes and educational bodies

Its low dependency on economic cycles—thanks to the mix of B2G and B2B training—also makes it a stable, purpose-driven company in uncertain times.

Outlook: Building a Marketplace Around Skills

Looking forward, Amadeus Fire’s ambition is to become the leading digital marketplace for professional qualifications in Germany. With a focus on high-demand roles in finance, compliance, technology, and administration, the group plans to expand both its training and staffing ecosystems, bringing the two even closer together.

Robert closes the pitch with a strong message:
“It’s not just about finding a job. It’s about staying relevant, growing your career, and helping companies thrive in a world of constant change. Amadeus Fire is your long-term partner for both.”

If you’re an investor seeking scalable growth, a company searching for talent, or a professional ready to level up—Amadeus Fire offers the full journey.

Questions
  • Focused specialist provider in Germany
  • Revenue per segment and service
  • Value drivers of the business model
  • Strategic direction
  • Low dependence on industries or single corporate customers
  • Delimitation of training markets
  • Training segment offerings
  • Mid-term strategic orientation
Resources
Host
afg ceo - Amadeus Fire AG Elevator Pitch | Shaping Germany’s HR, Staffing & Training Future - seat11a

Robert von Wuelfing
CEO | Amadeus Fire AG

IMG 20250415 WA0011 - Amadeus Fire AG Elevator Pitch | Shaping Germany’s HR, Staffing & Training Future - seat11a

Joerg Peters
Head of Investor Relations | Amadeus Fire AG

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