German staffing firm Amadeus FiRe (AAD: GR) reported revenue for the full year 2016 of €173.3 million, an increase of 2.1% when compared to €169.7 million the previous year.

The group’s results were in line with its preliminary results published last month. Sales improved in permanent placement, interim and project management and training, while temporary staffing saw a decrease.

The gross profit margin rose from 42.9% to 43.8% due to an increasing share in sales of the higher-margin services of permanent placement and training. EBITA margin improved to 17.3% (prior year 16.9%).

The firm states that 2016 was the most successful year in the history of the Amadeus FiRe group.

As of last trade Amadeus FiRe traded at €76.88, down 0.16% on the day and 1.66% below its 52-week high of €78.18, set on 3 March 2017. Based on its current share price the company has a market value of €400.26 million.