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Amadeus

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Amadeus continues growth track record with strong first half

Cristina Fernandez

Director, Investor Relations, Amadeus IT Group

This morning we announced strong financial results for the first half of 2015 that confirmed our track-record of delivering shareholders growth in both revenues and profits.

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These strong results are mostly driven by industry outperformance at the operational level through both market share gains and growth, increasing our share of global travel agency air bookings by 1.9 percentage points and growing the number of Passengers Boarded by 7.8%.

In particular we continued to grow rapidly in regions key to the Amadeus growth strategy, such as Asia and Pacific and North America – both of which, once again, increased as a proportion of revenues.

For the first half of the year revenues are up 14.2% to €1,976.8 million and EBITDA is up 10.8% to €778.8 million. Adjusted profit rose by 10.3% to total €419.6 million.

New Businesses – the part of our company which includes hotels, airports, rail, travel intelligence and payments – continues to go from strength-to-strength with partnerships such as InterContinental Hotels Group .  By leveraging our financial strength we have accelerated our growth further through strategic acquisitions such as AirIT (in Airport IT) and, beyond the close of the financial period, both Navitaire (in Airline IT) and Itesso (in Hotel IT).

In addition to strong financial and operating performance, Amadeus continues to maintain healthy leverage of 1.2x its EBITDA and attractive shareholder remuneration through both our €320 million share buy-back programme and dividends totaling €313.3 million for 2014 (up by 12%).

To find out more detailed information, including the press release and documents filed with the stock exchange, we invite you to visit our Investor Relations website and consider downloading the Amadeus Investor App .


Tags

Financial Results, Investor Relations