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Travelport Ltd revenue down 1%, net loss also widens in 1Q2011

16-May-2011 11:45 AM

Travelport Ltd revenue down 1% - financial highlights for the three months ended 31-Mar-2011:

  • Revenue: USD531 million, -1% year-on-year;
  • Operating profit: USD79 million, +10%;
  • EBITDA: USD135 million, +13%;
  • Adjusted EBITDA: USD147 million, +4%;
  • Net profit (loss): (USD23 million), compared with a loss of USD21 million in p-c-p;
  • Total assets: USD4626 million, +2.8% when compared with the period ended 31-Dec-2010;
  • Cash and cash equivalents: USD174 million, +85.1% when compared with the period ended 31-Dec-2010;
  • Total liabilities: USD5290 million, +2.3% when compared with the period ended 31-Dec-2010. [more]