Amadeus reports its financial and operating results for the new fiscal year
MADRID (Amadeus) - Amadeus has today filed with the Spanish Stock Market Regulator (CNMV) its consolidated financial statements, based on International Financial Reporting Standards (IFRS), for its new fiscal year which closed on 31 July 2005.
Amadeus' new fiscal year, which begins on 1 August and ends on 31 July, was approved at the Extraordinary Shareholders Meeting and filed with the CNMV on 21 July. Due to this change, and in accordance with the specific quarterly and half-yearly reporting and approved by the CNMV on 23 August, the company today files its consolidated financial statements for the seven-month period which closed on 31 July 2005 and gives comparisons with the same period in 2004.
The highlights of this period are as follows:
Financial highlights for the seven-month period ended 31 July 2005:
Total revenues were EUR 1,406.3 million, an increase of 15.9% compared with the same period in 2004. Revenues from bookings increased by 10.1% to EUR 1,006.7 million. Non-booking related revenues grew by 33.8% to EUR 399.5 million.
EBITDA rose by 4.3% to EUR 373.1 million.
Net income was EUR 165 million, an increase of 15.7% over the same period in 2004.
** Based on International Financial Reporting Standards (IFRS).
*EBITDA = operating income + operating depreciation and amortisation