Loading
11-Nov-2011 11:38 AM

Amadeus IT Holding profits up in 3Q2011

Amadeus IT Holding revenue up 3% - financial highlights for three months ended 30-Sep-2011:

  • Revenue from continuing operations: EUR670.8 million, +3.3% year-on-year;
    • Distribution: EUR508.8 million, +3.4%;
    • IT: EUR162.0 million, +3.0%;
  • EBITDA from continuing operations: EUR263.5 million, +6.0%;
  • Adjusted profit from continuing operations: EUR136.8 million, +36.6%;
  • Capital expenditure: EUR59.7 million, -9.4%;
  • Total bookings: 112.1 million, +5.3%;

Amadeus: “During the first nine months, in Distribution our global market share of air travel agency bookings increased by 0.9 percentage points and air travel agency bookings increased by 4.8%, whilst in IT Solutions the number of Passengers Boarded increased by 21.0% to 327.5 million - we now expect our annual Passengers Boarded to be more than 725 million by 2014,” Luis Maroto, President & CEO. Source: Amadeus, 10-Nov-2011.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More