13-May-2019 12:30 PM
Travelport operating profit up 12% in 1Q2019
Travelport reported (10-May-2019) the following financial highlights for the three months ended 31-Mar-2019:
- Revenue: USD656.5 million, -3.1% year-on-year;
- Travel commerce platform: USD633.1 million, -3.0%;
- Air: 452.7 million, -4.3%;
- Beyond Air: USD180.4 million, +0.4%;
- Technology services: USD23.4 million, -6.8%;
- Operating profit: USD87.3 million, +12.4%;
- Net profit: USD22.4 million, -62.2%;
- Total assets: USD3053 million;
- Cash and cash equivalents: USD247.7 million;
- Total liabilities: USD3175 million. [more - original PR]