Amadeus first half 2012 results – at-a-glance summary

Amadeus released its first half 2012 results today. A quick overview is as follows:

H1 2012

  • Net revenue – Euro 1,508.9 million (up from Euro 1,389.0 million y/y).
  • Adjusted profit – Euro 332.5 million (up from Euro 263.7 million y/y).
  • Adjusted EBITDA – Euro 606.9 million (up from Euro 572.1 million y/y).

Distribution revenue:

H1 2012:

  • Euro 1,157.4 million (up from Euro 1,079.6 million y/y).

IT revenue

H1 2012:

  • Euro 351.4 million (up from Euro 309.4 million y/y)

President and CEO Luis Maroto says:

“Despite the ongoing challenges of the global economic environment, this has been a successful first half of the year and we have continued our growth record.

“Once again this sustained improved performance was underpinned by growth across both our businesses: Distribution’s revenue increased 7.2%, backed by a 1.0 p.p. expansion of global market share; whilst IT Solutions’ revenue rose 13.6%, supported by a
27% growth in passengers boarded.

“The global economic outlook remains uncertain, and air traffic and GDS volumes have shown weakness in recent months, driven by the economic environment. Nonetheless, we believe that our business model will continue to prove resilient and support good results for the second half of this year.”

Related posts:

  1. Amadeus first quarter 2012 results – at-a-glance summary
  2. Amadeus fourth quarter and full-year 2011 results – at-a-glance summary
  3. Amadeus third quarter 2011 results – at-a-glance summary
Kevin May About Kevin May

Kevin May is editor of Tnooz. He joined as a co-founder in August 2009 after spending nearly four years as editor of UK-based business publication Travolution.

Passionate about the business of travel and the internet, Kevin played a major role in establishing Travolution in print, online, events and with an annual awards programme, as well as becoming a regular speaker and moderator at industry events.

Prior to Travolution, Kevin was web editor at Media Week (UK) and also worked in regional newspapers for two years at the Essex Enquirer. He started his career in journalism at the Police Gazette at New Scotland Yard in London.

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