Amadeus released results for the first three quarters of 2012 today. A quick overview is as follows:
Top-line – Q1-3 2012:
- Net revenue – Euro 2,233.1 million (up from Euro 2,059.8 million y/y).
- Adjusted profit – Euro 481.3 million (up from Euro 400.6 million y/y).
- Adjusted EBITDA – Euro 889.8 million (up from Euro 835.6 million y/y).
Distribution revenue:
Q1-3 2012:
- Euro 1690.5 million (up from Euro 1,588.4 million y/y).
IT revenue
Q1-3 2012:
- Euro 542.6 million (up from Euro 471.4 million y/y)
President and CEO Luis Maroto says:
“In spite of continued global macro-economic challenges, Amadeus has maintained its growth record during the first nine months of the year, including the third quarter.
“Whilst traffic and GDS volumes have shown some weakness this year, driven by the still uncertain economic environment, we nonetheless believe our geographically diverse business model remains resilient. We confidently await the results for the full financial year.”
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