News

Amadeus Announces 2012 Full Year Results

Amadeus Announces 2012 Full Year Results

Amadeus has announced year-on-year 2012 highlights of revenue growth of 7.5% to €2,910.3 million, an increase in EBITDA of 6.6% to €1,107.7 million, and an adjusted profit increase of 18.0% to €575.1 million. The company’s global share of travel agency air bookings expanded 0.9 percentage point to 38.6%.

Amadeus Logo

Luis Maroto, President and Chief Executive, said: “Despite another year of global macro-economic challenges, Amadeus’s proven business model and geographically diverse base again allowed us to maintain our growth record and increase our year-on-year revenues by 7.5% to €2,910.3 million, and adjusted profit by 18.0% to €575.1 million.

“This continued success was supported by an improved performance in both our businesses: Distribution, with higher bookings and revenue, and IT Solutions, which raised Passengers Boarded as it continued to migrate existing customers to the Altéa platform.

“2012 has been an outstanding year all round, with a strong financial performance, as well as landmark customer wins such as the Southwest and Expedia contracts in North America.

“In 2013 we are focusing on further consolidating our leading position by evolving our competitive offering, while also selectively investing in growth areas such as IT solutions for airports, hotels and rail providers. We are cautiously optimistic about 2013 and expect revenue and contribution to continue to grow across both businesses, based on our experience and taking into account the resiliency of our business model.”

Click to add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

NEIL STEEDMAN has been a trade journalist, copywriter, editor and proofreader for 52 years, and News & Features Editor for ‘Irish Travel Trade News’ for the past 42 years.

More in News

Celebrity Edge Sets Sail on European Voyages

Michael FloodMay 26, 2019

Emirates Launches App in Arabic

Neil SteedmanMay 26, 2019

CAR Renews Another Travel Agent Licence

Neil SteedmanMay 26, 2019

Royal Caribbean International’s Quantum of the Seas Adds New Homeporting Season in Singapore Until 2021

Neil SteedmanMay 26, 2019

“Hotel Booking Sites Still Using Pressure Selling and Dodgy Discounts” – Which? Travel

Neil SteedmanMay 26, 2019

Aer Lingus All Set to Fly Dublin-Minneapolis/St Paul

Michael FloodMay 23, 2019

Amadeus Boosts Accommodation Content by 30% with Booking.com Partnership

Neil SteedmanMay 23, 2019

Las Vegas to Get New Non-Stop Service from Paris with LEVEL Airlines

Neil SteedmanMay 23, 2019

ITTN’s Great Value Travel Deals – 23rd May 2019

Neil SteedmanMay 23, 2019

Copyright © 2019 Belgrave Group Limited, C4 Nutgrove Office Park, Nutgrove Avenue, Rathfarnham, Dublin 14, Ireland