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Your email address will not be published.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 50 years, and News & Features Editor for ‘Irish Travel Trade News’ for the past 40 years.

More in News

Cork Airport HappyOrNot

Cork Airport One of the Friendliest Airports In the World

Neil SteedmanDecember 16, 2017
IMG_4506

Spanish Tourist Office Celebrates ‘Christmas in Spain’

Ian BloomfieldDecember 15, 2017
SVP GiveAFiver

#5GiveAFiver Campaign Returns to Help Homeless Families

Neil SteedmanDecember 15, 2017
Aer Lingus Dublin-Philadelphia

Aer Lingus Adds Two A330s to North Atlantic Fleet, Increases Philadelphia to Daily Service

Neil SteedmanDecember 15, 2017
Emirates Brunch

Emirates Carries Two-Millionth Passenger on Dublin-Dubai

Neil SteedmanDecember 14, 2017
Air Transat Toronto Christmas Market

Christmas and New Year in Toronto with Air Transat Festive Flight from Dublin

Neil SteedmanDecember 14, 2017
Dublin Airport South Gates 1

Dublin Airport Opens New Boarding Gate Area

Neil SteedmanDecember 14, 2017
Job Opportunities

Job Opportunities at Camino Ways and Click&Go

Neil SteedmanDecember 14, 2017
Travelport Julian Eccles

Travelport Achieves IATA NDC Level 3 Certification

Neil SteedmanDecember 14, 2017

Copyright © 2016 Belgrave Group Limited, C4 Nutgrove Office Park, Nutgrove Avenue, Rathfarnham, Dublin 14, Ireland