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Amadeus Announces €487m Profit in 2011

Amadeus Announces €487m Profit in 2011

Amadeus has announced year-on-year financial and operating results for the full year of 2011. Adjusted profit increased 20.7% to reach €487.2 million. This was backed by growth in like-for-like revenue of 5.8% to €2,712.0 million and a 6.4% improvement in EBITDA to €1,039.0 million. The total billable travel transactions processed increased by 11.5% to reach 947.6 million in 2011, rising from 849.9 million in 2010. The global market share of travel agency air bookings increased by 1.0 percentage point to 37.7%.

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NEIL STEEDMAN has been a trade journalist, editor and proofreader for 53 years, and ITTN's News & Features Editor for 43 years. His travel blog is at www.thetravelbuddhist.com.

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