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Amadeus – Double-digit H1 growth driven by business resilience and TravelClick consolidation

August 1, 2019 Business News No Comments Email Email

Amadeus IT Group S.A maintained its positive growth trend in the first six months of 2019, thanks to the solid operating performances of its Distribution and IT Solutions businesses, the consolidation of TravelClick (since October 4, 2018) and a positive foreign exchange impact. http://www.tourismlegal.com.au/These drove double-digit growth in revenue and EBITDA, while adjusted profit[1] increased 9.9% to €666.7 million, compared to the same period of 2018.

First half highlights (six months ended June 30, 2019)

–   Revenue increased 14.4%[2], to €2,833.6 million

–   EBITDA expanded 10.7%2, to €1,193.4 million

–   In the Distribution segment, travel agency air bookings grew 0.9% to 307.8 million

–   In IT Solutions, Passengers Boarded increased 6.6% to 947.0 million

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