Americas boosts Amadeus 2013 figures
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Amadeus has posted a 7.8% increase in adjusted profit in its 2013 results compared to 2012.
The Madrid-based firm registered in at EUR619.5m (GBP510m) while its revenue went up 6.6% to GBP2.5m.
Air travel agency bookings went up 6.5% to 443.4m, driven predominantly by the Americas markets.
Its net debt dropped GBP237m to GBP997m.
“Amadeus has maintained its record of delivering success both in revenues and profitability. Our transaction-based business model has continued to be resilient in the face of industry challenges, while our investment in R&D, which drives product evolution and portfolio expansion, has contributed to our continued growth,” said Luis Maroto, president and CEO of Amadeus. “Even in the context of slow growth in the wider market, Amadeus continued to outperform the travel distribution industry and reinforce its leading position in the air distribution segment, with a market share increase to 40.1% in total air travel agency bookings.”
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