Amadeus maintained strong monetary development in 2018, reporting a 6.6 per cent improve in income to €4,944 million for the 12 months.
The determine was supported by the working efficiency of each its distribution and IT options companies, in addition to the acquisition and consolidation of the TravelClick enterprise from October.
EBITDA on the tech big grew 9.7 per cent to €2,041 million within the 12 months to December 31st.
Luis Maroto, president and chief govt of Amadeus, commented: “Amadeus maintained its lengthy monitor file of income and profitability development in 2018. “Our diversification efforts, together with the broadening of our hospitality providing by way of the acquisition of TravelClick, additionally supported our development.
“Operationally, we now have made good progress, sustaining a gentle circulate of recent buyer signatures and implementations in Airline IT.
“Now we have additionally continued to broaden content material for our subscribers with 50 new contracts or renewals of distribution agreements in 2018.”
Within the distribution section, journey company air bookings grew 2.1 per cent to €580 million.
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