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Amadeus H1 2019 financial results

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Leading travel technology provider, Amadeus, today released its H1 2019 highlights with an adjusted profit of €666.7 million. This represents a revenue increase of 14.4% to €2,833.6 million while EBITDA increased 10.7%  to €1,193.4 million.

The positive performance of the first six months was mainly attributed 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.

Key H1 highlights:

  • Revenue increased 14.4%, to €2,833.6 million vs €2,447.0 million in H1 2018
  • EBITDA grew 10.7%, to €1,193.4 million vs €1,078.2 million in H1 2018
  • Total travel agency air bookings grew 0.9% to 307.8 million vs 305.1 million in H1 2018
  • Passengers Boarded increased 6.6% to 947.0 million vs 888.8 million in H1 2018
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