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Amadeus maintains track record of growth with strong performance in 2014

Amadeus IT Holding, S.A., a leading technology partner for the global travel industry, reports year-on-year financial and operating results for the full year of  2014 (twelve months ended December 31, 2014). Adjusted profit for the period, including M&A activities, grew 9.9% to €681.1 million. This was backed by an increase in revenue of 10.1%, to €3,417.7 million, and EBITDA growth of 9.9%, to €1,306.0 million.

Luis Maroto, President & CEO of Amadeus, commented: “Amadeus’ results and focus clearly indicate that we remain a trusted partner at the heart of the travel industry. Our core businesses continued to showcase strength, with market share gains in Distribution especially in North America and Asia-Pacific. Our long-term commitment to low-cost and hybrid carriers gained further momentum, with a 16% booking increase year-on-year and a landmark partnership with Ryanair.  

“Asia-Pacific continued to be the main driver of growth for IT Solutions, supported by the migration of Korean Air later in the year. This will expand further with the scheduled migration of a number of Asian carriers in the coming years, such as Japan Airlines and the international passengers business of All Nippon Airways. Our continued efforts and focus on North America led to the groundbreaking Southwest Airlines domestic contract. We now expect annual contracted PBs of close to one billion by 2017, an increase of 44% over 2014.  

“Furthermore, our recent strategic acquisitions – Newmarket International in the hotel IT space, UFIS in the airport IT business and i:FAO in the corporate travel IT segment – are already contributing positively.  

“I am confident that in 2015, our people, our technology and the strength and resilience of our business model will allow us to make further progress and we expect continued growth for our core businesses.”

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