Report
Nicolas David ...
  • Yan Derocles

Amadeus IT Group : Résultats T3 2020 en ligne. Visibilité limitée et consensus 2021 trop élevé

>CA T3 en baisse de 70%, en ligne avec les attentes - Amadeus a publié vendredi matin un CA T3 2020 de 419M€, en baisse de 70%, globalement en ligne avec les attentes (Css : 401 M€ ; ODDO BHF : 440 M€). Ce chiffre reflète une baisse de 85% de l’activité Distribution en ligne avec les attentes. Comme prévu, le marché GDS sous-performe le trafic aérien (-76% au T3 en recovery par rapport à 89% au T2 en RPK), et ce, en raison i/ d’une hausse y/y des annulations (même si ...
Underlying
Amadeus IT Group SA Class A

Amadeus is a transaction processor for the global travel and tourism industry. Co. provides transaction processing power and technology solutions to both travel providers (including full service carriers and low-cost airlines, hotels, rail operators, cruise and ferry operators, car rental companies and tour operators) and travel agencies (both online and offline). Co. acts both as a worldwide network connecting travel providers and travel agencies through a processing platform for the distribution of travel products and services (through the Distribution business), and as a provider of a portfolio of IT solutions which automate certain business processes (through the IT solutions business).

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Nicolas David

Yan Derocles

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