Report
Nicolas David ...
  • Yan Derocles

Amadeus IT Holding SA : Résultats T1 sans surprise mais le consensus doit encore s’ajusté à la baisse

>Baisse d’activité de -27% au T1 2020 sans surprise… - Amadeus a publié hier matin un CA T1 2020 de 1 022 M€ en baisse de -27% conformément à l’annonce du 2 avril dernier (-25%/-30%) et en ligne avec les attentes (css : -28% ; ODDO BHF : -24%). Sans surprise, l’activité Distribution (56% du CA 2019) est la plus touchée avec une baisse de -46% y/y. La chute du marché GDS est de -46.6% sur le trimestre car la baisse du trafic (-17% selon IATA) a été amplifiée par le car...
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

ResearchPool Subscriptions

Get the most out of your insights

Get in touch