Amadeus IT Group : A robust performance in Q2 2024, pending an improvement in Q4
>Q2 earnings marked by revenues just in line... - Amadeus reported yesterday evening robust Q2 earnings, with: i/ revenues of € 1,556m, broadly in line with forecasts for the three main divisions, reflecting growth of 12.7% y-o-y, of which c.10% organic, on our calculations; ii/ booking volumes up 3%, a shade below forecasts. The negative calendar effect for the month of June penalised the quarterly performance after April and May saw growth of c.4%. However, revenue ...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).
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.