Report
Nicolas David ...
  • Yan Derocles

Amadeus IT Group : Consensus a little toppish for 2024 but risk/reward profile still good

>Q4 2023 set to be broadly solid, thanks to price increases - Following a company contact, we understand that business in terms of air bookings improved in November and early December amid normalising cancellation levels after the uptick seen in the wake of the attacks of 7 October in Israel. Nonetheless, the underlying improvement is relatively limited, though it is not clear at this stage what the exact cause is. On this basis, we expect bookings of 108 million, an ...
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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