Report
Nicolas David ...
  • Yan Derocles

Amadeus IT Group : Le consensus semble un peu toppish pour 2024 mais le risk/reward reste bon

>Vers un T4 2023 globalement solide, notamment grâce aux hausses de prix - Suite à des échanges avec la société nous comprenons que l’activité en termes de Air bookings s’est améliorée en novembre et début décembre sur fond de normalisation des niveaux d’annulation après la hausse observée suite aux attaques du 7 octobre en Israël. Néanmoins l’amélioration sous-jacente est relativement limitée sans qu’il soit possible, à ce stade, d’en connaître la cause exacte. Ainsi...
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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