Amadeus IT Group : The strong upturn in bookings as of February underpins our view on the stock
>Q4 2021 results a shade above forecasts - Amadeus published on Friday morning Q4 2021 results a shade above forecasts, with revenues of € 810m up 71% y-o-y but -39% below the 2019 level nonetheless. This figure was 2% above estimates. Revenues from air distribution are slightly below forecasts with air TA bookings down 49% vs 2019 (consensus: -48% vs -58% in Q3) but the air IT solutions business is doing a little better. Volume for passengers boarded remained resilie...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.
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