AMADEUS: 2Q’24 RESULTS (ANÁLISIS BANCO SABADELL)
2Q'24 vs. 2Q'23 ResultsSales: € 1.556 Bn (+12.7% vs. +11.6% BS(e) and +12.7% consensus);
EBITDA: € 621.0 M (+15.9% vs. +11.8% BS(e) and +13.2% consensus);
Net Profit: € 358.0 M (+28.8% vs. +20.1% BS(e) and +21.6% consensus);
1H'24 vs. 1H'23 Results
Sales: € 3.052 Bn (+13.4% vs. +12.8% BS(e) and +13.4% consensus);
EBITDA: € 1.203 Bn (+15.0% vs. +12.9% BS(e) and +13.7% consensus);
Net Profit: € 682.0 M (+23.8% vs. +19.4% BS(e) and +20.1% consensus);
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).
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