Amadeus 2010 results - bitesize summary

Amadeus releases its full-year 2010 results this morning. A summary is as follows:

NB: All figures incl Opodo.

• Net revenue - Euro 2,683 million (up 10.6% from Euro 2,425 million y/y).
• Adjusted profit - Euro 427.4 million (up 24.3% from Euro 343.8 million y/y).
• EBITDA - Euro 1,014 million (up 14.2% from Euro 889 million y/y).

• Net revenue - Euro 1,992.2 million (up 8.5% from Euro 1,836.3 million y/y).

• Net revenue - Euro 601.4 million (up 17.7% from Euro 511.1 million y/y).

• Air - 382.4 million (up 8.5% from 352.4 million y/y).
• Non-air - 59.2 million (down 2.6% from 60.8 million y.y).

"Our transaction-based model has again proven adaptable and profitable, allowing us to benefit from the significant improvement in the global travel industry during 2010. "During 2011, we aim to reinforce our leading position worldwide, both in our Distribution and IT Solutions businesses. We look forward to 2011 with confidence."

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