Amadeus third quarter 2011 results - at-a-glance summary

Amadeus released its third quarter 2011 results today. A quick overview is as follows:

• Net revenue - Euro 670.8 million (up from Euro 649.2 million y/y).
• Adjusted profit - Euro 136.8 million (up from Euro 100.2 million y/y).
• Adjusted EBITDA - Euro 263.5 million (up from Euro 248.5 million y/y).

• Net revenue - Euro 2,059.8 million (up from Euro 1,986.1 million y/y).
• Adjusted profit - Euro 400.6 million (up from Euro 335.3 million y/y).
• Adjusted EBITDA - Euro 83.5.6 million (up from Euro 788.0 million y/y).

"Both the first nine months of this year and the third quarter have delivered an increase in total billable travel transactions - demonstrating the strength and flexibility of our transaction-based model. Once again both the distribution and IT Solutions businesses have contributed significantly to our performance, with each producing a combination of increased transactions from existing customers along with both new customers and improved market share."

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