Travelport released its fourth quarter and full-year results for 2011 today. A quick overview follows:
Top-line Q4 2011:
- Net revenue - $465 million (up from $452 million y/y).
- Operating income - $4 million (down from $45 million y/y).
- Adjusted EBITDA - $106 million (down from $115 million y/y).
Top-line full-year 2011:
- Net revenue - $2,035 million (up from $1,996 million y/y).
- Operating income - $200 million (down from $274 million y/y).
- Adjusted EBITDA - $507 million (down from $545 million y/y).
Operating segments Q4 2011:
- Americas - 39 million (up from 37 million y/y).
- Europe - 19 million (up marginally from 19 million y/y).
- MEA - 9 million (up from 8 million y/y).
- Asia-Pacific - 13 million (down marginally from 13 million y/y).
- TOTAL - 80 million (up from 77 million y/y).
Operating segments full-year 2011:
- Americas - 176 million (up from 172 million y/y).
- Europe - 85 million (up from 84 million y/y).
- MEA - 38 million (down marginally from 38 million y/y).
- Asia-Pacific - 56 million (up from 55 million y/y).
- TOTAL - 355 million (up from 349 million y/y).
President and CEO Gordon Wilson says:

"2011 financial results were in line with expectations. Total transaction value for air travel and hotel sales was 6% higher at $83 billion, and we launched and deployed four significant, innovative new products designed around our new technology platform.
"We are making excellent progress on our strategic plan, delivering the broadest possible travel content for suppliers and travel agency customers to buy, sell and promote."
More to follow...