Travelport released its full-year results for 2012 today. A quick overview follows:
Top-line Q4 2012:
- Net revenue - $457 million (down from $465 million y/y).
- Operating income - $-17 million (down from $4 million y/y).
- Adjusted EBITDA - $89 million (down from $106 million y/y).
Top-line full-year 2012:- Net revenue - $2,002 million (down from $2,035 million y/y).
- Operating income - $138 million (down from $200 million y/y).
- Adjusted EBITDA - $455 million (down from $507 million y/y).
Operating segments Q4 2012:- Americas - 37 million (down from 39 million y/y).
- Europe - 19 million (flat against 19 million y/y).
- MEA - 9 million (flat against 9 million y/y).
- Asia-Pacific - 12 million (down from 13 million y/y).
- TOTAL - 77 million (down from 80 million y/y).
Operating segments full-year 2012:- Americas - 170 million (down from 176 million y/y).
- Europe - 84 million (down from 85 million y/y).
- MEA - 39 million (up from 38 million y/y).
- Asia-Pacific - 54 million (down from 55 million y/y).
- TOTAL - 347 million (down from 355 million y/y).
President and CEO Gordon Wilson says:

"Travelport's strategic growth plans continue to gain momentum. We broadened our travel content, improved our point of sale platform delivery, grew our payments business and developed greater distribution capabilities for ancillary products and services.
"Our key underlying business performance indicators of RevPas and gross margin have improved every quarter of this year compared to 2011."
NB:Refinancing plans also announced today.