In 2016, Amadeus IT Group showed strong growth and a good operating performance, benefiting from the integration of Navitaire. All in all, the year was in line with expectations. FY2016 figures: Revenue reached €4,473m (+14.3%). Strong revenue growth included the change in perimeter (contribution of AirIT, Itesso, Hotel SystemsPro, Pyton on a full-year basis and Navitaire on 26 January 2016, and the disposal of Meeting Intelligence business). EBITDA increased to €1,700m (+16%), corr
01 Mar 2017
Strong performance influenced by Navitaire
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Strong performance influenced by Navitaire
Amadeus IT Group SA Class A (AMAD:WBO) | 0 0 1.2% | Mkt Cap: 26,189m
- Published:
01 Mar 2017 -
Author:
Hélène Coumes -
Pages:
3
In 2016, Amadeus IT Group showed strong growth and a good operating performance, benefiting from the integration of Navitaire. All in all, the year was in line with expectations. FY2016 figures: Revenue reached €4,473m (+14.3%). Strong revenue growth included the change in perimeter (contribution of AirIT, Itesso, Hotel SystemsPro, Pyton on a full-year basis and Navitaire on 26 January 2016, and the disposal of Meeting Intelligence business). EBITDA increased to €1,700m (+16%), corr