The positive trend seen in the previous quarters continued in Q3 16. The Amadeus GDS platform gained market share (+0.5pt), the Altéa platform showed satisfactory organic volume growth (+4.6%) and the group benefited from the integration of Navitaire. Q3 16 figures: Group revenue reached €1,111m (+12.5%) including that from acquired companies, mainly Navitaire which was integrated on 26 January 2016. The breakdown of revenue was as follows: €699m (+4%) in the Distribution act
04 Nov 2016
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Amadeus IT Group SA Class A (AMAD:WBO) | 0 0 1.2% | Mkt Cap: 26,189m
- Published:
04 Nov 2016 -
Author:
Hélène Coumes -
Pages:
3
The positive trend seen in the previous quarters continued in Q3 16. The Amadeus GDS platform gained market share (+0.5pt), the Altéa platform showed satisfactory organic volume growth (+4.6%) and the group benefited from the integration of Navitaire. Q3 16 figures: Group revenue reached €1,111m (+12.5%) including that from acquired companies, mainly Navitaire which was integrated on 26 January 2016. The breakdown of revenue was as follows: €699m (+4%) in the Distribution act