Q3 2015 figures: Revenue reached €988m (+15.7% including a positive effect of the dollar vs the euro and a change in the perimeter). Both activities had an increase in revenue (+14% in the Distribution activity, +19.5% in the IT Solutions business): EBITDA increased to €366m (+9.2%) and there was a significant decrease in the EBITDA margin (-2.2pts to 37% of revenue) due to negative currency effects, the acquisition cost related to Navitaire (€5.1m representing 0.5pt of revenue
13 Nov 2015
Strong growth, lower margin rate
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Strong growth, lower margin rate
Amadeus IT Group SA Class A (AMAD:WBO) | 0 0 1.2% | Mkt Cap: 26,189m
- Published:
13 Nov 2015 -
Author:
Hélène Coumes -
Pages:
3
Q3 2015 figures: Revenue reached €988m (+15.7% including a positive effect of the dollar vs the euro and a change in the perimeter). Both activities had an increase in revenue (+14% in the Distribution activity, +19.5% in the IT Solutions business): EBITDA increased to €366m (+9.2%) and there was a significant decrease in the EBITDA margin (-2.2pts to 37% of revenue) due to negative currency effects, the acquisition cost related to Navitaire (€5.1m representing 0.5pt of revenue