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Amadeus expects 2019 capex at low end of planned 12-15% of revenue
Amadeus CEO reiterates outlook for 2019 earnings
Amadeus H1 Net Profiy Up At 594.2 Mln Euros YoY
Amadeus IT Group SA, formerly Amadeus IT Holding SA, is a Spain-based company engaged in the provision of information technology (IT) services primarily for the tourism and travel industries. The Company’s activities are divided into two business segments: Distribution and IT Solutions. The Distribution division offers Global Distribution System (GDS), a worldwide computerized reservation system (CRS) used as a single point of access for booking airline seats, hotel rooms and other travel-related services by travel agencies and travel management companies. The IT Solutions division provides a range of technology solutions that automate core processes for travel providers. Its customers include full service carriers and low-cost airlines, hotel managers, rail operators, cruise and ferry operators, travel insurers and car rental companies, among others. The Company operates through numerous subsidiaries in Europe, the Americas, Asia, Africa and Australia.
Salvador de Madariaga 1
Jose Antonio Tazon Garcia
Independent Chairman of the Board
Luis Maroto Camino
Chief Executive Officer, Executive Director
Guillermo de la Dehesa Romero
Independent Vice Chairman of the Board
Ana de Pro Gonzalo
Chief Financial Officer
Executive Vice President of Research & Development
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Electronic travel services company Amadeus reported a 10.7% rise on its first half core profit to 1.2 billion euros ($1.34 billion), supported by the strength of its Distribution and IT Solutions segments and TravelClick’s acquisition.
South African telecoms company MTN said on Tuesday it would sell its interest in investment fund Amadeus to private equity firm HarbourVest for around 1.2 billion rand ($83 million).
France's competition regulator on Thursday ordered Alphabet Inc's Google to review its policies and procedures for blocking certain ads, saying that its actions against French firm Amadeus may have been anti-competitive.
Electronic travel services companies Amadeus <AMA.MC> and Sabre <SABR.O> are being investigated by the EU over contract terms that the bloc's antitrust watchdog says could prevent airlines and travel agents from switching to rival ticket agents.
Spanish travel technology firm Amadeus IT Group <AMA.MC> has agreed to buy U.S.-based TravelClick for $1.52 billion from private equity firm Thoma Bravo, Amadeus said on Friday.
Spanish travel technology company Amadeus IT Group has agreed to buy U.S.-based TravelClick for $1.52 billion, Amadeus said on Friday.
Spanish travel technology company Amadeus IT Group said on Wednesday it was in talks with U.S.-based TravelClick with a view to buying the provider of online reservation systems to hotels.
Spanish travel technology company Amadeus IT Group said on Wednesday it was in discussions with U.S.-based TravelClick, a provider of online reservation systems to hotels, about a possible acquisition.
* Q1 ADJUSTED NET PROFIT 305.6 MILLION EUROS VERSUS 292.9 MILLION EUROS YEAR AGO
* WINS LONG TERM CONTRACT FOR FLIGHT CENTRE TRAVEL GROUP’S DISTRIBUTION BUSINESS IN EMEA AND ASIA
* FY NET SALES 4.85 BILLION EUROS VERSUS 4.47 BILLION EUROS YEAR AGO
* SAYS AGREES TO CARRY OUT A SHARE BUY-BACK PROGRAMME FOR UP TO 5.69 PERCENT OF SHARE CAPITAL (1 BILLION EUROS) Source text for Eikon: Further company coverage: (Gdynia Newsroom)
* TO PAY 0.48 EURO PER SHARE GROSS DIVIDEND ON JAN. 31 Source text for Eikon: Further company coverage: (Gdynia Newsroom)
* 9-MONTH EBITDA 1.47 BILLION EUROS VERSUS 1.33 BILLION EUROS YEAR AGO
Major airlines around the world were briefly hit by computer problems on Thursday morning, causing some minor delays at airports, due to a problem with a system from Spanish travel technology firm Amadeus <AMA.MC>.
Spain's Amadeus, which operates global travel booking systems and offers check-in services for airlines, suffered a network problem on Thursday which caused a disruption to some of its systems and is working to fix problem, a spokesman said.
* H1 NET SALES 2.49 BILLION EUROS VERSUS 2.28 BILLION EUROS YEAR AGO
* SAYS I:FAO AG ANNOUNCES THE APPOINTMENT OF BERND SCHULZ AS ITS NEW CEO, EFFECTIVE JUNE 15
IAG-owned <ICAG.L> airlines British Airways and Iberia are to follow Lufthansa <LHAG.DE> by charging a fee for bookings via third parties, using new technology to take more control of their own bookings.
IAG-owned airlines British Airways and Iberia are to follow Lufthansa by charging a fee for bookings via third parties, using new technology to take more control of their own bookings.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.