Amadeus IT Group Reports Robust H1 2024 Growth
Company Announcements

Amadeus IT Group Reports Robust H1 2024 Growth

Amadeus IT Group S.A (ES:AMS) has released an update.

Amadeus IT Group S.A reported strong financial growth in the first half of 2024, with a 13.4% increase in group revenues and a 22.0% rise in adjusted profit. The company’s successful expansion in Air Distribution, Technology Solutions, and strategic partnerships, such as with Accor for implementing its Amadeus Central Reservation System, contribute to a robust outlook. Additionally, the company’s commitment to NDC technology and new client acquisitions, including British Airways and Malaysia Airports, highlights its ongoing industry leadership.

For further insights into ES:AMS stock, check out TipRanks’ Stock Analysis page.

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