Steady and Profitable Growth
Amadeus reported an 8% growth in revenue at constant currency and a faster profit growth, showing resilience in a challenging macroeconomic and geopolitical environment.
Strategic Partnerships and Technological Advancements
Amadeus announced a new strategic partnership with Google to support their multi-cloud strategy and explore AI-driven innovations. The company also made significant progress in its cloud transformation, with 90% of applications now activated in the public cloud.
Growth in Air Distribution and Airline IT Solutions
Amadeus signed 29 new contracts or renewals of distribution agreements with airlines and reported a 7.5% growth in Air Distribution revenue due to positive pricing impacts and contract renewals.
Expansion in Hospitality and Other Solutions
Continued growth in Hospitality and Other Solutions with 8% revenue increase, driven by new customer implementations and strong performance in payments.
Strong Cash Flow and Financial Health
Amadeus generated EUR 468.6 million of free cash flow, maintaining a low leverage ratio of 0.7x net debt to EBITDA.