Davy Research

Amadeus IT Group

Solid quarter with in-line EBITDA; Premier Inn a new customer for Hospitality IT
Travel IT Services
Amadeus IT Group

DAVY VIEW

Q3 was another solid quarter for Amadeus with EBITDA in-line with consensus. Looking forward, the content agreements in Distribution and newly-contracted airlines for IT Solutions suggest that the core of the business should continue to track well into the New Year. Additionally, the contracting of Premier Inn for two of the key Hospitality IT modules will be well-received.

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  • RATINGS AND PRICE CORRECT AT TIME OF ISSUE


  • Amadeus IT Group

    Closing Price: 5808c

  • RATING 24/11/14

  • PREVIOUS RATING 16/07/13

    Outperform

Analyst(S)

COMPANY DATA

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