Amadeus has shared with the industry its results from the first half the year, which revealed steady growth.
The technology giant has delivered this to a back drop of macroeconomic and geopolitical goings on during the period.
Amadeus’ Group Revenue increased by 6.8%, or by 7.6% at constant currency rates in the first half of the year, and Adjusted Operating Income grew 7.6%.
Free Cash Flow generation in the first six months of the year amounted to €468.6 million, resulting in Net Financial Debt of €1,715.0 million, equal to 0.71 times last-twelve-month EBITDA.
It continued to repurchase shares through the second quarter, via its ongoing €1.3 billion share repurchase programme which was initiated in March.
Luis Maroto, president & CEO of Amadeus, said: “As a company innovating at the forefront of travel technology, we continue to invest decisively for future growth—allocating over €700 million to R&D in the first half of 2025.
“We signed new customers across all our business lines and advanced on several key, industry-transforming implementations, reinforcing our position as the leading technology partner in travel.
“Amid the current macro uncertainties, our outlook remains unchanged, backed by our resilient business.”
Air IT Solutions revenue increased 7.1% or 7.9% at constant currency, supported by a 4.6% increase in Airline IT passengers boarded.
This was driven by global air traffic growth in the period and by the positive impact of customer implementations.
Amadeus’ volumes experienced particularly strong growth in Asia Pacific, where passengers boarded grew by 9.9%.
This segment’s revenue growth was further backed by a 3.1% rise in revenue per passenger boarded supported by positive pricing dynamics, upselling of incremental solutions to customers, and the expansion in Airport IT and Airline Expert Services.
In the first six months of the year, Hospitality & Other Solutions revenue increased by 6.2% or 7.5% at constant currency, supported by transaction growth and new customer implementations.
Finally, in the six months of the year, Air Distribution delivered revenue growth of 6.8% or 7.5% at constant currency supported by 2.0% booking growth and 5.4% revenue per booking expansion.
Amadeus’ continued commercial success with customers across regions supported booking volume growth, which was particularly strong in Asia Pacific, where bookings increased by 10.4%.
