Madrid, Spain – Amadeus IT Group, S.A. recently held its Q2 2024 Results Conference Call, discussing key financial aspects and business developments. The call, led by President and CEO Luis Maroto, highlighted the company’s robust performance in the first half of the year, including significant revenue growth and expansion in EBITDA and EBIT margins.

During the call, Maroto, along with business heads Decius Valmorbida and Paco Perez-Lozao, discussed the company’s focus on key segments such as Air Distribution, Air IT Solutions, and Hospitality & Other Solutions. They emphasized Amadeus’ commitment to driving industry transformation through initiatives like the airline retailing transformation with their next-generation airline IT product suite, Nevio.

Among the highlights mentioned were the company’s partnerships with top airlines like Finnair, Saudia, and British Airways for implementing Amadeus Network Revenue Management. Additionally, they discussed the importance of advancing NDC technology and increasing NDC bookings through their platform.

Regarding financial performance, Amadeus reported a strong first half of the year, with revenue increasing by 13% and EBITDA growing by 15%. The company also highlighted its robust free cash flow generation of €530 million and net financial debt of €2.6 billion at June 30, 2024.

Looking ahead, Amadeus remains confident in its outlook for the rest of 2024, despite challenges in certain regions like North America. The company expects continued growth and positive developments in key segments, supporting its long-term growth strategy and vision for the future.

Overall, the Q2 conference call underscored Amadeus’ resilience and strategic focus on driving innovation in the travel industry, positioning the company for continued success and growth in the coming years.