Amadeus It Group, S.A. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 06, 2021
Share
Amadeus IT Group, S.A. Announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was EUR 496.7 million compared to EUR 1,021.7 million a year ago. Operating loss was EUR 109 million compared to operating Income of EUR 158.5 million a year ago. Net loss was EUR 95.3 million compared to net income of EUR 117.8 million a year ago. Basic loss per share from continuing operations was EUR 0.21 compared to basic earnings per share from continuing operations of EUR 0.27 a year ago.
Amadeus IT Group, S.A. owns and operates the world's No. 1 travel distribution and reservation computer system. The group's system allows travel agencies and airline sales offices to make reservations to hotels, car rental agencies, and service providers (including ocean transportation companies, tour operators, cruise lines, etc.).
The group is also involved in supplying computer services and marketing services for online reservation software and data flow management software.
Net sales are distributed geographically as follows: Spain (2.6%), Germany (6.4%), the United Kingdom (4.7%), France (4.2%), Europe-Middle East-Africa (30.7%), the United States ( 22.4%), America (9%) and Asia-Pacific (20%).
AMADEUS IT GROUP, S.A. 
