Amadeus It Group, S.A. Reports Earnings Results for the Half Year Ended June 30, 2021
July 30, 2021 at 05:53 am EDT
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Amadeus IT Group, S.A. Announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was EUR 1,121 million compared to EUR 1,281.2 million a year ago. Operating loss was EUR 143.1 million compared to EUR 236 million a year ago. Net loss was EUR 143.9 million compared to EUR 196.7 million a year ago. Basic loss per share from continuing operations was EUR 0.32 compared to EUR 0.45 a year ago. Diluted loss per share from continuing operations was EUR 0.3 compared to EUR 0.44 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. 
