Amadeus Reports 26.1 Percent Rise in Profits for First Half 2012
Amadeus IT Holding, S.A., parent the Amadeus Group, a transaction processor and provider of technology solutions for the travel industry, said during the first six months of 2012 adjusted profit increased 26.1 percent to reach €332.5 million, due principally to the substantial reduction in interest expense. This was backed by an 8.6 percent growth in revenue to €1,508.9 million and a 6.1 percent rise in EBITDA to €606.9 million....
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