Amadeus It Group Sa Class A · BME:AMS
Amadeus It Group Sa Class A — Investor Presentation (September 2021)
22 slides from Amadeus It Group Sa Class A's investor presentation, Sep 30, 2021
Slide 1: New segment reporting
Amadeus September 30, 2021 New segment reporting 1 2021 Amadeus ©©Amadeus IT Group IT Group its affiliates affiliates and itsand and subsidiaries and subsidiaries
Slide 2: Disclaimer
Disclaimer _ This presentation may contain certain statements which are not purely historical facts, including statements about anticipated or expected future revenue and earnings growth. Any forward-looking statements in this presentation are based upon information available to Amadeus on the date
Slide 3: 2021 New segment reporting
2021 New segment reporting Former New Air & Air Distribution Non Distribution Air -air Air IT Solutions Air & IT Solutions Hospitality & Other Non-air Non -air Solutions Group contribution ©2021 Amadeus IT Group and its affiliates and subsidiaries - Indirect costs = EBITDA 3
Slide 4: 2021 New segment reporting
2021 New segment reporting Former New Distribution Air Distribution (AD) Airline distribution Airline distribution Other distribution1 Air IT Solutions (AIT) Airline IT ©2021 Amadeus IT Group and its affiliates and subsidiaries IT Solutions Airport IT Airline IT Airport IT Hospitality & Other Hospit
Slide 5: Air Distribution (AD)
Air Distribution (AD) Former New Airline content distribution Other content Airline content distribution1 distribution Distribution Payments AD distribution 2019 Distribution AD % Growth % Growth Delta ©2021 Amadeus IT Group and its affiliates and subsidiaries € million (Former) (New) Revenue 3,131
Slide 6: Air Distribution (AD)
Air Distribution (AD) 2020 – COVID impacted Distribution AD % Growth % Growth € million (Former) (New) Revenue 716 (77%) 639 (78%) Net operating costs (563) (67%) (510) (68%) Contribution 153 (89%) 129 (90%) Contribution margin 21.3% (23.6 p.p.) 20.2% (24.8 p.p.) H1 2021–COVID impacted Distribution
Slide 7: Air IT Solutions (AIT)
Air IT Solutions (AIT) Former New Airline IT Airport IT Airline IT Hospitality IT Airport IT IT Solutions AIT Payments IT 2019 IT Solutions AIT % Growth1 ©2021 Amadeus IT Group and its affiliates and subsidiaries % Growth Delta € million (Former) (New) Revenue 2,439 26% 1,820 10% (620) Net operating
Slide 8: Air IT Solutions (AIT)
Air IT Solutions (AIT) 2020 – COVID impacted IT Solutions AIT % Growth % Growth € million (Former) (New) Revenue 1,458 (40%) 986 (46%) Net operating costs (739) (15%) (388) (17%) Contribution 719 (54%) 598 (56%) Contribution margin 49.3% (15.0 p.p.) 60.7% (13.8 p.p.) H1 2021–COVID impacted IT Soluti
Slide 9: Hospitality & Other Solutions (HOS)
Hospitality & Other Solutions (HOS) New Hospitality (IT & Distribution) Payments (IT & Distribution) HOS 2019 HOS % Growth exc. ©2021 Amadeus IT Group and its affiliates and subsidiaries % Growth1 € million (New) TravelClick2 Revenue 806 95% 27% Net operating costs (511) 101% 37% Contribution 296 86
Slide 10: Hospitality & Other Solutions (HOS)
Hospitality & Other Solutions (HOS) 2020 – COVID impacted HOS % Growth € million (New) Revenue 549 (32%) Net operating costs (404) (21%) Contribution 145 (51%) Contribution margin 26.5% (10.2 p.p.) H1 2021–COVID impacted HOS % Growth vs. ©2021 Amadeus IT Group and its affiliates and subsidiaries € m
Slide 11: 2019 Revenue and Contribution split by segment
2019 Revenue and Contribution split by segment 2019 Revenue 2019 Contribution 14% Former 10% Distribution 44% IT Solutions 53% 33% 46% New ©2021 Amadeus IT Group and its affiliates and subsidiaries Air Distribution 56% 53% Air IT Solutions 47% 44% Hospitality & Other Solutions Former New Former New
Slide 12: Revenue performance by segment recap
Revenue performance by segment recap Hospitality & Other Air Distribution Air IT Solutions Solutions Low to mid single-digit High single-digit Double-digit 2019 % growth % growth % growth _ Volume driven _ Volume driven _ Recent revenue evolution Today Air booking growth vs. 2019 PB growth vs. 2019
Slide 13: Support materials
Support materials 13 © 2020 Amadeus IT Group and its affiliates and subsidiaries
Slide 14: FY 2019 Results (€m)
FY 2019 Results (€m) New segment reporting AD AIT HOS Indirect costs Group Revenue 2,944 1,820 806 - 5,570 Operating costs (1,708) (628) (610) (977) (3,922) Capitalizations 88 163 99 234 584 Net operating costs (1,621) (464) (511) (742) (3,338) Segment Contribution / Group EBITDA 1,324 1,355 296 (74
Slide 15: H1 2019 Results (€m)
H1 2019 Results (€m) Indirect New segment reporting AD AIT HOS Group costs Revenue 1,548 892 387 - 2,827 Net operating costs (818) (213) (253) (358) (1,642) Segment Contribution / Group EBITDA 729 679 134 (358) 1,184 Contribution / EBITDA margin 47.1% 76.1% 34.6% - 41.9% Indirect Former segment repo
Slide 16: 2019 Revenue by quarter (€m)
2019 Revenue by quarter (€m) New segment reporting AD AIT HOS Group Q1 797 422 186 1,406 Q2 750 470 200 1,421 Q3 710 486 206 1,402 Q4 687 442 213 1,341 Former segment reporting Distribution IT Solutions Group Q1 840 566 1,406 Q2 797 624 1,421 Q3 758 644 1,402 ©2021 Amadeus IT Group and its affiliate
Slide 17: FY 2020 Results (€m)
FY 2020 Results1 (€m) New segment reporting AD AIT HOS Indirect costs Group 1. Excludes costs related to Revenue 639 986 549 - 2,174 the implementation of the Operating costs (577) (529) (488) (826) (2,421) cost saving program announced in the second Capitalizations 67 141 85 182 475 quarter of 2020
Slide 18: H1 2020 Results (€m)
H1 2020 Results1 (€m) Indirect 1. Excludes costs related to New segment reporting AD AIT HOS Group costs the implementation of the cost saving program Revenue 397 573 311 - 1,281 announced in the second quarter of 2020. Net operating costs (312) (224) (234) (316) (1,087) Segment Contribution / Group
Slide 19: 2020 Revenue by quarter (€m)
2020 Revenue by quarter (€m) New segment reporting AD AIT HOS Group Q1 422 405 195 1,022 Q2 (24) 169 115 260 Q3 96 201 122 419 Q4 146 212 116 474 Former segment reporting Distribution IT Solutions Group Q1 457 564 1,022 Q2 (16) 275 260 Q3 112 307 419 ©2021 Amadeus IT Group and its affiliates and sub
Slide 20: H1 2021 Results (€m)
H1 2021 Results (€m) Indirect New segment reporting AD AIT HOS Group costs Revenue 417 469 235 - 1,121 Net operating costs (274) (187) (163) (298) (922) Segment Contribution / Group EBITDA 143 282 71 (298) 199 Contribution / EBITDA margin 34.3% 60.1% 30.4% - 17.8% Indirect Former segment reporting D
Slide 21: 2021 Revenue by quarter (€m)
2021 Revenue by quarter (€m) New segment reporting AD AIT HOS Group Q1 175 213 109 497 Q2 242 257 125 624 Former segment reporting Distribution IT Solutions Group Q1 193 304 497 Q2 268 357 624 ©2021 Amadeus IT Group and its affiliates and subsidiaries Delta Q1 (18) (92) 109 Q2 (25) (100) 125 21
Slide 22: Thank you!
Thank you! © 2021 Amadeus IT Group and its affiliates and subsidiaries amadeus.com You can follow us on: amadeus.com/blog AmadeusITgroup
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