Amadeus It Group Sa Class A · BME:AMS
Amadeus It Group Sa Class A — Q1 2022 Earnings Presentation
14 slides from Amadeus It Group Sa Class A's earnings presentation, May 6, 2022
Slide 1: Amadeus Jan-Mar 2022 Results
Amadeus Jan-Mar 2022 Results May 6, 2022
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: Operating Review
Luis Maroto President & CEO Operating Review 3 © 2022 Amadeus IT Group and its affiliates and subsidiaries
Slide 4: Q1 2022 - Performance continues to strengthen
Q1 2022 - Performance continues to strengthen Revenue (€m) EBITDA1 (€m) % of 52.7% 60.4% 65.2% % of 36.5% 46.1% 49.7% 2019 2019 809.8 917.2 295.8 739.1 221.9 206.7 Q3 2021 Q4 2021 Q1 2022 Q3 2021 Q4 2021 Q1 2022 Adjusted profit2 (€m) Free cash flow (€m) % of 7.4% 13.9% 28.4% Free cash flow, as repor
Slide 5: Air Distribution
Air Distribution Developments 2022 Amadeus air bookings evolution vs. 2019 _ Renewed / signed 21 distribution agreements, including JetSMART, Royal 0% Air Maroc and SriLankan Airlines. (10%) _ Renewed and expanded distribution partnerships with: (20%) • ATPI, a world leading travel management and ev
Slide 6: Air IT Solutions
Air IT Solutions Developments 2022 Amadeus PB evolution vs. 2019 Airline IT _ New PSS customers: 0% • ITA Airways, the Italian flagship carrier, contracted for the full Altéa PSS Suite, Altéa NDC, (10%) Digital Experience Suite and revenue management, dynamic pricing, merchandizing, data management
Slide 7: Hospitality & Other Solutions (HOS)
Hospitality & Other Solutions (HOS) Developments and Performance Quarterly revenue as % of 2019 revenue _ In Q1 2022, we continued to expand our customer base in Hospitality, with new customer signings for our Business Intelligence, Sales & Event Management and 100% Media solutions. 90% 84.8% _ Q1 2
Slide 8: Financial highlights
CFO Till Streichert Financial highlights © 2022 Amadeus IT Group and its affiliates and subsidiaries 8 2020Amadeus ©©2018 Groupand AmadeusITITGroup affiliatesand itsaffiliates andits subsidiaries andsubsidiaries
Slide 9: Revenue evolution by segment
Revenue evolution by segment Group revenue (€ millions) % Growth (47.3%) (39.6%) (34.8%) _ Group revenue: -34.8% in Q1 2022 vs. 2019, advancing from -39.6% in Q4, driven by progress vs. 2019 in volume performance. _ Air Distribution revenue: -44.1% in Q1 2022 vs. 2019, driven by bookings evolution (
Slide 10: EBITDA and Adjusted profit continued to improve
EBITDA and Adjusted profit continued to improve EBITDA1 (€ millions) Adj. Profit2 (€ millions) & Adj. EPS2 (€) % Growth (63.5%) (53.9%) (50.3%) % Growth (92.6%) (86.1%) (71.6%) vs. 2019 vs. 2019 295.8 221.9 95.0 206.7 23.8 38.2 Q3 2021 Q4 2021 Q1 2022 Q3 2021 Q4 2021 Q1 2022 _ Q1 2022 EBITDA evoluti
Slide 11: Capex and Free cash flow
Capex and Free cash flow Capex (€ millions) Free cash flow1 (€ millions) Change (22.6) 31.7 13.5 Free cash flow, as reported vs. PY (18.6%) 27.4% 13.0% Exc. implementation costs paid2 147.3 177.5 143.3 23.3 117.6 98.8 6.3 103.5 4.7 124.0 111.3 137.4 125.4 94.1 83.6 Q3 2021 Q4 2021 Q1 2022 Q3 2021 Q4
Slide 12: Support materials
Support materials 12 © 2022 Amadeus IT Group and its affiliates and subsidiaries
Slide 13: Key Performance Indicators
Key Performance Indicators Jan-Mar Change vs. Change vs. 2022 Q1’21 Q1’19 Bookings (m) 91.7 171.6% (43.6%) Passengers Boarded (m) 264.0 107.6% (39.5%) Revenue (€m) 917.2 84.7% (34.8%) EBITDA (€m) 295.8 450.5%1 (50.3%) Adjusted profit2 (€m) 95.0 n.m. (71.6%) © 2022 Amadeus IT Group and its affiliates
Slide 14: Thank you!
Thank you! © 2022 Amadeus IT Group and its affiliates and subsidiaries amadeus.com You can follow us on: amadeus.com/blog AmadeusITgroup 14