Slide 1: Amadeus 2022 Results
Amadeus 2022 Results February 24, 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
Luis Maroto President & CEO Operating Review 3 © 2023 Amadeus IT Group and its affiliates and subsidiaries
Slide 4: Q4 – Financial performance overview
Q4 – Financial performance overview Revenue EBITDA € millions 917.2 1,182.6 1,217.6 1,168.5 € millions 295.8 495.8 450.4 398.3 Exc. grant 75.5%1 % of 2019 % of 2019 83.2% 86.8% 87.1% 84.2% 79.5% 82.7% FY 65.2% FY 80.5% 73.5% 49.7% Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Adjus
Slide 5: Air Distribution
Air Distribution Q4 Developments 2022 Amadeus bookings (% of 2019 bookings) _ Renewed / signed 16 distribution agreements in the quarter, including Ryanair (65 in Quarterly Monthly the year). 90% 75.0% 75.3% 78.1% _ Aeroméxico NDC-sourced content available from H2 2023 through the Amadeus 80% Travel
Slide 6: Air IT Solutions
Air IT Solutions Q4 Developments 2022 Amadeus PB (as a % of 2019 PB) Airline IT Quarterly Monthly _ New partnership with Finnair to transform airline retailing with a next-generation airline retail offering through the adoption of Offers and Orders. 100% 90% 83.1% 85.4% _ All Nippon Airways (ANA) to
Slide 7: Hospitality & Other Solutions (HOS)
Hospitality & Other Solutions (HOS) Q4 Developments and Performance Quarterly revenue as % of 2019 revenue _ Q4 2022 revenue: 3.6% higher than Q4 2019 levels, a 4.4 p.p. performance 103.6% enhancement over Q3 2022. 99.2% 94.4% _ Hospitality revenue growth advanced, driven by stronger performances ac
Slide 8: Financial highlights - Till Streichert, CFO
CFO Till Streichert Financial highlights © 2023 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 _ Group revenue: -12.9% in Q4 2022 vs. 2019, advancing from -13.2% in Q3 2022. _ Air Distribution revenue: -21.8% in Q4 2022 vs. 2019, driven by the bookings’ evolution € millions 917.2 1,182.6 1,217.6 1,168.5 (-28.3%) and a 9.1% higher revenue per booking
Slide 10: EBITDA and Adjusted profit
EBITDA and Adjusted profit EBITDA Adj. Profit2 / Adj. EPS2 € millions 295.8 495.8 450.4 398.3 € millions 95.0 246.9 219.6 180.7 (15.8%) (20.5%) (17.3%) (25.2%) Exc. 1 (32.0%) (34.5%) grant (24.5%) Exc. % growth % growth Grant (37.0%)1 vs. 2019 (50.3%) vs. 2019 (71.6%) FY (26.5%) FY (41.2%) Q1 2022 Q
Slide 11: Capex and Free cash flow
Capex and Free cash flow Capex (€ millions) Free cash flow1 (€ millions) Change 13.5 29.1 46.7 17.0 Free cash flow, as reported vs. PY 13.0% 26.5% 47.3% 11.5% Exc. implementation costs paid2 164.3 139.2 145.5 15.4 323.9 FY 117.6 7.4 10.3 FY 566.7 6.3 805.0 834.1 Exc. grant and 188.1 178.8 148.9 143.
Slide 12: 2023 Outlook
2023 Outlook 12 © 2016 Amadeus IT Group and its affiliates and subsidiaries
Slide 13: 2023 Outlook
2023 Outlook _ Some degree of uncertainty remains in the immediate term, making it difficult to forecast our evolution in 2023. _ Broad expectations on our potential evolution in 2023 for specific IATA +21.1% vs. 2022 global air traffic growth scenario. Group revenue _ Supported by segment evolution
Slide 14: Support materials
Support materials 14 © 2023 Amadeus IT Group and its affiliates and subsidiaries
Slide 15: Key Performance Indicators
Key Performance Indicators Change vs. Change vs. Change vs. Change vs. Q4’2022 20222 Q4’211 Q4’19 20211 2019 Amadeus bookings (m) 95.6 41.1% (28.3%) 396.3 92.0% (31.7%) Passengers Boarded (m) 419.7 46.9% (15.6%) 1,539.5 81.4% (22.8%) Revenue (€m) 1,168.5 44.3% (12.9%) 4,485.9 68.0% (19.5%) EBITDA (€
Slide 16: Thank you!
Thank you! © 2023 Amadeus IT Group and its affiliates and subsidiaries amadeus.com You can follow us on: amadeus.com/blog AmadeusITgroup 16