Amadeus It Group Sa Class A · BME:AMS
Amadeus It Group Sa Class A — H1 2022 Earnings Presentation
14 slides from Amadeus It Group Sa Class A's earnings presentation, Jul 29, 2022
Slide 1: Amadeus Jan-Jun 2022 Results
Amadeus Jan-Jun 2022 Results July 29, 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: Q2 – Performance continues to strengthen
Q2 – Performance continues to strengthen Revenue (€m) EBITDA1 (€m) % of 2019 60.4% 65.2% 83.2% % of 2019 46.1% 49.7% 84.2% 75.5%3 Exc. Grant 444.63 1,182.6 917.2 495.8 809.8 221.9 295.8 Q4 2021 Q1 2022 Q2 2022 Q4 2021 Q1 2022 Q2 2022 Adjusted profit2 (€m) Free cash flow (€m) % of 2019 13.9% 28.4% 74
Slide 5: Air Distribution
Air Distribution Developments Amadeus air bookings evolution vs. 2019 _ Renewed / signed 8 distribution agreements. 0% _ Finnair NDC-sourced content to be made available through the (10%) Amadeus Travel Platform. (20%) _ Expanded Hopper distribution partnership, including access to NDC- enabled cont
Slide 6: Air IT Solutions
Air IT Solutions Developments Amadeus PB evolution vs. 2019 Airline IT 0% _ Air India contracted and implemented the Altéa PSS. The carrier will implement the full Altéa PSS, including revenue management, revenue (10%) accounting, retailing and merchandizing, website, mobile and frequent (20%) flyer
Slide 7: Hospitality & Other Solutions (HOS)
Hospitality & Other Solutions (HOS) Developments and Performance Quarterly revenue as % of 2019 revenue _ Q2 2022 revenue: 94.4% of Q2 2019 levels, a 9.6 p.p. enhancement over Q1 2022. 100% 94.4% _ Continued hospitality industry strengthening, with global hotel weekly occupancies 90% 84.8% over 2019
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) _ Group revenue: -16.8% in Q2 2022 vs. 2019, advancing from -34.8% in Q1, driven by progress in volume performance. % Growth (39.6%) (34.8%) (16.8%) _ Air Distribution revenue: -21.1% in Q2 2022 vs. 2019, resulting from (i) the bookings vs. 201
Slide 10: EBITDA and Adjusted profit
EBITDA and Adjusted profit EBITDA1 (€ millions) Adj. Profit3 (€ millions) & Adj. EPS3 (€) % Growth (53.9%) (50.3%) (15.8%) % Growth (86.1%) (71.6%) (25.2%) vs. 2019 (24.5%)2 vs. 2019 (37.0%)2 Exc. 208.02 Grant Exc. Grant 444.62 495.8 246.9 221.9 295.8 95.0 38.2 Q4 2021 Q1 2022 Q2 2022 Q4 2021 Q1 202
Slide 11: Capex and Free cash flow
Capex and Free cash flow Capex (€ millions) Free cash flow1 (€ millions) Change 31.7 13.5 29.1 Free cash flow, as reported vs. PY 27.4% 13.0% 26.5% Exc. implementation costs paid2 188.1 147.3 139.2 177.5 23.3 117.6 7.4 143.3 136.92,3 Exc. grant and 6.3 implement. 182.0 costs paid 124.0 131.8 137.4 1
Slide 12: Support materials
Support materials 12 © 2022 Amadeus IT Group and its affiliates and subsidiaries
Slide 13: Key Performance Indicators
Key Performance Indicators Apr-Jun Change vs. Change vs. Jan-Jun Change vs. Change vs. 20221 Q2’212 Q2’19 20221 H1’212 H1’19 Amadeus bookings (m) 109.2 132.0% (24.8%) 200.9 148.5% (34.7%) Passengers Boarded (m) 396.7 140.5% (22.3%) 660.7 126.2% (30.2%) Revenue (€m) 1,182.6 89.4% (16.8%) 2,099.7 87.3
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