Slide 1: Amadeus Jan-Sep 2017 Results
Nov 3, 2017 Amadeus Jan-Sep 2017 Results © 2017 Amadeus IT Holding and its affiliates 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: Operating Review
Luis Maroto Operating Review President and CEO © 2017 Amadeus IT Holding and its affiliates and subsidiaries
Slide 4: Profitable expansion through September 2017
Profitable expansion through September 2017 9M 2017 _ Revenue +8.9% 3,687 • Strong operating performance In € millions • Navitaire acquisition effect (late Jan. ‘16) • Small positive FX impact _ EBITDA +10.1% • Small positive FX impact • Excluding FX: high single-digit revenue/EBITDA growth rate and
Slide 5: At the heart of travel – progressing on strategies
At the heart of travel – progressing on strategies Recent business highlights Airline Distribution Airline IT _ Renewed/signed 8 content agreements, including Air Canada and Avianca _ Landmark technology partnership to support Air Canada’s digital Argentina - total of 29 in 2017 transformation - ful
Slide 6: Distribution
Distribution Amadeus TA Bookings (in millions) Amadeus TA Air Bookings by region +5.9% 481.9 454.9 47.6 LatAm, 45.2 WE, Volume growth (%) WE +2.1% CESE, 6.6% 8.2% 36.4% Weight (%) APAC +11.6% MEA, +6.0% NA +7.7% 12.2% 409.8 434.4 MEA +5.0% CESE +5.4% NA, 17.6% APAC, LatAm +11.5% 18.9% WE = Western E
Slide 7: IT Solutions
IT Solutions Passengers Boarded1 (in millions) Amadeus PB1 by region +19.4% 1,228.1 CESE, MEA, 5.5% WE +10.5% WE, Volume growth (%) 1,028.5 185.8 7.9% 38.2% Weight (%) APAC +16.4% 61.9 LatAm, 9.0% NA +150.3% NA, +7.8%2 1,042.3 LatAm +12.6% 9.6% 966.6 MEA +6.9% CESE +26.1% APAC, 29.7% WE = Western Eu
Slide 8: Financial highlights
CFO Ana de Pro Financial highlights ©©2016 AmadeusITITGroup 2017Amadeus and Holding its its and and affiliates affiliates and subsidiaries subsidiaries
Slide 9: Solid revenue growth
Solid revenue growth Group Revenue (in € millions) +8.9% _ Group revenue expanded by 8.9%, resulting from the positive evolution of Distribution and IT Solutions, the 3,686.6 consolidation of Navitaire and a small 3,386.5 positive FX impact _ Distribution: volume growth, Sep YTD 2016 Sep YTD 2017 ex
Slide 10: Double-digit EBITDA and Adjusted EPS growth
Double-digit EBITDA and Adjusted EPS growth EBITDA (in € millions) Adj. Profit1 (in € millions) & Adj. EPS2 (€) 1,600.0 1,466.3 41.0% €1.93 920.0 +14.5% 2.00 €1.69 910.0 1,500.0 900.0 890.0 +10.1% 880.0 1.80 1,332.1 870.0 860.0 1,400.0 850.0 840.0 1.60 830.0 +14.7% 820.0 810.0 800.0 1,300.0 790.0 78
Slide 11: Investment in R&D and Capex
Investment in R&D and Capex R&D investment1 (in € millions) Capex (in € millions) 56 0.0 54 0.0 52 0.0 50 0.0 429.4 +2.1 % 438.4 544.5 48 0.0 +4.4% 46 0.0 521.7 570.0 44 0.0 72.4 84.2 42 0.0 550.0 40 0.0 530.0 38 0.0 510.0 36 0.0 34 0.0 490.0 32 0.0 470.0 30 0.0 450.0 28 0.0 357.1 26 0.0 430.0 354.1
Slide 12: Free Cash Flow generation and leverage
Free Cash Flow generation and leverage Free Cash Flow1 (in € millions) Net Debt (in € millions) and Leverage (x)2 +14.5% 1.14x 0.92x 788.6 688.6 1,957.5 1,691.1 Sep YTD 2016 Sep YTD 2017 Dec 31, 2016 Sep 30, 2017 © 2017 Amadeus IT Holding and its affiliates and subsidiaries _ Increased Free Cash Flo
Slide 13: Q3 2017 Highlights
Q3 2017 Highlights © 2016 © 2017 Amadeus Amadeus IT Group IT Holding its affiliates its affiliates andand subsidiaries subsidiaries andand
Slide 14: Q3 Volumes
Q3 Volumes Amadeus TA Bookings (in millions) Amadeus TA Air Bookings by region +6.3% 153.5 144.4 LatAm, 14.4 WE, Volume growth (%) WE +1.4% CESE, 6.9% 13.9 35.0% Weight (%) 8.7% APAC +15.0% MEA, NA +9.5% 12.4% +6.6% 139.1 130.5 MEA +5.8% CESE +7.2% NA, 17.3% APAC, LatAm +5.7% 19.7% WE = Western Euro
Slide 15: Q3 revenue by segment
Q3 revenue by segment Group Revenue (in € millions) _ Group revenue expanded by 7.6%, +7.6% impacted by negative foreign exchange effects. Excluding FX, revenue grew at a 1,195.9 high single-digit rate. 1,111.1 _ Distribution revenue increase driven by higher volumes and expansive average pricing, t
Slide 16: Support materials
Support materials 16 © 2017 Amadeus IT Holding and its affiliates and subsidiaries
Slide 17: Key Performance Indicators
Key Performance Indicators Sept YTD Sept YTD % Change 2017 2016 Amadeus TA Air Bookings (m) 434.4 409.8 6.0% Passengers Boarded (m) 1,228.1 1,028.5 19.4% Revenue (€m) 3,686.6 3,386.5 8.9% EBITDA (€m) 1,466.3 1,332.1 10.1% Adjusted profit (€m) 846.7 738.1 14.7% © 2017 Amadeus IT Holding and its affil
Slide 18: Thank you!
Thank you! © 2017 Amadeus IT Holding and its affiliates and subsidiaries amadeus.com You can follow us on: amadeus.com/blog AmadeusITgroup