Slide 1: Amadeus Jan-Sep 2022 Results
Amadeus Jan-Sep 2022 Results November 4, 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: Q3 – Financial performance overview
Q3 – Financial performance overview Revenue (€m) EBITDA (€m) % of 2019 65.2% 83.2% 86.8% % of 2019 49.7% 84.2% 79.5% 75.5%1 1,182.6 1,217.6 Exc. grant 444.61 917.2 495.8 450.4 295.8 Q1 2022 Q2 2022 Q3 2022 Q1 2022 Q2 2022 Q3 2022 Adjusted profit2 (€m) Free cash flow (€m) % of 2019 28.4% 74.8% 68.0%
Slide 5: Air Distribution
Air Distribution Developments 2022 Amadeus bookings (as a % of 2019 bookings) _ Renewed / signed 20 distribution agreements, including American Airlines (49 in the 90% Quarterly Q3 Monthly 75.0% 75.3% 75.8% 77.3% 77.6% year-to-date). 80% 73.6% _ Lufthansa Group NDC-sourced content available from Q4
Slide 6: Air IT Solutions
Air IT Solutions Developments 2022 Amadeus PB (as a % of 2019 PB) Airline IT 100% _ Bamboo Airways contracted for the Altéa PSS, Revenue Management and Digital 85.2% 85.8% 90% 82.0% 83.6% Experience solutions. 77.7% 80% _ Solutions upselling in the quarter: Korean Air (Amadeus Customer Loyalty Suite
Slide 7: Hospitality & Other Solutions (HOS)
Hospitality & Other Solutions (HOS) Developments and Performance Quarterly revenue as % of 2019 revenue _ Q3 2022 revenue: 99.2% of Q3 2019 levels, a 4.8 p.p. enhancement over Q2 2022. 99.2% 100% 94.4% _ Continued hospitality industry strengthening, with global hotel weekly occupancies 84.8% over 20
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: -13.2% in Q3 2022 vs. 2019, advancing from -16.8% in Q2, driven by continued % Growth strengthening of revenue growth across segments. (34.8%) (16.8%) (13.2%) _ Air Distribution revenue: -19.3% in Q3 2022 vs. 2019, advancing fr
Slide 10: EBITDA and Adjusted profit
EBITDA and Adjusted profit EBITDA (€ millions) Adj. Profit2 (€ millions) & Adj. EPS2 (€) % Growth (50.3%) (15.8%) (20.5%) % Growth (71.6%) (25.2%) (32.0%) vs. 2019 (24.5%)1 vs. 2019 (37.0%)1 Exc. Grant 208.01 Exc. grant 444.61 450.4 246.9 219.6 495.8 295.8 95.0 Q1 2022 Q2 2022 Q3 2022 Q1 2022 Q2 202
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 Free cash flow, as reported vs. PY 13.0% 26.5% 47.3% Exc. implementation costs paid2 323.9 139.2 145.5 117.6 7.4 10.3 6.3 188.1 Exc. grant and 143.3 impl.costs paid 320.5 136.92,3 131.8 135.2 111.3 182.0 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 Jul-Sep Change vs. Change vs. Jan-Sep Change vs. Change vs. 2022 Q3’211 Q3’19 20222 SepYTD’211 SepYTD’19 Amadeus bookings (m) 99.8 72.5% (28.3%) 300.7 116.8% (32.7%) Passengers Boarded (m) 459.1 69.5% (16.5%) 1,119.8 98.9% (25.2%) Revenue (€m) 1,217.6 64.7% (13.2%) 3,317.4
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