Amadeus IT Holding has reported adjusted profit for the year ended December 31st grew 9.9 per cent to €681 million.
This was backed by an increase in revenue of 10.1 per cent, to €3,418 million, and EBITDA growth of 9.9 per cent, to €1,306 million.
Luis Maroto, president and chief executive of Amadeus, commented: “Amadeus’ results and focus clearly indicate that we remain a trusted partner at the heart of the travel industry.
“Our core businesses continued to showcase strength, with market share gains in Distribution especially in North America and Asia-Pacific.
“Our long-term commitment to low-cost and hybrid carriers gained further momentum, with a 16 per cent booking increase year-on-year and a landmark partnership with Ryanair.”
Asia-Pacific continued to be the main driver of growth for IT Solutions, supported by the migration of Korean Air later in the year.
The deal will expand further with the scheduled migration of a number of Asian carriers in the coming years, such as Japan Airlines and the international passengers business of All Nippon Airways.
Maroto added: “Our continued efforts and focus on North America led to the groundbreaking Southwest Airlines domestic contract.”