Amadeus records solid growth, showcasing its business strength and global presence

Amadeus continued its positive performance during the first quarter of 2025. Group revenue increased by 9%, operating profit and adjusted operating profit increased by 10%, profit increased by 13%, and adjusted profit grew by 12%. Free cash flow stood at €262 million in the first quarter of 2025, resulting in net financial debt of €1,875 million as of March 31, 2025, equivalent to 0.8 times trailing twelve-month EBITDA.

Luis Maroto, CEO of Amadeus, commented:

"In the dynamic global environment, and despite the high degree of uncertainty, Amadeus demonstrated resilience and growth, thanks to our commercial success and global presence in the travel sector. We delivered strong results across all our business areas, with particularly significant growth in Asia-Pacific. We are ready for 2025 and confidently face the rest of the year. We remain focused on delivering on our commitments while continuing to enhance the value we create for our customers."

Business Development
During the quarter, Amadeus' progress was supported by the solid and continued performance of each of its business areas: Air Distribution, Technology Solutions for the Airline Industry, and Hotels and Other Solutions.

The Air Distribution business recorded 8% revenue growth in the first quarter of 2025, driven by a 2.5% increase in bookings and a 5% increase in revenue per booking. Amadeus achieved solid booking growth in the quarter, thanks to commercial success in all regions.
Growth was particularly strong in the Asia-Pacific region, where bookings increased by 10%.

Airline Technology Solutions revenue increased 11% in the quarter, driven by a 5.5% increase in passengers boarded in the Airline Technology Solutions business and a 5% increase in revenue per passenger boarded.

The company experienced a strong increase in passenger boarding in several regions, especially in Asia-Pacific, where it reached 12%. The positive growth in passenger boarding was driven by global air traffic growth in the quarter and the positive impact of customer deployments.

Similarly, passenger revenue reflects positive pricing effects, the success of selling additional solutions to customers, and continued expansion into airport technology solutions and airline consulting services.

Finally, revenue from the Hotels and Other Solutions business grew 11% in the first quarter of 2025. Both the hotels and payments areas posted healthy growth throughout the quarter, driven by increased transactions and implementations with new customers.

Source: Amadeus.