Amadeus Reports Better Than Expected Q4 Core Profit
Amadeus reported a fourth-quarter core profit of 577.9 million euros on Friday. The result exceeded the average analyst estimate of 555.6 million euros.
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The travel technology provider AMADEUS IT GROUP SA, based in Spain, reported a fourth-quarter core profit on Friday that exceeded market expectations. The company announced that its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) reached 577.9 million euros ($682.2 million) during the final quarter of the year. This performance surpassed the average analyst estimate of 555.6 million euros, according to data compiled by LSEG.
