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Amadeus IT Group SA (AMA.MC)

AMA.MC on Madrid SE C.A.T.S.

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Latest Key Developments (Source: Significant Developments)

Amadeus Issues Eurobond For 750 Million Euros
Thursday, 17 Sep 2020 

Sept 17 (Reuters) - Amadeus IT Group SA ::CARRIES OUT ISSUANCE OF AN EUROBOND (NOTE) ADMITTED TO TRADING ON THE LUXEMBOURG STOCK EXCHANGE FOR €750 MILLION.NET PROCEEDS OF THE BOND ISSUANCE WILL BE USED FOR OTHER GENERAL CORPORATE PURPOSE NEEDS.  Full Article

Amadeus Says Has Enough Liquidity To Sustain Severe Scenario With Air Traffic At -80%
Friday, 31 Jul 2020 

July 31 (Reuters) - Amadeus IT Group SA ::SAYS HAS ENDED THE TOUGHEST TRADING QUARTER IN ITS HISTORY - CEO.SAYS IS CONFIDENT HAS ENOUGH LIQUIDITY TO SUSTAIN SEVERE SCENARIO WITH AIR TRAFFIC AT -80% OF 2019 TRAFFIC THROUGHOUT 2020, 2021 AND BEYOND - CEO.  Full Article

Amadeus Says Number Of Passengers Boarded In Q2 Down By 93.9%
Friday, 31 Jul 2020 

July 31 (Reuters) - Amadeus IT Group SA ::AMADEUS AIR TRAVEL AGENCY (NET) BOOKINGS IN BOTH APRIL AND MAY WERE NEGATIVE AS CANCELLATIONS EXCEEDED GROSS BOOKINGS.IN Q2, AIR TRAVEL AGENCY BOOKINGS (NET) DECREASED BY 113.2%, DRIVING NEGATIVE DISTRIBUTION REVENUES IN THE QUARTER.CASH AND CASH EQUIVALENTS AS AT JUNE 30, 2020 AMOUNT TO 2,379.9 MILLION EUROS.IN Q2 AMADEUS PASSENGERS BOARDED DECLINED BY 93.9% RESULTING IN AN EVOLUTION OF -56.2% IN THE FIRST SIX MONTHS OF 2020.  Full Article

Amadeus H1 Net Result Turns To Loss Of 196.9 Mln Euros YoY
Friday, 31 Jul 2020 

July 31 (Reuters) - Amadeus IT Group :H1 NET LOSS 196.9 MILLION EUROS VERSUS PROFIT 594.4 MILLION EUROS YEAR AGO.H1 REVENUE 1.28 BILLION EUROS VERSUS 2.83 BILLION EUROS YEAR AGO.H1 EBITDA 194.1 MILLION EUROS VERSUS 1.20 BILLION EUROS YEAR AGO.  Full Article

Amadeus Q2 Revenue Down At 259.5 Mln Euros Versus 1.42 Bln Euros Year Ago
Friday, 31 Jul 2020 

July 31 (Reuters) - Amadeus IT Group SA ::Q2 REVENUE 259.5 MILLION EUROS VERSUS 1.42 BILLION EUROS YEAR AGO.Q2 ADJUSTED LOSS 231.0 MILLION EUROS VERSUS PROFIT 330.2 MILLION EUROS YEAR AGO.Q2 EBITDA LOSS 155.4 MILLION EUROS VERSUS PROFIT 588.8 MILLION EUROS YEAR AGO.  Full Article

Amadeus Granted 200 Mln Euro Senior Loan From European Investment Bank
Wednesday, 1 Jul 2020 

July 1 (Reuters) - Amadeus IT Group SA ::SIGNS 200 MILLION EUROS SENIOR LOAN FROM EUROPEAN INVESTMENT BANK (EIB) WITH A MATURITY DATE OF BETWEEN FOUR AND SEVEN YEARS FROM THE DISPOSAL DATE IF REPAID IN ONE SINGLE INSTALLMENT, AND UP TO TWELVE YEARS IF REPAID ON A REGULAR BASIS BY INSTALLMENTS, AT AMADEUS' CHOICE.LOAN WILL BE USED TO FINANCE RESEARCH ACTIVITIES AND DEVELOPMENT FOR A VARIETY OF NEW TECHNOLOGY SOLUTIONS TO BE CARRIED OUT BY AMADEUS IN 2020 AND 2021.  Full Article

Amadeus Issues 1 Bln Euros In Two Eurobonds In Luxembourg
Wednesday, 13 May 2020 

May 13 (Reuters) - Amadeus IT Group SA ::ISSUES TWO EUROBONDS (NOTES) FOR A TOTAL VALUE OF 1 BILLION EUROS ON LUXEMBOURG STOCK EXCHANGE UNDER CO'S EMTN PROGRAMME.FIRST ISSUE HAS NOMINAL VALUE OF 500 MILLION EUROS AND FOUR-YEAR MATURITY, WITH ISSUE PRICE BEING 99.902% OF ITS NOMINAL VALUE.SECOND ISSUE HAS NOMINAL VALUE OF 500 MILLION EUROS AND 7-YEAR MATURITY WITH ISSUE PRICE BEING 99.894% OF ITS NOMINAL VALUE.PAYMENT AND CLOSING OF TWO ISSUANCES PLANNED TO TAKE PLACE ON MAY 20, 2020.FOLLOWING BOND ISSUANCES, 1 BILLION EUROS BRIDGE LOAN ANNOUNCED ON MARCH 23 TO BE PARTIALLY CANCELLED FOR AMOUNT OF 500 MILLION EUROS.NET PROCEEDS OF THE BOND ISSUANCES WILL BE USED FOR OTHER GENERAL CORPORATE PURPOSE NEEDS.  Full Article

Amadeus Says Travel Agency Air Bookings Down By 47.7% At End-March
Tuesday, 12 May 2020 

May 12 (Reuters) - Amadeus IT Group SA ::IN DISTRIBUTION, ITS TRAVEL AGENCY AIR BOOKINGS DECREASED BY 47.7%, TO 85.0 MILLION AT END-MARCH.IN IT SOLUTIONS, PASSENGERS BOARDED DECLINED 12.0%, TO 383.9 MILLION AT END-MARCH.  Full Article

Amadeus Q1 Adjusted Net Profit Down At 141.8 Mln Euros YoY
Tuesday, 12 May 2020 

May 12 (Reuters) - AMADEUS ::Q1 ADJUSTED NET PROFIT 141.8 MILLION EUROS VERSUS 333.8 MILLION EUROS YEAR AGO.Q1 EBITDA 349.4 MILLION EUROS VERSUS 595.6 MILLION EUROS YEAR AGO.Q1 REVENUE 1.02 BILLION EUROS VERSUS 1.41 BILLION EUROS YEAR AGO.  Full Article

Amadeus Raises 1.5 Bln Euros in Capital Increase and in Convertible Bonds
Friday, 3 Apr 2020 

April 3 (Reuters) - Amadeus IT Group SA said on Thursday::IT RAISED 750 MLN EUROS SELLING 19.2 MILLION NEW SHARES .IT SOLD SHARES AT 39 EUROS EACH.ISSUE PRICE REPRESENTS DISCOUNT OF 5.8% OVER THURSDAY'S CLOSING PRICE OF COMPANY'S SHARES WHICH WAS 41.39 EUROS.CAPITAL INCREASE REPRESENTS ABOUT 4.5% OF AMADEUS' SHARE CAPITAL BEFORE CAPITAL INCREASE AND ABOUT 4.3% AFTER IT.IT RAISED 750 MLN EUROS IN CONVERTIBLE BONDS .THE BONDS WILL BE ISSUED AT PAR AND WILL CARRY A COUPON OF 1.5% PER ANNUM PAYABLE SEMIANNUALLY IN ARREAR IN EQUAL INSTALMENTS .THE BONDS WILL BE CONVERTIBLE INTO SHARES WITH AN INITIAL CONVERSION PRICE WHICH HAS BEEN SET AT 54.60 EUROS, REPRESENTING A 40% PREMIUM ABOVE THE ISSUE PRICE OF SHARE IN THE CAPITAL. Source text: https://bit.ly/3bSTB3b.  Full Article

Travel technology firm Amadeus reports smaller-than-expected loss

Spanish travel technology firm Amadeus' reported its first loss in a decade in the second quarter when airlines around the world were grounded due to the COVID-19 pandemic, but the loss was less than expected.