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Amadeus Jan-Jun 2022 Results July 29, 2022
Jan-Jun 2022 Results
July 29, 2022_This presentation may contain certain statements which arenot purely historical facts, including statements about anticipated or
expected future revenue and earnings growth .Any forward -looking statements inthis presentation are based upon information
available toAmadeus onthe date ofthis presentation .Any forward -looking statements involve risks and uncertainties that could
cause actual events orresults todiffer materially from theevents orresults described intheforward -looking statements .Amadeus
undertakes noobligation topublicly update orrevise anyforward -looking statements, whether asaresult ofnew information, future
events orotherwise .Readers arecautioned nottoplace undue reliance onforward -looking statements .
_The financial information included inthis document has been prepared inaccordance with International Financial Reporting
Standards (IFRS) and hasnotbeen audited .
_This presentation has tobeaccompanied byaverbal explanation .Asimple reading ofthis presentation without the appropriate
verbal explanation could give risetoapartial orincorrect understanding .Disclaimer
© 2022 Amadeus IT Group and its affiliates and subsidiaries
© 2022 Amadeus IT Group and its affiliates and subsidiaries
Q4 2021 Q1 2022 Q2 2022Free cash flow, as reported
Exc. implementation costs paid4
Costs paid221.9295.8495.8
Q4 2021 Q1 2022 Q2 202275.5 %3
444.63Q2 –Performance continues to strengthen
4Free cash flow (€m) Adjusted profit2(€m)EBITDA1(€m) Revenue (€m)
© 2022 Amadeus IT Group and its affiliates and subsidiaries46.1% 84.2 %
1.2021 EBITDA adjusted toexclude one-time costs related totheimplementation ofthecost saving program announced in2020 .2022 EBITDA isnotimpacted bycost saving program implementation costs .Seesection 3ofJan-Jun2022 Management Review .
2.Excludes after -taximpact of:(i)accounting effects derived from PPA exercises and impairment losses, (ii)non-operating exchange gains (losses), and (iii)other non-operating, non-recurring effects .In2021 ,italso excludes cost saving program
implementation costs .
3.Excluding theeffect from anon-refundable government grant received inthesecond quarter of2022 ,amounting to€51.2million (€38.9million post tax).
4.Adjusted toexclude cost saving program implementation costs paid, amounting to€17.9million and €6.1million inthefirst and second quarters of2022 ,respectively, and €40.1million inthefourth quarter of2021 .Seesections 3of2021 and Jan-Jun2022
Management Reviews formore details .809.8917.21,182.6
Q4 2021 Q1 2022 Q2 202260.4% % of 2019 83.2 % 65.2% 49.7%
Q4 2021 Q1 2022 Q2 202213.9% 74.8 % 28.4%
208.03136.93,4Exc. Grant
% of 2019Air Distribution
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