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Amadeus sees double-digit jumps all over fiscal 2023
Feb. 29, 2024, 8:15 p.m. | Jim Nash
Biometric Update www.biometricupdate.com
Travel-industry IT company Amadeus has reported a 68.3 percent jump in annual profit, comparing 2023 to 2022. Revenue rose a respectable 21.3 percent over the same period.
Spain-based Amadeus has a diverse portfolio of IT services, including biometric verification.
For the fiscal year ended December 31, 2023, executives reported a profit of €1 billion (US$1 billion), or an adjusted earnings per share of €2.51 ($2.71), on revenue of €5.4 billion ($5.8 billion).
That compares with a profit of €625.1 million …
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