Nov 07, 2023 / 12:00PM GMT
Operator
Welcome to the Amadeus Q3, 2023 Presentation Webcast. The management of Amadeus will run you through the presentation, which will be followed by a question-and-answer session. (Operator Instructions) I'm now pleased to hand you over to Mr. Luis Maroto, President and CEO of Amadeus. Please go ahead, sir. Thank you.
Luis Maroto Camino - Amadeus IT Group, S.A. - President, CEO & Executive Director
Good afternoon. Welcome to our third quarter results presentation. Thank you for joining us today. I'm joined by Till. As usual, I will start with an overview of our most important developments, and Till will elaborate on the key financial details.
Please turn to Slide 4 to start with an overview of our results. For the first 9 months of '23, Amadeus continue to deliver steady financial performance. Group revenue increased by 23%, EBITDA grew 34% and adjusted profit expanded by 68%, supporting a 50% increase in free cash flow generation compared to prior year. Our strong free cash flow generation resulted in net financial debt amounting to EUR 2.1 billion at
Q3 2023 Amadeus IT Group SA Earnings Call Transcript
Nov 07, 2023
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