Amadeus shareholders have approved an annual dividend of €165.6 million.
Amadeus dividend approved by shareholders
Amadeus shareholders have approved an annual dividend of €165.6 million.
This represents a pay-out of 36% of the company’s 2011 reported profit.
President and chief executive Luis Maroto said: “Despite 2011 presenting a challenging global economic environment, Amadeus achieved a healthy growth in revenue, EBITDA and adjusted profit from continuing operations.
“Shareholder remuneration is important for Amadeus. Following today’s approval, the 2011 dividend to our shareholders will amount to €165.6 million (€0.37 per share), 23% higher than the previous year.
“Once again I would like to thank our customers for their support and partnership, alongside our investors for their continued backing. I would also like to give recognition to Amadeus’s most important asset, our employees, whose talent, commitment and enthusiasm are key to our success.”