Amadeus shareholders have approved an annual dividend of -'¬134.3 million.
This represents a pay-out of 35% of the 2010 reported profit for the year and has a value of -'¬0.30 per share and will be paid on July 27.
President & CEO Luis Maroto said: -¬---2010 was a positive year for Amadeus, firstly because of the success of our return to the stock market, but also because our transaction-based model again proved adaptable and allowed us to benefit from the improvement in global travel.
-¬---As a result, we further strengthened our financial position by substantially reducing our financial debt and our adjusted profit for the year grew by 24.3% to total -'¬427.4 million.-¬~
By Bev Fearis
Monday, June 27, 2011