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Sabre Q4 revenue increases 4.8% to $923.9 million

02/12/2019| 10:43:23 PM| 中文

Sabre’s global bookings increased 6.4%, driven by 17.4% growth in Asia-Pacific.

Sabre announced financial results for the quarter and year ended December 31, 2018.

Fourth quarter 2018 highlights:

* Revenue increased 4.8% to USD 923.9 million

* Adjusted Operating Income increased 2.1% to USD 157.9 million

* Net income attributable to common stockholders increased 2.8% to $84.4 million

* Adjusted EPS grew 6.3% to $0.34

Full year 2018 highlights:

* Revenue increased 7.5% 

* Net income attributable to common stockholders increased 39.2% to $337.5 million

* Adjusted EPS grew 10.0% to $1.54

* Cash provided by operating activities increased 6.9% to $724.8 million

Travel Network

*Travel Network revenue increased 10.0% to $2.806 billion.

* Global bookings increased 6.4%, driven by 17.4% growth in Asia-Pacific, 5.4% growth in North America and 3.1% growth in EMEA. Latin American bookings declined 3.9%.

* Global air bookings share increased 120 basis points to 37.5%.

* Operating income increased 1.2% to $753.3 million, and operating income margin was26.8%.

Airline Solutions

* Airline Solutions revenue increased 0.8% to $822.7 million.

* Airline passengers boarded declined 2.5%.

* Operating income decreased 19.4% to $111.1 million, and operating income margin was 13.5%.

Hospitality Solutions

* Hospitality Solutions revenue increased 5.7% to $273.1 million

* Operating income increased 33.2% to $12.9 million, and operating income margin was 4.7%.

Full-Year 2019 Financial Guidance

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TAGS: Sabre | GDS | financial statement
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