Sabre Holdings Corporation posted $655 million revenue for the fourth quarter, up six percent year-over-year. (2/2/2007)
Revenue for full-year 2006 was $2.8 billion, an increase of 12 percent year-over-year.
“We successfully executed on the financial and strategic plans we laid out at the beginning of 2006,” said Sam Gilliland, chairman and chief executive officer, Sabre Holdings. “We look forward to this next phase of Sabre’s future as we remain on track to become a privately-held company.”
For the fourth quarter, net earnings, on an adjusted basis, were $58 million, or $0.43 per share, compared to $28 million, or $0.22 per share in the fourth quarter of 2005. For 2006, net earnings, on an adjusted basis, were $233 million, or $1.77 per share, compared to $196 million, or $1.50 per share in 2005.
For 2006, Travelocity global gross travel booked was $10.1 billion, an increase of 35 percent year-over-year. Total global revenue for the year was $1.1 billion, year-over-year growth of 31 percent. Travelocity had operating income on an adjusted basis of $73 million with an operating margin of seven percent.
For 2006, revenue from Sabre Travel Network was $1.63 billion, an increase of one percent from $1.61 billion a year ago. Global transactions were 357 million, growth of four percent year-over-year. Revenue from Sabre Airline Solutions was $283 million, an increase of eight percent from $261 million a year ago.