Amadeus continually strives to ensure open and constructive communication with all capital markets participants, as well as transparency in relation to the company's performance.
Through the Investor Relations Department, which forms part of the Finance Department, the company maintains on going dialogue with the financial community, including analysts (both sell side and buy side), current and potential investors (both large institutional and minority shareholders), debt holders, credit rating agencies and other market constituencies such as the Spanish stock market regulator (the CNMV).
The Investors Relations key role is to increase Amadeus' visibility in capital markets, at the same time as keeping different parties informed of the most relevant news for the company and the industry, competitive dynamics and the operating and financial performance of the company. Effective and simple communication is key, as well as the ability to build long-term relationships based on credibility and trust. It is also important to set relevant and realistic performance expectations within the financial community, and to be forthcoming with relevant information, in order to avoid unnecessary volatility in share price performance.
In addition, our Investors Relations team supports management in their decision making by taking into account feedback received from the above mentioned financial community.
In order to achieve the above mentioned objectives, in 2011 the Investors Relations team had intense activity through numerous one-on-one meetings, road shows worldwide and conferences in key financial centres.
Investors and other market participants can find extensive information about Amadeus, and the Amadeus shares and bonds, on our web page. The Amadeus Investors Relations website (www.investors.amadeus.com) was developed in accordance with the "Circular 1/2004 17 Marzo de la CNMV" and IR Best Practice Web guidelines. The website, which is regularly updated with the latest significant corporate and financial events surrounding our performance and is available in both Spanish and English, contains relevant information, including specific sections such as:
During 2011 there were a total of 140,000 page views (representing close to a 50% increase vs. 2010) and more than 37,000 unique visitors (28% higher than in 2010) to the Investor Relations website.