LANGLEY, U.K., February 22, 2019 — Travelport Worldwide Limited (NYSE: TVPT) today announced its financial results for the fourth quarter and full year ended December 31, 2018.
Key Points (for full year 2018 unless stated otherwise)
· Net revenue increased 4% to $2,551 million, including Travel Commerce Platform revenue growth of 5% to $2,454 million
· Net income decreased 46% to $75 million; Adjusted EBITDA was flat at $590 million
ATLANTA, February 19, 2019: Travelport (NYSE: TVPT), a leading travel commerce platform, announced today that it has renewed its long-standing, successful partnership with BCD Travel. With this new agreement, Travelport Digital will continue to collaborate on BCD Travel’s digital traveler engagement solution, TripSource, making it the preferred way to manage all aspects of business travel.
LANGLEY, U.K., February 6, 2019: Travelport Worldwide Limited (NYSE: TVPT), a leading travel technology company, today announced that it will release its fourth quarter 2018 earnings results prior to the market opening on Friday, February 22, 2019. Further to the Company’s announcement on December 10, 2018 of an agreement to be acquired by affiliates of Siris Capital Group, LLC and Evergreen Coast Capital Corp., there will be no earnings conference call in respect of the Company’s earnings results.
Travelport Worldwide Limited Announces Special General Meeting of Shareholders to be Held on March 15, 2019 and Confirms Expiration of “Go-Shop” Period
LANGLEY, U.K., January 30, 2019: Travelport Worldwide Limited (“Travelport”) (NYSE: TVPT), a leading travel technology company, today announced that it has established a meeting date of March 15, 2019, for a special general meeting (the “Special General Meeting”) of its shareholders of record as of February 4, 2019 (the “Record Date”) to, among other things, consider and vote on a proposal to approve the previously announced Agreement and Plan of Merger (the “Merger Agreement”), dated as of December 9, 2018, by and among Travelport, Toro Private Holdings III, Ltd., and
Langley, UK, 30 January 2019: Following the successful implementation of its NDC roadmap during 2018, Travelport (NYSE:TVPT), the leading travel commerce platform, has completed the onboarding of the first group of travel agencies to receive access to NDC content.
ATLANTA, December 17, 2018: Travelport (NYSE: TVPT), a leading Travel Commerce Platform, announced today an extended partnership with
Travelport Worldwide Limited announces agreement to be acquired by affiliates of Siris Capital Group, LLC and Evergreen Coast Capital Corp. in all-cash transaction valued at approximately $4.4 billion
- Agreement with Siris Capital and Evergreen Coast Capital
- Travelport to continue technical innovation under private ownership
- Guidance updated. Acquisition expected to close Q2 2019
LANGLEY, U.K., December 10, 2018: Travelport Worldwide Limited (“Travelport”) (NYSE: TVPT), a leading travel technology company, today announced that it has entered into a definitive agreement to be acquired by affiliates of Siris Capital Group, LLC (“Siris”) and Evergreen Coast Capital Corp.