Amadeus is celebrating the company’s strongest trading results in its 40-year history.
The award-winning caterer has delivered an impressive year of growth with a 20% increase in revenue from 2015/16 and 44% growth in EBITDA.
As the caterer for the NEC Group – one of the world’s top venue management companies – Amadeus has seen record successes across the Group’s home venues, with EBITDA increasing by nearly a third (29%) at the National Exhibition Centre (NEC) and over a quarter (26%) at the International Convention Centre (ICC).
There has also been exponential growth in the company’s external venues business over the last year. 2016/2017 saw Amadeus secure a record amount of new contracts totalling over £30m, including the East of England Arena and Event Centre, Delapré Abbey Preservation Trust and Compton Verney art gallery.
It also won two major contracts in Northern Ireland to provide catering and hospitality services for Belfast Waterfront and sister venue Ulster Hall and a further four visitor attractions including Belfast Zoo, Belfast Castle, Malone House and the Stables coffee shop in Sir Thomas and Lady Dixon Park.
These achievements add to the company’s last five years of success, which has seen Amadeus revenues grow from £25m to £42.2m and profit by 223% under Managing Director Kevin Watson’s leadership.
Kevin, who has led an ambitious growth strategy since taking on the directorship in 2012, said:
“This is an exciting time for Amadeus as we continue to expand at pace and is testament to the unique and brilliant team we have.
“Investments in new technology to improve the customer service across our venues and extensive staff training and development has played a key role in the company’s growing success. We are set to expand further in the coming year with an exciting pipeline on the horizon.”
Amadeus delivers catering solutions to venues and event organisers who want to provide visitors with a unique and memorable food experience. Unlike its competitors, Amadeus does this differently by drawing on 40 years’ experience operating in venues and creating events as part of the NEC Group.