Board Change • Jul 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 4 highly experienced directors. Independent Director Leo Puri was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jun 24
Upcoming dividend of €0.82 per share Eligible shareholders must have bought the stock before 01 July 2026. Payment date: 03 July 2026. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of British dividend payers (5.6%). Higher than average of industry peers (2.4%). Reported Earnings • May 11
First quarter 2026 earnings released: EPS: €0.83 (vs €0.80 in 1Q 2025) First quarter 2026 results: EPS: €0.83 (up from €0.80 in 1Q 2025). Revenue: €1.68b (up 3.1% from 1Q 2025). Net income: €357.0m (flat on 1Q 2025). Profit margin: 21% (in line with 1Q 2025). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Ankündigung • Apr 30
Amadeus IT Group, S.A. (BME:AMS) signed a letter of intent to acquire IDEMIA France SAS for €1.4 billion. Amadeus IT Group, S.A. (BME:AMS) signed a letter of intent to acquire IDEMIA France SAS for €1.4 billion on April 29, 2026. Under the terms of the transaction, Amadeus IT Group will acquire IDEMIA France for €1.2 billion. Additionally, there is an agreed earn-out structure supporting long-term value alignment between both parties which could take total consideration up to €1.35 billion. IDEMIA France reported sales of approximately €730 million.
The intended acquisition is subject to customary closing conditions, including regulatory approvals, with closing expected mid-2027.
BNP Paribas acted as financial advisor to Amadeus in the transaction. Rothschild & Co and Goldman Sachs acted as financial advisors to sell side in the transaction. Declared Dividend • Apr 27
Final dividend of €0.82 announced Shareholders will receive a dividend of €0.82. Ex-date: 1st July 2026 Payment date: 3rd July 2026 Dividend yield will be 2.5%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 7.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Apr 26
Amadeus IT Group, S.A., Annual General Meeting, Jun 02, 2026 Amadeus IT Group, S.A., Annual General Meeting, Jun 02, 2026. Location: calle salvador de madariaga, 1, madrid., Spain Reported Earnings • Mar 02
Full year 2025 earnings released: EPS: €3.04 (vs €2.87 in FY 2024) Full year 2025 results: EPS: €3.04 (up from €2.87 in FY 2024). Revenue: €6.52b (up 6.1% from FY 2024). Net income: €1.34b (up 6.6% from FY 2024). Profit margin: 21% (in line with FY 2024). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Ankündigung • Feb 26
Amadeus IT Group, S.A. (BME:AMS) acquired Jarvis Industries, Inc. Amadeus IT Group, S.A. (BME:AMS) acquired Jarvis Industries, Inc. on February 25, 2026.
Amadeus IT Group, S.A. (BME:AMS) completed the acquisition of Jarvis Industries, Inc. on February 25, 2026. Ankündigung • Jan 21
Amadeus IT Group, S.A. to Report Fiscal Year 2026 Results on Feb 25, 2027 Amadeus IT Group, S.A. announced that they will report fiscal year 2026 results on Feb 25, 2027 Upcoming Dividend • Jan 07
Upcoming dividend of €0.43 per share Eligible shareholders must have bought the stock before 14 January 2026. Payment date: 16 January 2026. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of British dividend payers (5.6%). In line with average of industry peers (2.4%). Declared Dividend • Dec 22
Dividend of €0.43 announced Shareholders will receive a dividend of €0.43. Ex-date: 14th January 2026 Payment date: 16th January 2026 Dividend yield will be 1.8%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 7.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 27% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Nov 12
Now 21% overvalued Over the last 90 days, the stock has fallen 5.1% to €67.58. The fair value is estimated to be €55.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 26%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are also forecast to grow by 9.1% per annum over the same time period. Reported Earnings • Nov 10
Third quarter 2025 earnings released: EPS: €0.82 (vs €0.79 in 3Q 2024) Third quarter 2025 results: EPS: €0.82 (up from €0.79 in 3Q 2024). Revenue: €1.64b (up 5.6% from 3Q 2024). Net income: €360.8m (up 5.5% from 3Q 2024). Profit margin: 22% (in line with 3Q 2024). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. New Risk • Nov 10
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 44% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company. New Risk • Sep 19
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 03
Second quarter 2025 earnings released: EPS: €0.84 (vs €0.77 in 2Q 2024) Second quarter 2025 results: EPS: €0.84 (up from €0.77 in 2Q 2024). Revenue: €1.63b (up 4.6% from 2Q 2024). Net income: €372.1m (up 11% from 2Q 2024). Profit margin: 23% (up from 22% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 25
Upcoming dividend of €0.72 per share Eligible shareholders must have bought the stock before 02 July 2025. Payment date: 04 July 2025. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of British dividend payers (5.6%). In line with average of industry peers (2.1%). Ankündigung • May 21
Amadeus IT Group, S.A. (BME:AMS) acquired Forward Data S.L. Amadeus IT Group, S.A. (BME:AMS) acquired Forward Data S.L. in week 20, 2025.
Amadeus IT Group, S.A. (BME:AMS) acquired Forward Data S.L. in week 20, 2025. Reported Earnings • May 10
First quarter 2025 earnings released: EPS: €0.80 (vs €0.70 in 1Q 2024) First quarter 2025 results: EPS: €0.80 (up from €0.70 in 1Q 2024). Revenue: €1.63b (up 9.1% from 1Q 2024). Net income: €355.3m (up 13% from 1Q 2024). Profit margin: 22% (in line with 1Q 2024). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Declared Dividend • Apr 27
Final dividend of €0.72 announced Shareholders will receive a dividend of €0.72. Ex-date: 2nd July 2025 Payment date: 4th July 2025 Dividend yield will be 1.6%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (61% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Apr 25
Amadeus IT Group, S.A., Annual General Meeting, Jun 03, 2025 Amadeus IT Group, S.A., Annual General Meeting, Jun 03, 2025. Location: calle salvador de madariaga 1, madrid Spain Ankündigung • Apr 04
Amadeus IT Group, S.A. to Report Second Half, 2025 Results on Feb 27, 2026 Amadeus IT Group, S.A. announced that they will report second half, 2025 results on Feb 27, 2026 Reported Earnings • Feb 28
Full year 2024 earnings released: EPS: €2.87 (vs €2.50 in FY 2023) Full year 2024 results: EPS: €2.87 (up from €2.50 in FY 2023). Revenue: €6.14b (up 13% from FY 2023). Net income: €1.25b (up 12% from FY 2023). Profit margin: 20% (in line with FY 2023). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Ankündigung • Feb 08
Amadeus IT Group, S.A. Appoints Carol Borg as Group Chief Financial Officer, Effective 5 May, 2025 Ricardo Plc (Ricardo) announced that Carol Borg (Non-Executive Director and Audit Chair) has accepted a full-time role as the Group Chief Financial Officer of AMADEUS IT GROUP, S.A. Carol will commence her appointment on 5th May, 2025. Upcoming Dividend • Jan 08
Upcoming dividend of €0.41 per share Eligible shareholders must have bought the stock before 15 January 2025. Payment date: 17 January 2025. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of British dividend payers (5.8%). In line with average of industry peers (2.1%). Declared Dividend • Dec 23
Dividend of €0.41 announced Shareholders will receive a dividend of €0.41. Ex-date: 15th January 2025 Payment date: 17th January 2025 Dividend yield will be 1.6%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (28% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 9.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 10
Third quarter 2024 earnings released: EPS: €0.78 (vs €0.67 in 3Q 2023) Third quarter 2024 results: EPS: €0.78 (up from €0.67 in 3Q 2023). Revenue: €1.55b (up 11% from 3Q 2023). Net income: €342.0m (up 14% from 3Q 2023). Profit margin: 22% (in line with 3Q 2023). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Ankündigung • Oct 08
Amadeus IT Group, S.A. to Report Q3, 2024 Results on Nov 07, 2024 Amadeus IT Group, S.A. announced that they will report Q3, 2024 results at 8:00 AM, Central European Standard Time on Nov 07, 2024 Ankündigung • Sep 18
Content Trip Solutions S.L. acquired AVUXI from Big Sur Ventures, Amadeus Ventures managed by Ascension Ventures Limited, Amadeus IT Group, S.A. (BME:AMS) and BSV I. Content Trip Solutions S.L. acquired AVUXI from Big Sur Ventures, Amadeus Ventures managed by Ascension Ventures Limited, Amadeus IT Group, S.A. (BME:AMS) and BSV I on September 16, 2024.
Content Trip Solutions S.L. completed the acquisition of AVUXI from Big Sur Ventures, Amadeus Ventures managed by Ascension Ventures Limited, Amadeus IT Group, S.A. (BME:AMS) and BSV I on September 16, 2024. Reported Earnings • Aug 01
Second quarter 2024 earnings released: EPS: €0.79 (vs €0.62 in 2Q 2023) Second quarter 2024 results: EPS: €0.79 (up from €0.62 in 2Q 2023). Revenue: €1.56b (up 13% from 2Q 2023). Net income: €334.1m (up 19% from 2Q 2023). Profit margin: 22% (up from 20% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Jul 05
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to €63.36. The fair value is estimated to be €52.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.8% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Ankündigung • Jun 26
Amadeus IT Group, S.A. to Report First Half, 2024 Results on Jul 31, 2024 Amadeus IT Group, S.A. announced that they will report first half, 2024 results on Jul 31, 2024 Buy Or Sell Opportunity • May 09
Now 22% overvalued Over the last 90 days, the stock has fallen 3.8% to €61.74. The fair value is estimated to be €50.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.2% per annum. Earnings are also forecast to grow by 10% per annum over the same time period. Reported Earnings • May 08
First quarter 2024 earnings released: EPS: €0.72 (vs €0.58 in 1Q 2023) First quarter 2024 results: EPS: €0.72 (up from €0.58 in 1Q 2023). Revenue: €1.50b (up 14% from 1Q 2023). Net income: €313.9m (up 20% from 1Q 2023). Profit margin: 21% (in line with 1Q 2023). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Declared Dividend • May 01
Final dividend of €0.65 announced Shareholders will receive a dividend of €0.65. Ex-date: 2nd July 2024 Payment date: 4th July 2024 Dividend yield will be 1.7%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Ankündigung • Apr 28
Amadeus IT Group, S.A., Annual General Meeting, Jun 05, 2024 Amadeus IT Group, S.A., Annual General Meeting, Jun 05, 2024, at 11:00 Central European Standard Time. Location: registered address located at calle Salvador de Madariaga 1, 28027 Madrid Madird Spain Agenda: To consider Examination and approval, if applicable, of the Annual Accounts balance sheet, profit and loss account, statement of changes in equity during the period, cash flow statement and annual report and Directors' Report of the Company, consolidated Annual Accounts and consolidated Directors' Report of its Group of companies, all of them related to the financial year ended 31 December 2023; to approval, if applicable, of the non-financial information statement related to the financial year ended 31 December 2023; to consider directors' Remuneration Report 2023; to consider Re-election of Directors; and to consider other matters. Ankündigung • Apr 10
Amadeus IT Group, S.A. (BME:AMS) complected the acquisition of Vision Box - Soluções De Visão Por Computador, S.A. from Keensight Capital and others. Amadeus IT Group, S.A. (BME:AMS) agreed to acquire Vision Box - Soluções De Visão Por Computador, S.A. from Keensight Capital and others for an Enterprise Value of approximately €320 million on January 31, 2024. The acquisition of Vision-Box will bring new capabilities around biometrics hardware and software, adding border control solutions to the Amadeus portfolio. Through this combined offering with Vision-Box, Amadeus will now be able to deliver a full end-to-end seamless passenger experience from booking to arrival at the airport, through border control and boarding. Vision-Box, which is a fast-growing global business with expected revenues of €70 million, and an estimated normalized EBITDA of close to €20 million in 2023. As part of this acquisition, approximately 470 Vision-Box employees will transfer to Amadeus. The deal is subject to customary regulatory approvals and is expected to close in H1 2024.Houlihan Lokey served as the exclusive financial advisor to Keensight Capital and the Vision-Box teams, successfully assisting in initiating, structuring, and negotiating the transaction. Nuno Azevedo Neves, Stéphanie Sá Silva, João Costa Quinta, Daniel Reis, Margarida Leitão Nogueira, Catarina Santos Ferreira, Miguel Mendes Pereira, Vanessa Antunes, Ana Carvalho and associate Ana Carolina Fernandes of DLA Piper advised as legal advisor to the co-founders of Vision Box and Keensight Capital. Francisco Alvim of Howden Portugal acted as financial advisor and Linklaters LLP acted as legal advisor to Amadeus IT Group, S.A. Amadeus IT Group, S.A. (BME:AMS) completed the acquisition of Vision Box - Soluções De Visão Por Computador, S.A. from Keensight Capital and others on April 8, 2024. The deal has now received all necessary regulatory approvals in all relevant markets. Vision-Box’s Founder and CEO, Miguel Leitmann, will now join Amadeus, together with its 470 employees. Miguel Leitmann will report to Decius Valmorbida, President, Travel, Amadeus, and Vision-Box solutions will become part of Amadeus’ portfolio offering for airports & airlines. Ankündigung • Apr 06
Amadeus IT Group, S.A. to Report Q1, 2024 Results on May 08, 2024 Amadeus IT Group, S.A. announced that they will report Q1, 2024 results on May 08, 2024 Ankündigung • Mar 12
Amadeus IT Group, S.A. (BME:AMS) acquired Voxel Group for approx. €113 million. Amadeus IT Group, S.A. (BME:AMS) acquired Voxel Group for approx. €113 million on March 11, 2024. In 2023 Voxel Group has an annual revenue of revenues of €18 million in 2023. As part of this acquisition, approximately 200 Voxel employees will join Amadeus.Amadeus IT Group, S.A. (BME:AMS) completed the acquisition of Voxel Group on March 11, 2024. Reported Earnings • Feb 29
Full year 2023 earnings released: EPS: €2.50 (vs €1.48 in FY 2022) Full year 2023 results: EPS: €2.50 (up from €1.48 in FY 2022). Revenue: €5.44b (up 21% from FY 2022). Net income: €1.12b (up 68% from FY 2022). Profit margin: 21% (up from 15% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Ankündigung • Feb 01
Amadeus IT Group, S.A. (BME:AMS) agreed to acquire Vision Box - Soluções De Visão Por Computador, S.A. from Keensight Capital and others for an Enterprise Value of approximately €320 million. Amadeus IT Group, S.A. (BME:AMS) agreed to acquire Vision Box - Soluções De Visão Por Computador, S.A. from Keensight Capital and others for an Enterprise Value of approximately €320 million on January 31, 2024. The acquisition of Vision-Box will bring new capabilities around biometrics hardware and software, adding border control solutions to the Amadeus portfolio. Through this combined offering with Vision-Box, Amadeus will now be able to deliver a full end-to-end seamless passenger experience from booking to arrival at the airport, through border control and boarding. Vision-Box, which is a fast-growing global business with expected revenues of €70 million, and an estimated normalized EBITDA of close to €20 million in 2023. As part of this acquisition, approximately 470 Vision-Box employees will transfer to Amadeus. The deal is subject to customary regulatory approvals and is expected to close in H1 2024. Ankündigung • Jan 30
Amadeus IT Group, S.A. to Report Q4, 2023 Results on Feb 28, 2024 Amadeus IT Group, S.A. announced that they will report Q4, 2023 results at 8:00 AM, Central European Standard Time on Feb 28, 2024 Upcoming Dividend • Jan 09
Upcoming dividend of €0.36 per share at 1.4% yield Eligible shareholders must have bought the stock before 16 January 2024. Payment date: 18 January 2024. Trailing yield: 1.4%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (2.1%). Ankündigung • Nov 30
Amadeus Appoints Maher Koubaa as Executive Vice President Travel Unit and Managing Director, EMEA Amadeus has appointed Maher Koubaa Executive Vice President Travel unit and Managing Director, EMEA. In this newly formed and expanded role, Koubaa will make use of his more than 20 years of travel industry experience to lead the implementation of Amadeus' strategic vision in the Europe, Middle East and Africa region. Having successfully grown Amadeus' business in EMEA during his five-year tenure as head of airlines in the region, Maher's new role will see him taking a similarly customer-centric approach with travel sellers in addition to airline customers. Maher holds a Master of Science in Industrial Engineering from Centrale Supélec, Université Paris-Saclay and is currently based in Dubai. Reported Earnings • Nov 09
Third quarter 2023 earnings released: EPS: €0.67 (vs €0.45 in 3Q 2022) Third quarter 2023 results: EPS: €0.67 (up from €0.45 in 3Q 2022). Revenue: €1.39b (up 14% from 3Q 2022). Net income: €301.2m (up 49% from 3Q 2022). Profit margin: 22% (up from 17% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 30
Second quarter 2023 earnings released: EPS: €0.62 (vs €0.53 in 2Q 2022) Second quarter 2023 results: EPS: €0.62 (up from €0.53 in 2Q 2022). Revenue: €1.38b (up 17% from 2Q 2022). Net income: €278.3m (up 17% from 2Q 2022). Profit margin: 20% (in line with 2Q 2022). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Board Change • Jul 05
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Frits van Paasschen was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jul 04
Upcoming dividend of €0.60 per share at 1.1% yield Eligible shareholders must have bought the stock before 11 July 2023. Payment date: 13 July 2023. Trailing yield: 1.1%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (1.8%). Ankündigung • Jun 16
Amadeus IT Group, S.A. (BME:AMS) commences an Equity Buyback plan for 10% of its issued share capital, under the authorization approved on June 23, 2022. Amadeus IT Holding SA (CATS:AMS) commences share repurchases on June 6, 2023 under the program mandated by the shareholders in the Annual General Meeting held on June 23, 2022. As per the mandate, the company is authorized to repurchase own shares, such that the company’s holding in treasury does not exceed 10% of its issued share capital. The minimum acquisition price of the shares will be equivalent to 80% of the trading value of the share in the Stock Market in the acquisition date, and the maximum acquisition price will be equivalent to 120% of the trading value of the share in the Stock Market on the same date. The purchase can be made as a sale and purchase, exchange (permuta), payment in kind (dación en pago) or by any other means permitted by law, on one or more occasions. The program will run for a period of five years.
On June 5, 2023, the company announced a share repurchase program. Under the program, the company will repurchase up to 6,120,000 shares, representing 1.36% for €433.33 million. Under the program, 4,930,000 shares for €350.03 million, €71 per share will be used for early redemption of convertible bonds and 1,190,000 shares for €83.3 will be used for share allocation programs for employees, officers and Executive Director of the company. The shares will be purchased at the market price in accordance with the price and volume conditions set out in Article 3 of the Regulation. In particular, with respect to price, Amadeus will not buy the shares at a price that is above the higher of the price of the last independent trade and the highest current independent bid in those trading venues where the purchase is made. The company reserves the right to terminate the buyback program if, prior to its expiry, the company has acquired the shares for a purchase price that reached the maximum investment price or has acquired the maximum number of shares under the program. The program shall remain in force until December 6, 2023. Ankündigung • May 17
Amadeus IT Group, S.A., Annual General Meeting, Jun 21, 2023 Amadeus IT Group, S.A., Annual General Meeting, Jun 21, 2023, at 11:00 Central European Standard Time. Reported Earnings • May 10
First quarter 2023 earnings released: EPS: €0.58 (vs €0.18 in 1Q 2022) First quarter 2023 results: EPS: €0.58 (up from €0.18 in 1Q 2022). Revenue: €1.31b (up 43% from 1Q 2022). Net income: €262.4m (up 223% from 1Q 2022). Profit margin: 20% (up from 8.9% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Hospitality industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Ankündigung • May 10
Amadeus IT Group, S.A. (BME:AMS) announces an Equity Buyback for 125,500 shares, representing 0.03% for €8.79 million. Amadeus IT Group, S.A. (BME:AMS) announces a share repurchase program. Under the program, the company will repurchase up to 125,500 shares, representing 0.03% of the share capital of the company for €8.79 million. The objective of repurchase of shares is to comply with the share allocation programs for employees and managers of the subsidiary corresponding to the current course. The program will expire on May 19, 2023. Reported Earnings • Feb 26
Full year 2022 earnings released: EPS: €1.48 (vs €0.32 loss in FY 2021) Full year 2022 results: EPS: €1.48 (up from €0.32 loss in FY 2021). Revenue: €4.49b (up 68% from FY 2021). Net income: €664.7m (up €807.1m from FY 2021). Profit margin: 15% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 16% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Ankündigung • Jan 28
Amadeus IT Group, S.A. to Report Q4, 2022 Results on Feb 24, 2023 Amadeus IT Group, S.A. announced that they will report Q4, 2022 results Pre-Market on Feb 24, 2023 Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director David Figueras was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Third quarter 2022 earnings released: EPS: €0.45 (vs €0.02 in 3Q 2021) Third quarter 2022 results: EPS: €0.45 (up from €0.02 in 3Q 2021). Revenue: €1.22b (up 65% from 3Q 2021). Net income: €202.7m (up €193.7m from 3Q 2021). Profit margin: 17% (up from 1.2% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 17% growth forecast for the IT industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Buying Opportunity • Oct 12
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 8.7%. The fair value is estimated to be €61.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 29% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 32% per annum over the same time period. Reported Earnings • Jul 30
Second quarter 2022 earnings released: EPS: €0.53 (vs €0.078 loss in 2Q 2021) Second quarter 2022 results: EPS: €0.53 (up from €0.078 loss in 2Q 2021). Revenue: €1.18b (up 89% from 2Q 2021). Net income: €237.3m (up €272.3m from 2Q 2021). Profit margin: 20% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 37%, compared to a 18% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Board Change • Jul 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director David Figueras was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Jul 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be €65.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 34% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings is also forecast to grow by 36% per annum over the same time period. Reported Earnings • Feb 26
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: €0.32 loss per share (up from €1.41 loss in FY 2020). Revenue: €2.67b (up 23% from FY 2020). Net loss: €142.4m (loss narrowed 77% from FY 2020). Revenue missed analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 64%, compared to a 18% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 06
Third quarter 2021 earnings released: EPS €0.02 (vs €0.35 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €739.1m (up 77% from 3Q 2020). Net income: €9.00m (up €168.5m from 3Q 2020). Profit margin: 1.2% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 31
Second quarter 2021 earnings released: €0.11 loss per share (vs €0.70 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: €624.3m (up 141% from 2Q 2020). Net loss: €48.6m (loss narrowed 85% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Reported Earnings • May 10
First quarter 2021 earnings released: €0.21 loss per share (vs €0.27 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: €496.7m (down 51% from 1Q 2020). Net loss: €95.3m (down 181% from profit in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 11
New 90-day high: €62.15 The company is up 3.0% from its price of €60.42 on 11 December 2020. The British market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €29.33 per share. Reported Earnings • Mar 02
Full year 2020 earnings released: €1.40 loss per share (vs €2.58 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €2.17b (down 61% from FY 2019). Net loss: €625.4m (down 156% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Mar 02
Revenue misses expectations Revenue missed analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 46%, compared to a 10.0% growth forecast for the IT industry in the United Kingdom. Reported Earnings • Nov 11
Third quarter 2020 earnings released: €0.35 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: €418.6m (down 70% from 3Q 2019). Net loss: €159.5m (down 152% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Nov 11
Revenue misses expectations Revenue missed analyst estimates by 0.08%. Over the next year, revenue is forecast to grow 9.6%, compared to a 7.5% growth forecast for the IT industry in the United Kingdom. Valuation Update With 7 Day Price Move • Nov 07
Market bids up stock over the past week After last week's 16% share price gain to €47.77, the stock is trading at a trailing P/E ratio of 64.1x, up from the previous P/E ratio of 55.1x. This compares to an average P/E of 30x in the IT industry in the United Kingdom. Total return to shareholders over the past three years is a loss of 17%. Is New 90 Day High Low • Oct 30
New 90-day low: €40.17 The company is down 5.0% from its price of €42.36 on 31 July 2020. The British market is also down 5.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the IT industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €27.08 per share. Is New 90 Day High Low • Sep 18
New 90-day high: €51.20 The company is up 2.0% from its price of €50.34 on 19 June 2020. The British market is down 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the IT industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €28.22 per share. 
