Buy Or Sell Opportunity • May 20
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at €48.06. The fair value is estimated to be €60.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 7.0% per annum. Earnings are also forecast to grow by 9.2% per annum over the same time period. 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 8.3% growth forecast for the Hospitality industry in Germany. 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. お知らせ • 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. お知らせ • 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 8.3% growth forecast for the Hospitality industry in Germany. 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. お知らせ • 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. Buy Or Sell Opportunity • Feb 12
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 28% to €48.50. The fair value is estimated to be €60.84, however this is not to be taken as a buy 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 6.3% per annum. Earnings are also forecast to grow by 9.0% per annum over the same time period. お知らせ • 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 German dividend payers (4.4%). Higher than average of industry peers (1.5%). Buy Or Sell Opportunity • Dec 15
Now 21% overvalued Over the last 90 days, the stock has fallen 7.2% to €62.86. The fair value is estimated to be €52.01, 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 9.5% per annum over the same time period. Reported Earnings • Nov 09
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 6.6% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Hospitality industry in Germany. 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 9% per year, which means it is significantly lagging earnings growth. 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 9.5% growth forecast for the Hospitality industry in Germany. 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 10% 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 German dividend payers (4.4%). Lower than average of industry peers (2.9%). お知らせ • 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. Buy Or Sell Opportunity • May 13
Now 24% overvalued The stock has been flat over the last 90 days, currently trading at €72.60. The fair value is estimated to be €58.47, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 7.2% per annum. Earnings are also forecast to grow by 9.8% per annum over the same time period. 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 9.0% growth forecast for the Hospitality industry in Germany. 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 6% per year, which means it is significantly lagging earnings growth. お知らせ • 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 お知らせ • 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 10% growth forecast for the Hospitality industry in Germany. 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. お知らせ • 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: 2.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.8%). 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 9.5% growth forecast for the Hospitality industry in Germany. お知らせ • 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 お知らせ • 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 02
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 9.4% growth forecast for the Hospitality industry in Germany. お知らせ • 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 Upcoming Dividend • Jun 25
Upcoming dividend of €0.65 per share Eligible shareholders must have bought the stock before 02 July 2024. Payment date: 04 July 2024. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.7%). Buy Or Sell Opportunity • May 16
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 8.5% to €65.66. The fair value is estimated to be €53.96, 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 9.3% growth forecast for the Hospitality industry in Germany. お知らせ • 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. お知らせ • 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. お知らせ • 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 お知らせ • 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 8.1% growth forecast for the Hospitality industry in Germany. お知らせ • 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. お知らせ • 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 Buy Or Sell Opportunity • Jan 19
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to €64.60. The fair value is estimated to be €53.65, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.5% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. 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 German dividend payers (4.9%). Lower than average of industry peers (2.7%). お知らせ • 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 9.9% growth forecast for the Hospitality industry in Germany. Board Change • Oct 19
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.