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Amadeus IT Group, S.A. (AMADY) Q1 2026 Earnings Call Tran...
2026-05-09 · via All Articles on Seeking Alpha

Q1: 2026-05-08 Earnings Summary

EPS of $1.01 beats by $0.07

 | 

Revenue of

$1.98B

(8.18% Y/Y)

beats by $64.57M

Amadeus IT Group, S.A. (AMADY) Q1 2026 Earnings Call May 8, 2026 7:00 AM EDT

Company Participants

Luis Camino - President, CEO & Executive Director
Caroline Borg - Chief Financial Officer

Conference Call Participants

Alexander Irving - Bernstein Institutional Services LLC, Research Division
Sven Merkt - Barclays Bank PLC, Research Division
Charles Brennan - Jefferies LLC, Research Division
Michael Briest - UBS Investment Bank, Research Division
Nooshin Nejati - Deutsche Bank AG, Research Division
Laurent Daure - Kepler Cheuvreux, Research Division
Hin Fung Cheng - BofA Securities, Research Division

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Amadeus Q1 2026 Results Conference Call. [Operator Instructions] I would now like to turn the conference over to Luis Maroto President and CEO of Amadeus. Please go ahead.

Luis Camino
President, CEO & Executive Director

Good afternoon, and a very warm welcome to our Q1 '26 results presentation. Thank you for attending today. I'm joined by Carol, our CFO. Let's begin.

So please turn to Slide 4 for our takeaways from the quarter. Amadeus opened the year with solid growth and profitability following the strong momentum we saw in quarter 4 of last year. In March, the situation in the Middle East resulted in a moderation of our volume evolution, slowing our performance in the quarter. Nevertheless, for Q1, Amadeus posted high single-digit growth at constant currency with group revenue growing 8%, adjusted EBIT increasing by 7% and adjusted diluted EPS expanding by 9%.

For March, the developing situation in the Middle East generated disruptions in air traffic in the region, namely origin-destination and stopover traffic. This also impacted the bookings associated with this air traffic, primarily through an increase in cancellations. These kind of effects are well aligned with what we have seen in similar situations in the past. Despite this, our strength in Q1 stemmed from solid momentum in January