Amadeus IT Group SA
F:AI3A
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Amadeus IT Group SA
F:AI3A
|
ES |
|
A
|
Alphabet Inc
DUS:ABEA
|
US |
|
Radian Group Inc
NYSE:RDN
|
US |
|
A
|
Avis Budget Group Inc
XBER:CUCA
|
US |
|
Tsingtao Brewery Co Ltd
F:TSI0
|
CN |
Amadeus IT Group SA
Amadeus IT Group SA sells the software and data systems that help airlines, travel agencies, hotels, and airports run day-to-day travel operations. Its core products include airline reservation and ticketing systems, booking engines used by travel agents and websites, and airport and airline IT tools for check-in, boarding, and departure control. In simple terms, Amadeus sits in the middle of the travel industry’s plumbing, connecting suppliers such as airlines and hotels with the companies that sell travel to customers. The company makes money mainly by charging travel providers and distributors for using its technology and transaction services. Airlines pay for reservation and passenger systems, online and offline travel sellers pay to access booking content and process reservations, and airports and other travel companies pay for operational software and support. Its customers are mostly airlines, travel agencies, online travel sites, hotels, and airport operators. What makes Amadeus different is that it is not a travel brand facing consumers; it is the infrastructure behind the booking process. The business depends on being embedded in the systems that handle reservations, ticketing, and passenger processing, which makes switching costly for customers and gives Amadeus a central role in how travel inventory is sold and managed.
Amadeus IT Group SA sells the software and data systems that help airlines, travel agencies, hotels, and airports run day-to-day travel operations. Its core products include airline reservation and ticketing systems, booking engines used by travel agents and websites, and airport and airline IT tools for check-in, boarding, and departure control. In simple terms, Amadeus sits in the middle of the travel industry’s plumbing, connecting suppliers such as airlines and hotels with the companies that sell travel to customers.
The company makes money mainly by charging travel providers and distributors for using its technology and transaction services. Airlines pay for reservation and passenger systems, online and offline travel sellers pay to access booking content and process reservations, and airports and other travel companies pay for operational software and support. Its customers are mostly airlines, travel agencies, online travel sites, hotels, and airport operators.
What makes Amadeus different is that it is not a travel brand facing consumers; it is the infrastructure behind the booking process. The business depends on being embedded in the systems that handle reservations, ticketing, and passenger processing, which makes switching costly for customers and gives Amadeus a central role in how travel inventory is sold and managed.
Revenue Growth: Amadeus reported 8% group revenue growth at constant currency year-to-date, with acceleration in Q3 and expectations for further improvement in Q4.
Margin Expansion: Adjusted EBIT increased by 9% at constant currency, and adjusted EBIT margin reached 29.8%, showing small expansion versus last year.
AI & Cloud Investments: Over EUR 1 billion invested in R&D this year, with significant focus on AI-driven solutions and nearing completion of cloud migration (96% complete).
Outlook Maintained: Management reiterated confidence in delivering full-year guidance, expecting revenues at the lower end of the range but faster growth in EBITDA and adjusted EBIT.
Hospitality Momentum: Hospitality segment revenue grew 8% in the first 9 months, with ongoing Marriott rollout and new customer wins like The Ascott Limited supporting future growth.
Distribution Resilience: Air Distribution revenue grew 8%, with strong revenue per booking growth and expanded partnerships, especially in Asia Pacific.
Buyback Completed: EUR 1.3 billion share repurchase program was completed, with leverage remaining stable at 0.9x net debt to EBITDA.
