Amadeus IT stock slips as 2026 guidance faces pressure

Published on 09/23/2026 at 13:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Amadeus IT stock closed at EUR 55.60 on September 22, 2026, down 0.58 percent. First-half revenue reached EUR 3.34 billion, up 5 percent.

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Amadeus IT (ISIN ES0109067019) closed at EUR 55.60 on the BME on September 22, 2026, down 0.58 percent from the previous close. The latest operating picture combines first-half revenue of EUR 3.34 billion with a lowered 2026 growth outlook, making guidance the key issue for the shares.

Revenue reaches EUR 3.34 billion

According to Investing.com in its September 2026 results summary, Amadeus reported EUR 3.34 billion of revenue for the first half of 2026, representing 5 percent growth at constant exchange rates. Adjusted earnings per share increased 7 percent over the same period, while adjusted EBIT margin remained at 29.8 percent.

The comparison is important because the revenue gain did not translate into a higher margin. The same September 2026 summary said the company reduced its 2026 group revenue-growth expectation to the mid-to-high single digits, while air distribution growth was cut to the low-to-mid single digits from a higher previous range.

Cash flow stays at EUR 1.35 billion

Amadeus kept its 2026 free-cash-flow outlook at EUR 1.35 billion to EUR 1.45 billion, according to Investing.com on September 23, 2026. That unchanged range provides a counterweight to the softer distribution forecast, but it does not remove the pressure on the top-line outlook.

Net debt stood at EUR 2.58 billion at the reported second-quarter 2026 period, with leverage at 1.0 times. For investors, the combination of stable cash-flow guidance and higher debt places greater weight on execution in the remaining 2026 reporting periods.

Stock remains below EUR 69.30 high

Amadeus IT stock closed at EUR 55.60 on September 22, 2026, after trading at EUR 55.28 on September 21, according to the BME market snapshot. The one-year range was EUR 46.21 to EUR 69.30, so the latest close was EUR 13.70 below the reported high and EUR 9.39 above the low.

The next reported results date shown by Investing.com was November 5, 2026. That date gives the market a defined checkpoint for testing whether the revised growth path is tracking the first-half figures.

Stock closes at EUR 55.60

On the BME, Amadeus IT stock closed at EUR 55.60 on September 22, 2026, down 0.58 percent from the prior close. The company reported EUR 3.34 billion of first-half 2026 revenue and maintained free-cash-flow guidance of EUR 1.35 billion to EUR 1.45 billion.