Amadeus IT Group SA: Q4 2025 Results and Strategic Initiatives
Amadeus IT Group SA, a leading global transaction processor for the travel and tourism sector, released its 2025 financial results and related disclosures on 27 February 2026. The company’s performance, coupled with a new share‑buyback programme, underscores its commitment to shareholder value and operational resilience.
2025 Financial Highlights
| Metric | 2025 | 2024 | % Change |
|---|---|---|---|
| Net profit | €1,335.6 m | €1,252.7 m | +6.6 % |
| EBITDA | €2,506.6 m | €2,344.5 m | +7.7 % |
| Revenue | €6,517 m | €6,121 m | +6.1 % |
| Revenue (fx‑adjusted) | +8.5 % | — | — |
| Net debt | €2,141.4 m | €2,111.3 m | +1.4 % |
| Net debt / EBITDA | 0.9× | — | — |
Amadeus demonstrated consistent growth across its core segments. Air IT recorded a 6.4 % rise in revenues, driven by a 3.8 % increase in passenger traffic and a 4.7 % lift in revenue per passenger. Hotel & Other Solutions (HOS) and Air Distribution grew by 6.1 % and 5.9 %, respectively. The company’s net debt, at 0.9× EBITDA, remains comfortably within the industry norm, signaling a prudent leverage stance.
Share‑Buyback Programme
In line with its shareholder‑return strategy, Amadeus announced a new share‑buyback programme. The initiative, disclosed on 27 February 2026, reflects management’s confidence in the firm’s intrinsic value and the expectation of sustained cash‑flow generation. The buyback will likely bolster earnings per share, support the share price, and reinforce the market’s perception of Amadeus as a disciplined capital allocator.
Sustainability and Governance
Alongside the financial report, the company filed a Non‑Financial Information Statement and a Sustainability Information Report for 2025. These documents confirm Amadeus’s adherence to ESG standards and its ongoing efforts to embed sustainability into its operational model. The disclosure of environmental, social, and governance metrics is expected to resonate with the growing cohort of ESG‑conscious investors.
Market Position and Outlook
Amadeus’s 2026‑02‑23 closing price of €47.60 sits below its 52‑week low of €46.21 but within a range that suggests the share is still undervalued relative to its earnings multiple. With a price‑to‑earnings ratio of 15.47, the stock trades at a modest valuation compared to peers in the IT services and consumer discretionary sectors. The company’s market cap of approximately €20 billion reflects a robust shareholder base and a solid balance sheet.
The company’s trajectory—steady revenue growth, disciplined capital management, and a proactive sustainability agenda—positions it well for the forthcoming fiscal year. Investors should monitor the execution of the share‑buyback programme, the continuation of high‑margin expansion in Air IT and HOS, and the company’s progress in ESG reporting, as these factors will likely influence both the share price and long‑term valuation.
