Morgan Stanley | George Webb (analyst) initiates coverage of Amadeus with an Overweight (OW) rating, as he believes long-term appeal outweighs short-term uncertainties. In his scenario, the conflict in the Middle East (and the associated dynamics of energy prices) will weigh on Amadeus’s growth until the end of the year, implying a moderate cut to FY26 guidance as the base case. He acknowledges the long-term structural debates surrounding disintermediation via…

Link Securities | With regard to the share buyback programme for the purpose of complying with the share allocation programmes for employees, executives and the Executive Director of Amadeus (AMS) (excluding Amadeus sas and its wholly-owned subsidiary Amadeus Software Labs India Private Limited) for the financial years 2026, 2027 and 2028, Amadeus announced that, with the repurchase transactions carried out, it has reached the maximum number of shares provided for…

Link Securities | The Board of Directors of Amadeus (AMS) has agreed to carry out a share buyback programme in accordance with the authorisation granted by the Ordinary General Shareholders’ Meeting held on 23 June 2022. The Repurchase Programme is being carried out in order to comply with the share allocation programmes for Amadeus employees, executives and the Executive Board (excluding Amadeus sas and its wholly-owned subsidiary Amadeus Software Labs…

Link Securities | Amadeus (AMS) announced on Wednesday that Lufthansa Group (LHA-DE) is taking a leading role in the digital transformation of the industry, with nine of its airlines (including Austrian Airlines, Brussels Airlines, Lufthansa and Swiss) planning to adopt Amadeus’ AI-native Nevio modular solutions for Personalised Retail Sales, Ordering and Distribution Management. Amadeus Nevio, a next-generation modular solution, will provide airlines with flexible core technology, supporting transformation at their…

Alphavalue / Divacons | The board of directors of the technology solutions provider has ratified its dividend policy for 2025, proposing to set the distribution at 50% of consolidated profit, which is the maximum limit of the 40% to 50% range established by the company. Consequently, it has approved the distribution of an interim dividend charged to the results for the 2025 financial year for a fixed amount of €0.53…

Intermoney | The company will present its 9M25 results on 7 November before the market opens, holding a conference call on the same day at 1 p.m. The figures should confirm the slowdown in growth compared to 2024, driven by the mediocre performance in the US and the Middle East, as well as the relative depreciation of the dollar, meaning that both revenue and EBITDA should grow by around 6%,…