Amadeus IT Group SA

AMS: XMAD (ESP)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Amadeus Earnings: The Company's Network Is the Foundation AI Agents Will Use; Shares Undervalued

Dan Wasiolek

Feb 27, 2026

Amadeus' fourth-quarter sales grew 5%, with distribution increasing 4% and IT solutions up 7%. In the quarter, EBITDA margins expanded to 35.6% from 34.1% a year ago on labor efficiencies.

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Amadeus IT Group SA

Amadeus Earnings: The Company's Network Is the Foundation AI Agents Will Use; Shares Undervalued

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