Amadeus IT Group, S.A. (AMADF) Q2 2025 Earnings Call Transcript

2025-08-01 06:16:07 ET

Amadeus IT Group, S.A. (AMADF)

Q2 2025 Earnings Conference Call

July 31, 2025 09:00 AM ET

Company Participants

Caroline Borg - Group Chief Financial Officer

Luis Maroto Camino - President, CEO & Executive Director

Conference Call Participants

Adam Dennis Wood - Morgan Stanley, Research Division

Alexander Irving - Sanford C. Bernstein & Co., LLC., Research Division

Charles Brennan - Jefferies LLC, Research Division

Guilherme Macedo Sampaio - Banco BPI, S.A., Research Division

Michael Briest - UBS Investment Bank, Research Division

Sven Denis Merkt - Barclays Bank PLC, Research Division

Toby Ogg - JPMorgan Chase & Co, Research Division

Victor Cheng - BofA Securities, Research Division

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the Amadeus First Quarter -- sorry, First Half 2025 Results Conference Call. [Operator Instructions] I would now like to turn the conference call over to Luis Maroto, President and CEO of Amadeus.

Luis Maroto Camino

Good afternoon. Welcome to our '25 first half results presentation. Thank you for attending today. I'm joined by our CFO, Carol Borg who will be presenting Amadeus results for the first time. Carol has had the opportunity to meet a lot of you as part of her onboarding and is ready to address your questions. We have made some changes to our quarterly presentation and may make some more in the future. We aim to simplify how we communicate and to ensure that the strengths of our business are clear to the broadest group of investors.

Let's start, I will focus on our most important business developments in the period, and Carol will elaborate on key financial aspects. Let's turn to Slide 4 for our headlines in the first half. The first 6 months of business in '25 evolved in a challenging macro and geopolitical environment. Despite this context, Amadeus delivered steady and profitable growth throughout the period....

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