Amadeus It Group Sa Ord (AMADF) Q2 2026 Earnings Call

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WEBVTT NOTE Transcription provided by Deepgram Request Id: 01a041e8-e214-7da2-b3e5-ec62aa163cb4 Created: 2026-08-27T06:29:38.936Z Duration: 3604.3232 Channels: 1 00:00:00.080 -- 00:00:02.480 Good day, ladies and gentlemen, and welcome to 00:00:02.480 -- 00:00:06.080 the AMADEUS H1 twenty twenty six Results Conference 00:00:06.080 -- 00:00:08.800 Call. At this time, all lines are in 00:00:08.800 -- 00:00:10.320 a listen only mode. 00:00:10.639 -- 00:00:13.280 Following the presentation, we will conduct a question 00:00:13.280 -- 00:00:14.240 and answer session. 00:00:14.815 -- 00:00:16.015 I 00:00:21.055 -- 00:00:23.215 would now like to turn the conference over 00:00:23.215 -- 00:00:24.974 to Luis Maroto, 00:00:24.974 -- 00:00:27.454 President and CEO of AMADEUS. 00:00:27.454 -- 00:00:28.095 Please go ahead. 00:00:30.520 -- 00:00:33.240 Good afternoon, and a very warm welcome to 00:00:33.240 -- 00:00:35.960 our first half results presentation. Thank you for 00:00:35.960 -- 00:00:37.000 attending today. 00:00:37.320 -- 00:00:39.720 I'm joined by Karel Borg, our CFO. So 00:00:39.720 -- 00:00:40.600 let's begin. 00:00:41.905 -- 00:00:44.385 Please turn to Slide four for our takeaways 00:00:44.385 -- 00:00:45.585 from the first half. 00:00:46.225 -- 00:00:48.305 As you can see, we opened '26 with 00:00:48.305 -- 00:00:50.385 solid growth and profitability. 00:00:51.505 -- 00:00:54.225 From March, the geopolitical situation in The Middle 00:00:54.225 -- 00:00:57.400 East has significantly impacted global air traffic, 00:00:57.880 -- 00:01:01.080 with IATA announcing negative growth in April and 00:01:01.080 -- 00:01:03.960 May, the first time in fifteen years excluding 00:01:03.960 -- 00:01:05.159 the COVID period. 00:01:05.640 -- 00:01:07.080 Despite this macroeconomic 0...