Brief: Amadeus Cuts Outlook On Slower Air Traffic Evolution
BRIEF-Amadeus Cuts Outlook On Slower Air Traffic Evolution July 31 (Reuters) - Amadeus IT Group SA AMA.MC:
SEES SLOWER AIR TRAFFIC EVOLUTION LEADS TO REVISION OF OUTLOOK, SPECIFICALLY, LOWER END OF GUIDED RANGE FOR AIR DISTRIBUTION
PRUDENTLY PROVIDING WIDER THAN TYPICAL REVISED OUTLOOK RANGE
MIDDLE EAST SHORT-TERM IMPACTS ARE DIFFICULT TO PREDICT
SEES NOW 2026 GREVENUE GROWTH MID TO HIGH SINGLE-DIGIT VERSUS PREVIOUS GUIDANCE HIGH SINGLE-DIGIT
SEES ADJUSTED DILUTED EPS GROWTH AT HIGH SINGLE-DIGIT TO LOW DOUBLE-DIGIT
RECENT SLOWDOWN IN AIR TRAFFIC EXPECTATIONS HAS HAD LIMITED IMPACT ON OUTLOOK - PRESIDENT AND CEO LUIS MAROTO
Source text, nCNM6pV29Q
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(Gdansk Newsroom)
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