Amadeus Fire cuts FY 2026 revenue outlook to €350-365 million, operating EBITA to €17-23 million

• Amadeus Fire cut FY 2026 guidance to revenue of EUR 350-365 million; prior range EUR 362-394 million.
• Operating EBITA outlook reduced to EUR 17-23 million; prior range EUR 20-31 million.
• Guidance reset followed a sharp Q2 profitability drop; revenue fell 6.8% to EUR 82.3 million.
• Q2 operating gross margin slid to 48.7% from 51.2%; operating EBITA margin fell to 0.6% from 2.4%.
• H1 revenue declined 8% to EUR 171.7 million; operating EBITA dropped to EUR 3.5 million; net result turned negative at EUR -3.6 million.

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