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Amadeus rises after Q1 beat helped by more air trip bookings



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** Shares in Amadeus AMA.MC are up around 2.6% after Spain's travel booking group's Q1 adjusted net profit rose almost 20% to 324.5 million euros ($348.42 million) as air trip bookings rose

** The net result also beat an LSEG analyst forecast of 310.9 million euros

** "Results slightly better than expected", Bankinter says

** The brokerage says that Amadeus' figures are on a positive recovery path which will take it back to pre-pandemic levels this year

** We believe that as this business recovery materialises, the share price should reflect this positively", it adds



Reporting by Jakub Olesiuk and Matteo Allievi

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