** Shares in Amadeus AMA.MC slip around 3% after the Spanish travel technology company reported in-line Q1 results but updated its 2025 outlook to reflect a FX headwind

** It posted Q1 adjusted net profit of 364 million euros on Thursday, roughly in line with analysts' estimates

** Amadeus reiterated its 2025 outlook excluding FX, but has now provided updated numbers at constant currency to reflect a FX headwind

** It now sees 2025 revenue in a range of 6.6 billion euros - 6.84 billion euros and EBITDA between 2.46 billion euros and 2.58 billion euros in constant currency

** J.P.Morgan expects the shares to be weak given air bookings growth moderation in Q1 and in April and likely cuts to consensus

** It sees consensus forecasts on a headline basis to move down low-mid single digit percentage points based on the FX headwind and on weaker bookings

** The stock is among worst performers on Madrid's IBEX 35 .IBEX index

(Reporting by Joao Manuel Mauricio)

((JoaoManuel.VicenteMauricio@thomsonreuters.com))