An update from On The Beach ( (GB:OTB) ) is now available.
On the Beach Group plc has reported continued growth momentum into FY25, with a 10% year-on-year increase in total transaction value (TTV), driven by strong early bookings for Summer 2025 and a 17% rise in group TTV for holidays scheduled from March to June. The company’s strategic expansion into city packages and international markets, particularly in the Republic of Ireland, alongside a £25 million share buyback program, positions it well against inflationary pressures and enhances its competitive edge in the growing holiday market.
More about On The Beach
On the Beach Group plc is one of the UK’s largest online package holiday specialists, leveraging innovative technology and a low-cost base to challenge traditional tour operators and online travel agents. The company focuses on providing value-driven, customer-centric beach holiday packages, maintaining a profitable and cash-generative business model.
YTD Price Performance: -6.13%
Average Trading Volume: 1,099,078
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £379.7M
See more insights into OTB stock on TipRanks’ Stock Analysis page.