On The Beach (GB:OTB) has released an update.
On the Beach Group plc celebrates a record total transaction value of £1.2bn for FY24, marking a 15% increase from the previous year, and anticipates a promising outlook with strong Winter 24 bookings and a robust cash position. The company’s partnership with Ryanair has been pivotal in improving operational efficiency and driving strategic growth. Despite facing flight price fluctuations, the firm’s asset-light model has allowed it to thrive and propose a final dividend, reflecting confidence in its financial health and future prospects.
For further insights into GB:OTB stock, check out TipRanks’ Stock Analysis page.
