eDreams ODIGEO Soars with Record EUR72.9M Adjusted Net Income, Beats Guidance
Summary
eDreams ODIGEO reported record adjusted net income of EUR72.9 million for fiscal year 2026, a 42% increase, significantly exceeding its full-year guidance. The company also surpassed guidance for Cash EBITDA, reaching EUR157 million, and exceeded its Prime membership growth target with 643,000 new subscribers, bringing the total to 8 million. Adjusted EBITDA grew 29% to EUR172.3 million. These strong results highlight successful execution of their strategic roadmap, particularly the expansion of their Prime subscription program, which is driving predictable revenue and de-risking the business model. The company has already returned EUR64.4 million to shareholders through buybacks and has EUR67 million remaining in its program through September 2027. The company aims for 13 million Prime subscribers by March 2030.
At the time of this announcement, EDDRF was trading at $3.86 on OTC in the Trade & Services sector, with a market capitalization of approximately $434.6M. The 52-week trading range was $2.14 to $11.30. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Dow Jones Newswires.