eDreams ODIGEO : Q3 results in line with expectations, guidance reiterated
>Q3 2023-24 results broadly in line with consensus expectations - eDreams published its Q3 2023-24 results (to end-December) this morning. The figures were a shade below expectations on the top line and in line on cash EBITDA. Cash revenues, including the contribution from the Prime loyalty programme, were € 152.9m, up 7% y-o-y (which is a decent figure given the disruptions to air transport in Europe, particularly in November), 6% below our estimates and the consensu...eDreams Odigeo SA is a Luxembourg-based company principally engaged in the travel and recreational services. The Company is a travel group composed of various brand names, such as eDreams, GO Voyages, Opodo, Travellink, Liligo and Budgetplaces. It offers flights, cruises, car rental, travel insurance, as well as short and long-stay packages. It provides online travel services, including booking of scheduled, charter and low-cost flights, hotels, self-catering accommodation and cruises, traditional and non-traditional package holidays, car hire, train tickets and bus tickets, as well as travel insurance; corporate travel; white-label services, which allow access to various Web platforms; media services, such as targeted advertising, and venture farm to invest in companies with different types of business models and technologies.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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