Report
Fehmi Ben Naamane

eDreams ODIGEO : Reassuring stance on short-term outlook and progress with 2025 strategic plan

>Deliberately optimistic stance on October/November - eDreams posted good-quality Q2 figures, confirming the solid momentum set in train in Q1 after the Omicron episode. Cash revenue and cash EBITDA showed growth of nearly ~6% on average relative to expectations, driven by ‘Prime’ momentum. Cash revenue even posted growth of 12% vs pre-crisis levels. In the conference call and regarding the Q2 figures, we note a deliberately optimistic stance on bookings, which did no...
Underlying
EDreams ODIGEO SA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Fehmi Ben Naamane

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