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eDreams ODIGEO - 1Q16/17 RESULTS
​Edreams, the biggest online flight retailer in Europe, held today a conference call to discuss its 1Q16/17 results (ended June-30) released earlier this morning. Those were strong, well above our expectations lifted by healthy volumes growing faster than market. However, our expectations and the company’s guidance remain c. 15% below the achievements prior to the google change confirming that full recovery is not around the corner.
EDREAMS/ODIGEO - 4Q15/16 RESULTS
Edreams/ODIGEO, the biggest online flight retailer in Europe, has posted for 4Q15/16 another set of strong results, confirming its path to recovery. After a turbulent FY14/15, closing far from the initial guidance, this year (FY15/16) finally saw Edreams meeting and even exceeding the expectations initially outlined to the market.
eDreams ODIGEO: 4Q15/16 Results: Strengthened recovery
​Edreams/ODIGEO, the biggest online flight retailer in Europe, has posted for 4Q15/16 another set of strong results, confirming its path to recovery. After a turbulent FY14/15, closing far from the initial guidance, this year (FY15/16) finally saw Edreams meeting and even exceeding the expectations initially outlined to the market.
3Q15/16: Looking to secure a recovery momentum
​Edreams/ODIGEO, the 3rd largest online travel agency in Europe, and the 4th largest in the world, has posted strong 3Q15/16 results, above our expectations. The company outperformed the flat OTA market forecast with bookings growth of 14% YoY in 3Q15/16. However this was at the expense of a -7.3% decline in revenue margin per booking(revenues less cost of procuring products). Nevertheless, the total revenue margin improvement remains considerable with a +6% increase to €103.1m. A significan...
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