BARCELONA--(BUSINESS WIRE)--eDreams ODIGEO (hereinafter 'eDO' or 'the Company'), the world's leading travel subscription company, today announced the execution of a new phase in its continuous share capital reduction strategy. David ElÃzaga, Chief Financial Officer at eDreams ODIGEO, commented: "This share cancellation directly reflects the powerful cash-generating engine of our Prime subscription model. With this execution, we have now cancelled nearly 9 million shares since July, yet we retain further aut ...

Core Insights - eDreams ODIGEO reported an 18% year-on-year growth in Prime membership, reaching 7.7 million members, and a 16% increase in profitability to €94 million for the first half of fiscal year 2026 [1][2][5] Financial Performance - Overall revenues increased by 5% to €344 million, with Prime-related revenues rising by 20% year-on-year to €294 million, indicating a strong focus on the subscription model [5][6] - Cash EBITDA grew by 16% year-on-year to €94 million, with the margin on the core customer offering increasing to 42%, up from 36% in the same period last year [6] - Adjusted Net Income rose significantly to €47.1 million, compared to €8.1 million in the first half of fiscal year 2025 [6] Strategic Initiatives - The company unveiled a new long-term strategic roadmap aimed at accelerating Prime membership growth to over 13 million by 2030, which is 40% higher than analyst consensus [5][11] - The plan includes investments in product diversification, international expansion, and the introduction of new subscription options [11] Shareholder Value - eDreams ODIGEO executed a share buyback plan, investing €32.6 million in share repurchases in the first half of the fiscal year, with an additional €100 million planned over the next two years [5][11] - The company cancelled approximately 5% of its outstanding shares to enhance earnings per share and shareholder value [6][11]

LONDON--(BUSINESS WIRE)--New market research commissioned by eDreams ODIGEO, the world's leading travel subscription company, underscores a significant shift in US travelers behaviour, with flexibility now a top priority for vacationers. The new data comes from a global study carried out by a research firm with 9,000 respondents, of which 2,000 were from the US. The research found that 51% of these travelers say flexibility is more important now than five years ago. This demand is rooted in a d. ...