Business
eDreams ODIGEO Confirms Guidance to Deliver +29% Growth in FY26 Adjusted EBITDA as It Sets to Accelerate Long-Term Value Creation
BARCELONA, Spain, November 25, 2025--Following the recent unveiling of its new long-term strategy to 2030, eDreams ODIGEO (hereinafter ‘eDO’ or ‘the Company’) today confirmed and expanded on its short-term guidance announced last week for the current fiscal year 2026, which is set to deliver +29% projected YoY growth in Adjusted EBITDA to a record €172.9 million.
About this update from Edreams Odigeo
[{"type":"text","content":"BARCELONA, Spain, November 25, 2025--(BUSINESS WIRE)--Following the recent unveiling of its new long-term strategy to 2030, eDreams ODIGEO (hereinafter ‘eDO’ or ‘the Company’) today confirmed and expanded on its short-term guidance announced last week for the current fiscal year 2026, which is set to deliver +29% projected YoY growth in Adjusted EBITDA to a record €172.9 million.","length":382,"tagName":"p"},{"type":"text","content":"The Company’s new strategic plan sets out an ambitious target to grow its Prime subscriber base from 7.7 million today to over 13 million members by 2030. To achieve this significant growth, eDO announced strategic investments, notably the introduction of monthly and quarterly instalment options for Prime members’ annual subscriptions. Extensive testing has confirmed that this model generates 13% higher Lifetime Value (LTV) and superior customer satisfaction (+10% NPS). While enabling the expansion into new products such as Rail, and new middle-income countries, and unlocking substantially higher returns, the instalment-based model fundamentally alters the timing of cash collection, thereby naturally impacting KPIs that are sensitive to cash timing, such as Cash EBITDA. The shift from upfront annual payments to monthly and quarterly instalments, while maintaining the year-long commitment of the Prime members, creates a temporary timing difference in cash recognition.","length":981,"tagName":"p"},{"type":"text","content":"eDO is entering an investment period that is supported by the Company’s best operational performance to date. Adjusted EBITDA, which isolates operational performance from cash timing effects, is projected to increase by 29% YoY to €172.9 million in FY26. This marks an all-time high for the Company and demonstrates the significant operational basis available to fund strategic growth investments.","length":397,"tagName":"p"},{"type":"text","content":"Even after de-risking its forecast for limited access to Ryanair content, eDO would still have an Adjusted EBITDA pre-investments of €155.6 million in FY27.","length":156,"tagName":"p"},{"type":"text","content":"This clear momentum places eDO in an optimal position to execute its high-return strategic roadmap with investments in growth drivers, including the introduction of new product categories such as Rail and the expansion into new in...