Business
2025 Pre-Close Trading Update & £25m Share Buyback
On the Beach Group PLC reported a record year with total transaction value reaching £1.23 billion, an 11% increase year-over-year. Summer 2025 bookings were 12% ahead of the previous year, and winter bookings are also strong, up 12%. The company established a presence in the Republic of Ireland with a £2 million investment. The EBITDA margin is expected to be approximately 34%, up from 31.7% in FY24. Adjusted profit before tax is anticipated to be in the range of £34.5 million to £35.5 million, excluding B2B operations, which are being discontinued. The company has successfully refinanced with a new £120 million credit facility. Furthermore, a share buyback program of up to £25 million has been announced, adding to the £30 million already returned to shareholders in FY25. The company exits the year debt free with a strong cash position of approximately £90 million. Disclaimer*
About this update from On The Beach Group Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. \nFOR IMMEDIATE RELEASE\n24 September 2025\nOn the Beach Group plc\n(\"On the Beach\", \"OTB\" or the \"Group\")\n2025 Pre-Close Trading Update and further £25m Share Buyback\nOn the Beach Group plc (LSE: OTB.L) today provides an update on trading for its financial year ending 30 September 2025 (\"FY25\"), in advance of announcing its final results on 2 December 2025.\n \nB2C business continuing to grow well ahead of the package holiday market\n- Third consecutive record year of growth:\no TTV1 of £1.23bn, representing an increase of 11% on last year;\no Summer 25 bookings 12% ahead of last year, significantly ahead of the package holiday market2;\n- Product expansion has continued at pace with 155 cities now live.\n- Established a presence in the Republic of Ireland following net investment of £2m.\n- Significant increase in operational leverage, with EBITDA margin expected to be c.34% (FY24: 31.7%), alongside improving customer metrics including a record NPS, up 17% to c.55.\n- Winter 25 bookings are strong at 12% ahead of last year's record.\n- Summer 26 bookings currently reflect the later booking trend as reported across the market, with bookings being made increasingly closer to the date of departure.\n- FY25 adjusted PBT on a continuing basis (excluding B2B) is expected to be in the range of £34.5m - £35.5m.3\n \nDiscontinuing non-core B2B operations\n- The Board has taken the strategic decision to commence an orderly wind down of the B2B segment trading as Classic Collection which made a small loss in the year, to focus on the higher growth potential of the B2C business trading as On the Beach.\n- The B2B segment will be presented as discontinued operations in the final results.\n \nSuccessful refinancing with new £120m facility\n- OTB exits the year debt free and ...