New guidance for 2026 includes earnings €215-220 million
European OTA eDreams Odigeo saw profits rise 40% in the first nine months of 2024 on the back of increased subscriptions.
The company reported a 26% rise in subscribers to its Prime membership scheme to more than 7 million in the third quarter ending in December last year.
Earrings [ebitda] hit a record €123.7 million for the nine-month period, up 40% year-on-year from €88.6 million.
Third quarter profits grew to €42.6 million, 70% higher than the same period last year.
The group noted that it is now on course to meet a self-imposed 3.5-year targets by next month of 7.25 million Prime subscribers and earnings of €180 million.
New guidance for the 2026 financial year includes one million new Prime members and earnings in the range of €215-220 million.
Chief executive Dana Dunne said: “This has been an exceptional quarter. Our record-breaking profitability demonstrates that our unique subscription model and strategy are…
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