26 Feb 2015

eDreams ODIGEO quarter ended December 31st 2014 results

eDreams ODIGEO closed its nine months to 31 December 2014 with a 2% revenue margin growth with respect to last year, resulting in a revenue margin of €317.4 million. This growth was due to the improvement by 4% of the revenue margin per booking, both in flights and non-flights. This figure, which is slightly ahead of market expectations, is in line with the company’s yearly forecast, which expects to close the current fiscal year with an adjusted EBITDA of €90 million.

During this period, the company obtained a €249.4 million revenue margin in flights, and increased by 12% its revenue margin in the non-flight business, which comprises hotels, car rental, and other auxiliary services, up to €68 million. The company also registered a positive evolution in the results achieved through the Liligo meta-search engine.

Another crucial factor for eDreams ODIGEO's growth in the third quarter this year was the good performance of bookings and revenue margin in Spain and the expansion markets, which include all those in which the company has a presence with the exception of Spain, France, and Italy.

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eDreams ODIGEO quarter ended December 31st 2014 results