News

eDreams ODIGEO: Strategic initiatives delivering growth

20th June 2016

In the 12 months ended March 31, 2016, eDreams ODIGEO delivered solid results. The strategy announced in June 2015 continues to drive improvements in the business, and is consequently delivering positive growth rates in bookings, revenue margin and adjusted EBITDA.

Dana Dunne, Chief Executive Officer of eDreams ODIGEO, said: “These results reflect significant progress made this year and a moment of transition for the business, with bookings, revenue margin and EBITDA all growing at a steady rate. Our Expansion markets continue to grow strongly and our Core markets returned to growth for a third consecutive quarter. The rapid increase in mobile bookings, ahead of the industry average has been particularly pleasing, along with improvements in our product, traffic re-orientation and revenue.”

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