On the Beach Group (OTB) Q4 2026 TU earnings summary

Executive summary

• Bookings grew 9% year-over-year, outpacing the broader travel market, with total transaction value (TTV) reaching £1.3bn, marking a fifth consecutive year of record TTV.

• Adjusted profit before tax (PBT) for FY26 is expected at £22-23m, in the top half of the previously guided £18-25m range.

• Strong booking momentum continued into FY27, with bookings in the last 8 weeks up 17%.

• Strategic investments in technology and product expansion have driven market share gains and increased customer loyalty, with repeat bookings up 18%.

Financial highlights

• Total transaction value (TTV) for FY26 was £1.3bn, up 6% year-over-year.

• Adjusted PBT for FY26 is £22-23m, exceeding the midpoint of guidance.

• Exited FY26 debt-free with approximately £60m in cash.

• Returned around £67m to shareholders over two years via dividends and buybacks, representing 15% of issued share capital.

Outlook and guidance

• FY27 PBT guidance set at £28-35m, representing 25-55% growth over FY26.

• Board expresses confidence in delivering FY27 guidance, while remaining cautious about the Middle East conflict and UK consumer environment.