On the Beach Group (OTB) Trading Update summary

Trading performance

• Achieved 10% year-on-year TTV growth, with Winter 24/25 TTV up 18% and Summer 25 TTV up 10%.

• Group TTV for holidays from March to June is up 17% YoY, indicating strong demand.

• Positive booking trends suggest Summer 25 will significantly outperform Summer 24.

Strategic initiatives and expansion

• Expanded into City packages in Q4 FY24, now offering bookings to over 70 city destinations.

• Launched international expansion with package holidays from the Republic of Ireland, supported by a targeted marketing campaign.

• Early-stage initiatives in City and Ireland markets have generated strong bookings growth.

Financial outlook and capital management

• Confident in delivering FY25 Adjusted PBT in line with consensus of £38.2m.

• Completed 64% of a £25m share buyback programme, acquiring over 6.5 million shares for cancellation.