Describing itself as “one of the UK’s largest online package holiday specialists, with significant opportunities for growth”, On the Beach Group (OTB) has issued a “2025 Pre-Close Trading Update and further £25m Share Buyback”-titled announcement and what of the shares currently below 220p in response, more than 15% down?
Hello Share Servers. Don't you think this dreary winter seems longer than normal? But with Spring not that far away, many folks will be turning their thoughts to booking a holiday in the sun. Peering through shop windows, I’ve noticed high street travel agents, recently so blasted by Covid, are now seeing fuller chairs these days. Which brings me to a company with a name that says it all.
Online travel group On the Beach (OTB) has announced first quarter of its year total transaction value “exceeded the comparative months in FY22”, that “bookings since the Christmas period have materially increased… since the start of the financial year to date is up 68% vs the equivalent period in FY22” and “a strong balance sheet”. So what of a currently up to 183p share price?








