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EDreams ODIGEO ( (ES:EDR) ) has provided an update.
eDreams ODIGEO has reported record profitability with a 70% increase in EBITDA Cash for the third quarter of the fiscal year ending December 31, 2024, driven by a robust increase in Prime subscribers. The company’s travel subscription model has led to significant growth, with Prime subscriptions exceeding 7 million by February 2025, and the company is on track to meet its financial objectives for March 2025, enhancing its market position and potential returns for stakeholders.
More about EDreams ODIGEO
eDreams ODIGEO is a global leader in travel subscriptions and one of Europe’s largest e-commerce companies. It focuses on providing a travel subscription platform called Prime, offering flexible options such as booking cancellations, price freezes, and personalized offers through AI, collaborating with over 700 airlines and numerous accommodations, packages, and car rentals.
YTD Price Performance: 2.47%
Average Trading Volume: 3,845
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.09B
For a thorough assessment of EDR stock, go to TipRanks’ Stock Analysis page.
