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On the Beach Reports Strong Growth and Expansion
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On the Beach Reports Strong Growth and Expansion

On The Beach (GB:OTB) has released an update.

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On the Beach Group PLC reported a robust financial performance for the year ending September 2024, achieving a record total transaction value (TTV) of £1.2 billion and a 25% increase in adjusted profit before tax. The company has strengthened its market position through strategic partnerships, such as with Ryanair, and technological advancements, which have expanded its addressable market. With a healthy cash reserve, On the Beach is poised for continued growth as it ventures into new markets like city breaks and international expansion, maintaining positive momentum into FY25.

For further insights into GB:OTB stock, check out TipRanks’ Stock Analysis page.

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