Canaccord Genuity lowers On the Beach target price
On the Beach reported improving booking momentum through the second half, delivering 9% bookings growth and 6% totl transaction value growth for FY26. Adjusted pre—tax profits were expected at £22 to £23m, ahead of the £20m consensus. However, initial FY27 pre-tax profit guidance of £28 to £35m rep…
On the Beach reported improving booking momentum through the second half, delivering 9% bookings growth and 6% totl transaction value growth for FY26. Adjusted pre—tax profits were expected at £22 to £23m, ahead of the £20m consensus. However, initial FY27 pre-tax profit guidance of £28 to £35m rep…