Voyageurs du Monde H1 net income falls 20% on higher expenses
Voyageurs du Monde said H1 2026 sales rose 1.9% year-on-year, while EBITDA fell 2.7% and net income dropped 20% due to higher expenses; it also filed a public buyout offer at EUR 180 per share on 1 September 2026.
9% year on year, led by adventure and cycling holidays. 7% and net income dropped 20% due to higher expenses, the company said. On 1 September 2026, the company submitted a public buyout offer at EUR 180 per share, representing a premium to prior prices. Voyageurs du Monde said it expects 2026 sales and earnings to be slightly lower than 2025.
3% versus 2025, representing 95% of 2025 sales. The company plans to expand into Germany and Italy, with new branches opening in late 2026 and 2027. The company said conflict in the Middle East led to trip cancellations, repatriations and reduced demand for all destinations. Adventure travel and cycling holidays drove sales growth, while tailor-made travel stalled.
Higher operating expenses contributed to the decline in net income. 80 mln. Analysts rate the shares of Voyageurs du Monde SA at "hold", compared with the leisure & recreation peer group average consensus recommendation of "buy". 50.
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