eDreams Shares Jump After Meeting Annual Profit Targets
eDreams posted annual cash EBITDA of 157 million euros and maintained its growth targets. Shares rose 9 percent as the firm showed resilience despite disruptions.
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EDREAMS ODIGEO SL reported cash EBITDA of €157 million for the fiscal year ending March, meeting its revised profit targets. The results demonstrate stability for the Spain-based travel firm despite regional conflicts and subscriber growth slowdown. Shares rose 9% in early trading on May 28.
### Subscription Model Faces Regional Headwinds The €157 million cash EBITDA figure slightly exceeded the forecast eDreams Odigeo provided in November. This performance follows a period of volatility where Middle East disruptions impacted flight routes and increased operational costs.
