0848 GMT - Online holiday retailer On the Beach's 1H results confirm the encouraging year-to-date trends, with total transaction value up 13% to 640.7 million pounds, and revenue up 7%, Shore Capital analysts Katie Cousins and Greg Johnson say in a note. Its working capital saw a one-off benefit from the Ryanair partnership, with overall net debt reduced by 18 million pounds to 29.2 million pounds, Shore says. "OTB highlights the ongoing execution of its growth strategy, leaving the group well placed for another record summer," the analysts say. Shares are down 2% at 264.50 pence, and are up 58% over the past 12 months. (anthony.orunagoriainoff@dowjones.com)
(END) Dow Jones Newswires
May 13, 2025 04:48 ET (08:48 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。