On The Beach Group (OTB)

Sector:

Tourism and Leisure Services

Index:

FTSE Small Cap

258.50p
   
  • Change Today:
      1.00p
  • 52 Week High: 499.40
  • 52 Week Low: 140.00
  • Currency: UK Pounds
  • Shares Issued: 131.22m
  • Volume: 2,658,326
  • Market Cap: £339.20m

On the Beach profits tick ahead amidst continued Brexit uncertainties

By Iain Gilbert

Date: Tuesday 14 May 2019

LONDON (ShareCast) - (Sharecast News) - Travel retailer On the Beach saw gross profits move ahead slightly in the first six months of its trading year, despite continuing uncertainties around Brexit.
Gross profits increased just 5% year-on-year to £47.5m despite the group booking a 41% jump in revenues to £63.5m.

On the Beach saw revenues improve 1% at onthebeach.co.uk and sunshnine.co.uk, but a 56% decrease in international revenues to just £400,000 as the shuttering of Primera in early October hurt its bottom line.

Despite the challenges, the Greater Manchester-based firm upped its interim dividend by 18% to 1.3p and turned in 16% stronger earnings per share of 9.6p.

Chief executive Simon Cooper said: "This performance has been delivered against a soft background market, particularly in the important first calendar quarter, when uncertainties regarding Brexit impacted consumer appetite for booking holidays.

"Looking forward, we continue to remain cautious of the consumer environment until a Brexit resolution is found, but the resilient and flexible nature of our business model allows us to focus on profitable growth and gives us confidence in the group's outlook."

As of 0830 BST, On the Beach shares had slipped 2.39% to 440.24p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

OTB Market Data

Currency UK Pounds
Share Price 258.50p
Change Today 1.00p
% Change 0.39 %
52 Week High 499.40
52 Week Low 140.00
Volume 2,658,326
Shares Issued 131.22m
Market Cap £339.20m

OTB Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
90.88% below the market average90.88% below the market average90.88% below the market average90.88% below the market average90.88% below the market average
94.29% below the sector average94.29% below the sector average94.29% below the sector average94.29% below the sector average94.29% below the sector average
Price Trend
62.02% below the market average62.02% below the market average62.02% below the market average62.02% below the market average62.02% below the market average
12.33% below the sector average12.33% below the sector average12.33% below the sector average12.33% below the sector average12.33% below the sector average
Income
80.53% below the market average80.53% below the market average80.53% below the market average80.53% below the market average80.53% below the market average
63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average
Growth
24.62% above the market average24.62% above the market average24.62% above the market average24.62% above the market average24.62% above the market average
82.86% above the sector average82.86% above the sector average82.86% above the sector average82.86% above the sector average82.86% above the sector average

What The Brokers Say

Strong Buy 9
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 9
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

OTB Dividends

  Latest Previous
  Final Interim
Ex-Div 09-Jan-20 30-May-19
Paid 13-Feb-20 28-Jun-19
Amount 2.00p 1.30p

Trades for 22-May-2020

Time Volume / Share Price
17:08 8,685 @ 258.50p
17:07 2,000 @ 258.50p
16:37 90,000 @ 260.00p
16:36 100,000 @ 260.00p
16:35 57,638 @ 258.50p

OTB Key Personnel

CEO Simon Cooper

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