On The Beach Group (OTB)

Sector:

Tourism and Leisure Services

Index:

FTSE Small Cap

308.00p
   
  • Change Today:
      8.00p
  • 52 Week High: 499.40
  • 52 Week Low: 140.00
  • Currency: UK Pounds
  • Shares Issued: 157.36m
  • Volume: 705,771
  • Market Cap: £484.68m

On The Beach to take one-off hit from Thomas Cook collapse

By Michele Maatouk

Date: Monday 23 Sep 2019

LONDON (ShareCast) - (Sharecast News) - On The Beach said on Monday that it will take a one-off hit as it helps customers affected by the collapse of Thomas Cook.
The package holiday provider will book an exceptional cost as it helps customers to organise alternative travel arrangements, although it did not specify an amount.

The group said it expects to be able to recover the costs of the cancelled flights via chargeback claim, as was the case for the collapse of Monarch Airlines in 2017.

"This one-off exceptional will be booked in the current financial year. The board is currently evaluating the potential effects of the failure on its forecasted performance for the year ending 30 September 2020, and a further update will be provided when appropriate," it said.

On The Beach warned in August that its full-year performance would be below the board's expectations due to the depreciation of the pound.

Email this article to a friend

or share it with one of these popular networks:


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 308.00p
Change Today 8.00p
% Change 2.67 %
52 Week High 499.40
52 Week Low 140.00
Volume 705,771
Shares Issued 157.36m
Market Cap £484.68m

OTB Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
94.51% below the market average94.51% below the market average94.51% below the market average94.51% below the market average94.51% below the market average
97.14% below the sector average97.14% below the sector average97.14% below the sector average97.14% below the sector average97.14% below the sector average
Price Trend
51.07% below the market average51.07% below the market average51.07% below the market average51.07% below the market average51.07% below the market average
1.37% below the sector average1.37% below the sector average1.37% below the sector average1.37% below the sector average1.37% below the sector average
Income
88.44% below the market average88.44% below the market average88.44% below the market average88.44% below the market average88.44% below the market average
81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average
Growth
24.48% above the market average24.48% above the market average24.48% above the market average24.48% above the market average24.48% 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 03-Jun-2020

Time Volume / Share Price
16:35 61,991 @ 308.00p
16:29 450 @ 307.00p
16:29 283 @ 307.00p
16:29 38 @ 306.50p
16:29 296 @ 307.00p

OTB Key Personnel

CEO Simon Cooper

Top of Page