eDreams rises as 'resilient' results push back bearish narrative

Edreams Odigeo SA

28/05/2026 10:31

** Shares of eDreams EDRE.MC jump 10% after the Spanish online travel booking firm reports a surge in full-year adjusted core profits and affirms plans to expand its membership base
** "Overall, this is a resilient set of results and outlook from eDreams, especially against the backdrop of the conflict in Iran and the potential knock-on impact on travel and consumer sentiment," says Cantor    
** The broker says FY Prime subscriber growth, cash EBITDA and adjusted EBITDA are broadly in line to slightly ahead of expectations 
** Cash EBITDA fell 13% to €157 million, but was above the €155 million target, while adjusted EBITDA grew 29% to €172.3 million
** eDreams also maintains its cash EBITDA target of €115 million for 2027, broadly in line with consensus 
** Cantor says the results should "help push back against some of the more bearish  narratives on the stock"
** Today's gains narrow year-to-date losses to around 6%

 (Reporting by Marta Serafinko in Gdansk)
 ((marta.serafinko@thomsonreuters.com))