HBX shares slide after first-quarter results

HBX International

28/01/2026 09:15

** Shares of Spanish travel technology company HBX Group HBX.MC slide about 2% after it reports a lower take rate, percentage of money a company keeps from each transaction on its platform, in its first-quarter results

** The company fails to convince investors even after it confirms its full-year 2026 guidance and reports 1% Q1 revenue growth year-on-year at 170 million euros

** Renta 4 sees a negative bias on the 0.9% take rate decline year-on-year due to leaning more on third‑party suppliers and high‑volume distribution channels and running selective commercial campaigns in a highly competitive environment

** The broker also says the company's lower growth in Mobility and Experiences products against a stronger Accomodation can affect investors confidence

 (Reporting by Gemma Guasch)

 ((Gemma.guasch@thomsonreuters.com; +48 58 746 90 08))