Brief: On The Beach Group Temporarily Suspends Annual Profit Guidance Amid Middle East Conflict
12/03/2026 07:21
March 12 (Reuters) - On The Beach Group PLC OTB.L: ON THE BEACH GROUP PLC: REMAINS CONFIDENT IN DELIVERY OF GROUP'S MEDIUM-TERM AMBITION OF £2.5BN TTV, £100M EBITDA, £85M PBT AND 38.7P EPS ON THE BEACH : LIMITED EXPOSURE TO DESTINATIONS IN MIDDLE EAST, HAS EXPERIENCED SIGNIFICANT SLOWDOWN IN DEMAND FOLLOWING ONSET OF CONFLICT IN REGION ON THE BEACH GROUP PLC - TEMPORARILY SUSPENDS GUIDANCE OF £39M-£43M ADJUSTED PBT FOR FULL YEAR ON THE BEACH GROUP PLC: TIMING OF WHEN CONFLICT WILL END AND SHAPE OF RECOVERY IN DEMAND TO THESE DESTINATIONS ARE UNKNOWN Source text: ID:nRSL3112Wa Further company coverage: OTB.L ((Reuters.Briefs@thomsonreuters.com;))