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On The Beach Group Anticipates FY Performance Below Board's Expectations
On The Beach Group Says HY Group Revenue £63.5 Mln
On The Beach Appoints Richard Pennycook As Non-Executive Chair Of Board
On the Beach Group plc is a United Kingdom-based online travel agent. The Company operates in two segments: Core and International. The Company's core segment conducts its activity through the United Kingdom Website (UK). The Company's international segment conducts its activity through Swedish Website (eBeach.se). The Company is an online retailer of beach short-haul beach holidays, primarily targeting customers in the United Kingdom under the On the Beach brand. The Company's technology platform enables customers to package the constituent components of their holiday (including flights, hotels and transfers) to build custom-made holidays from a range of flight and hotel combinations. The Company offers customers a range of flight and hotel products bookable through online channels (including by desktop, mobiles, tablets and applications) and over the phone. The Company's subsidiaries include On the Beach Beds Limited and On the Beach Travel Limited.
Aeroworks, 5 Adair Street
Richard J. Pennycook
Non-Executive Chairman of the Board
Chief Executive Officer, Executive Director
Chief Financial Officer
General Counsel, Company Secretary
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A sharp fall in the pound forced package holiday provider On The Beach to warn on profit on Friday, showing the threat posed to smaller companies that cannot manage the fallout from Britain's volatile Brexit negotiations.
Online travel agent On The Beach Group Plc warned on Friday that its full year performance would be below its own forecasts, saying a fall in the value of the pound had led to a significant increase in its prices.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.