On The Beach has announced a double-digit profit increase in its latest trading update, outperforming the market.
The online package holiday specialist informed markets this morning that adjusted revenue saw a 12 per cent year on year growth in the first half of 2025, as reported by .
Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) experienced a 19 per cent rise year on year.
Profit before tax increased by 18 per cent year on year, while net debt decreased from £47.3m to £29.5m.
The total value of booked deals with customers grew by 13 per cent to £640.7m, On The Beach reported, driven by an 11 per cent increase in booking volumes.
The Manchester-based firm has reaped the benefits of a partnership with Ryanair amid surging demand for European holidays.
The company offers 130 short and long haul destinations, and has boosted its airline capacity to beach destinations by five per cent year on year.
Bookings have risen by 18 per cent in the quarter to date, it reported, with the brand expressing confidence in delivering full-year profit before tax in line with expectations of £38.2m.
This would signify a 44 per cent year on year increase in pre-tax profit.
These results are the latest indication that consumers continue to spend on holidays despite growing concerns about employment and the economy. Companies like On The Beach have profited from a surge in holiday demand following the global economy's reopening post-pandemic.
Shaun Morton, CEO of On the Beach, commented: "This record interim performance was driven by increased passenger bookings and reflects the strength of the On the Beach holiday proposition.
"Embedding perks into our app has resonated well with customers, while transformational development to our platform have facilitated our successful expansion into Ireland and City break packages."
"Demand for holidays remains strong as our customers continue to prioritise travel, and we are proud to have increased the breadth and quality of our offer so that they can holiday better and more often."
