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On The Beach Group PLC (OTB.L)

OTB.L on London Stock Exchange

450.00GBp
6 Dec 2019
Change (% chg)

-5.00 (-1.10%)
Prev Close
455.00
Open
455.00
Day's High
455.00
Day's Low
447.20
Volume
439,639
Avg. Vol
275,629
52-wk High
495.00
52-wk Low
326.00

Latest Key Developments (Source: Significant Developments)

On The Beach Sees One Time Cost From Alternate Travel Arrangements After Thomas Cook Collapse
Monday, 23 Sep 2019 

Sept 23 (Reuters) - On The Beach Group PLC ::STATEMENT RE: THOMAS COOK AIRLINES LTD.ON BEACH IS ASSISTING CUSTOMERS THAT ARE CURRENTLY IN RESORT AND WHOSE TRAVEL PLANS WILL BE AFFECTED.ANTICIPATES THAT THERE WILL BE A ONE-OFF EXCEPTIONAL COST ASSOCIATED WITH HELPING CUSTOMERS TO ORGANISE ALTERNATIVE TRAVEL ARRANGEMENTS.CURRENTLY EVALUATING POTENTIAL EFFECTS OF FAILURE ON ITS FORECASTED PERFORMANCE FOR YEAR ENDING 30 SEPTEMBER 2020 DUE TO ONE-OFF COST.ONE-OFF EXCEPTIONAL WILL BE BOOKED IN CURRENT FINANCIAL YEAR.EXPECTS TO BE ABLE TO RECOVER COSTS OF CANCELLED FLIGHTS VIA CHARGEBACK CLAIM.  Full Article

On The Beach Group Anticipates FY Performance Below Board's Expectations
Friday, 9 Aug 2019 

Aug 9 (Reuters) - On The Beach Group PLC ::TRADING UPDATE.GROUP ANTICIPATES DELIVERING A FULL YEAR PERFORMANCE BELOW BOARD'S EXPECTATIONS.AS OTB REMAINS FOCUSED ON PROFITABLE GROWTH, RELATIVE PRICE INCREASES MAKE IT DIFFICULT FOR GROUP TO GAIN SHARE OF MARKET WHILE MAINTAINING MARGINS.INTERNATIONAL PLATFORMS WILL DELIVER SIGNIFICANT REVENUE GROWTH IN H2 FY19.  Full Article

On The Beach Group Says Remains Confident In Group's Outlook
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - On The Beach Group PLC ::CONTINUED TO PERFORM WELL IN FIRST FOUR MONTHS OF FINANCIAL YEAR, DRIVING CORE UK REVENUE GROWTH AFTER ALL MARKETING COSTS OF +20%.EXTERNAL SEARCH PROCESS IS UNDERWAY TO FIND A CHAIR OF BOARD, WHO WILL REPLACE INTERIM CHAIR DAVID KELLY.REMAINS CONFIDENT IN GROUP'S OUTLOOK.  Full Article

On The Beach Says Lee Ginsberg, A Non-Executive Director To Resign From Board
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - On The Beach Group PLC ::SEARCH THAT IS CURRENTLY UNDERWAY FOR A NEW CHAIR OF BOARD WILL BE WIDENED TO INCLUDE AN ADDITIONAL NON-EXECUTIVE DIRECTOR.LEE GINSBERG, A NON-EXECUTIVE DIRECTOR TO RESIGN FROM BOARD.  Full Article

On The Beach Group FY profit rises 18 pct
Wednesday, 28 Nov 2018 

Nov 28 (Reuters) - On The Beach Group PLC ::FY GROUP ADJUSTED PROFIT BEFORE TAX((3)) UP 17.9% TO £33.6M (FY17 : £28.5M).PROPOSED FINAL DIVIDEND OF 2.2P PER SHARE, TOTALLING 3.3P PER SHARE FOR YEAR (FY17: 2.8P PER SHARE), AN INCREASE OF 17.9%.THIS CURRENT PERFORMANCE IS IN LINE WITH OUR EXPECTATIONS AND BOARD BELIEVES BUSINESS IS WELL POSITIONED FOR KEY TRADING PERIOD THAT COMMENCES IN LATE DECEMBER AND CONTINUES INTO Q1 2019..  Full Article

On The Beach Group Non-Executive Chair Lee Ginsberg To Step Down
Thursday, 22 Nov 2018 

Nov 22 (Reuters) - On The Beach Group PLC ::ON THE BEACH GROUP - LEE GINSBERG, NON-EXECUTIVE CHAIR OF BOARD, WILL STEP DOWN FROM HIS POSITION AS CHAIR OF BOARD.ON THE BEACH GROUP PLC - DAVID KELLY, SENIOR INDEPENDENT DIRECTOR, WILL TAKE OVER CHAIR OF BOARD ROLE ON AN INTERIM BASIS.ON THE BEACH GROUP PLC - LEE WILL REMAIN ON BOARD AS A NON-EXECUTIVE DIRECTOR.ON THE BEACH GROUP PLC - AN EXECUTIVE SEARCH FIRM WILL SHORTLY BE APPOINTED TO ASSIST WITH SEARCH FOR A NEW CHAIR OF BOARD.  Full Article

On The Beach Says FY Adjusted PBT To Be In Line With Management Expectations
Thursday, 16 Aug 2018 

Aug 16 (Reuters) - On The Beach Group PLC ::UNIT ACQUIRED ENTIRE ISSUED SHARE CAPITAL OF CLASSIC COLLECTION HOLIDAYS FOR £20.0M.DEAL WILL BE EARNINGS ENHANCING IN FIRST FULL YEAR OF OWNERSHIP, INCLUDING SOME INITIAL INVESTMENT FROM ON BEACH.  Full Article

On The Beach Group Says Richard Segal Will Cease To Act As Non-Executive Chair
Tuesday, 3 Jul 2018 

July 3 (Reuters) - On The Beach Group PLC ::RICHARD SEGAL WILL CEASE TO ACT AS NON-EXECUTIVE CHAIR OF BOARD AND CHAIR OF NOMINATION COMMITTEE FROM 3 SEPTEMBER.LEE GINSBERG WILL SUCCEED RICHARD SEGAL AS CHAIR OF BOARD AND CHAIR OF NOMINATION COMMITTEE FROM 3 SEPTEMBER.  Full Article

UPDATE 2-Sterling fall prompts profit warning from On The Beach

* Fall in sterling leads to higher prices (Adds reaction, Brexit context)