There is quite a lot for investors to look out for when online package holiday provider On The Beach (OTB) reports full-year results on 3 December.

First up will be bookings since the end of its financial year on 30 September. Are people still making holidays a priority despite continuing pressure on household budgets? 

In the company’s pre-close trading update, On The Beach reported record TTV (total transaction value) of £1.3 billion – a 15% increase from last year and summer 2024 year-on-year volume growth of 13%.

On The Beach chief executive Shaun Morton said at the time winter 2024 volumes were ‘currently 34% ahead of the prior year’ as customers were seeking winter sun and ‘enjoying long-haul destination packages’.

Second, investors will be looking to see how On The Beach’s relationship with Michael O’Leary’s low-budget airline Ryanair (RYAAY:NASDAQ) is progressing.

Under the distribution deal signed in February this year, On The Beach is now able to offer its customers flexible payment plans and ATOL protection.

Benjamin Sandland-Taylor, analyst at Berenberg ,notes the firm has delivered earnings in line with consensus expectations for 2024 despite the fact it had to absorb some one-off costs as a result of its integration with Ryanair.

‘Recent trading remains robust, and coupled with the removal of the Ryanair overhang, we believe the outlook for the business is even more attractive,' Sandland-Taylor says.

Finally, shareholders will be waiting to see the level of final dividend declared after the reintroduction of a first-half payout in May.

UK UPDATES OVER THE NEXT 7 DAYS

FULL-YEAR RESULTS

29 Nov: Genedrive

2 Dec: SRT Marine Systems

3 Dec: Gooch & Housego, Greencore, Marston’s, On The Beach, Paragon Banking, SSP Group

4 Dec: Treatt, Tritax Eurobox

FIRST-HALF RESULTS

29 Nov: Northern Bear, Peel Hunt

3 Dec: Discoverie, Mind Gym, Ondo Insurtech, System1

5 Dec: Baltic Classifieds, Carclo, SDI, Smith (DS)

TRADING ANNOUNCEMENTS

5 Dec: Balfour Beatty

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