HolidayCheck Group AG reported earnings results for the third quarter and nine months of 2018. For the quarter, the company reported EBITDA increased by EUR 9.3 million to EUR 10.5 million. EBT improved by EUR 9.4 million from minus EUR 4.6 million in 2017 to EUR 4.8 million in the current financial year. Third-quarter EBT went up by EUR 3.9 million from minus EUR 3.1 million in 2017 to EUR 0.8 million in 2018. Consolidated net profit/loss from continuing operations for the first three quarters improved from minus EUR 4.9 million in the prior year to EUR 3.5 million in 2018 (up EUR 8.4 million). As mentioned above, the third-quarter figure went up by EUR 3.3 million from minus EUR 2.8 million to EUR 0.5 million year on year. Revenue for the third quarter was up by 11.3% year on year (third quarter 2017: EUR 32.0 million.

For the nine months, the company reported that revenue rose by EUR 15.2 million (16.3%) from EUR 93.2 million in 2017 to EUR 108.4 million as at 30 September 2018. EBITDA (earnings before tax, interest, depreciation and amortisation) in the nine-month period under review increased by EUR 9.9 million and stood at EUR 9.8 million (first nine months of 2017: minus EUR 0.1 million). Third-quarter EBITDA improved by EUR 4.1 million from minus EUR 1.5 million in 2017 to EUR 2.6 million in 2018. EBIT (earnings before interest and tax) for the first nine months of the year improved from minus EUR 4.5 million in 2017 to EUR 4.9 million in 2018 (up EUR 9.4 million). At EUR 0.9 million, the third-quarter figure was EUR 3.9 million higher compared to 2017 (minus EUR 3.0 million). Basic and diluted earnings per share from continuing operations for the first nine months of the year went up by EUR 0.15, from minus EUR 0.09 in 2017 to EUR 0.06 in 2018. The corresponding figure for the third quarter was EUR 0.01 - up EUR 0.06 from minus EUR 0.05.

In light of the revenue and earnings figures reported over the first three quarters, the Management Board anticipates a year-on-year increase in Group revenue of between 10.0 and 14.0% for the financial year 2018 as a whole, adjusted for acquisitions or disposals of long-term equity investments and any new company formations. Given the investments in personnel and marketing outlined above, the Management Board expects operating EBITDA for the financial year 2018 to lie between EUR 7.0 million and EUR 10.0 million.