The Hostelworld Group plc has reinstated a progressive dividend policy with a target annual dividend payout ratio of between 20% and 40% of adjusted profit after tax, in line with the capital allocation framework presented at the Capital Markets Day on 29 April 2025.
The Board has declared an interim dividend of 0.82 € cent per share in respect of the six months ended 30 June 2025 (six months ended 30 June 2024: €nil) payable on 19 September 2025 to shareholders on the register on the record date of 29 August 2025, (ex-dividend date - 28 August 2025).
Other financial highlights include:
Net bookings of 3.7m (+0% year on year) and net average booking value of €13.40 (-1% year on year), generated net revenue of €46.7m (+0% year on year)
Direct marketing as a percentage of generated revenue totalled 51%, (H1 2024 45%)
Operating costs of €12.4m, (-1% year on year) with costs maintained at 27% of net revenue
Adjusted EBITDA of €7.4m with deferred revenue of €3.1m, (H1 2024 EBITDA of €9.6m, deferred revenue of €3.6m)
Operating profit for the period €2.1m compared to €4.0m in H1 2024 (-47% year on year)
