European online travel agency group, eDreams Odigeo, has marked its fifth quarter in a row since it returned to profitability.
The company's first quarter 2016 results, ending 30 June, saw it hit a 30% increase in adjusted EBITDA year-on-year.
The results are a far cry from the losses it encountered just over 12 months ago - y/y adjusted EBITDA figures for the third and fourth quarters of the 2014-2015 financial period were down 29.5% and 10.8% respectively.
Revenues for the company in Q1 of the latest reporting segment were Euro 214.2 million, up 9% on the previous quarter.
The company says it is now the largest flight retailer in Europe. It is an affiliate of Booking.com for the accommodation channels on its main OTA brands, such as eDreams and Opodo.
CEO Dana Dunne says the results have come from strong performance in both its flight and non-flight businesses, including a "marked decrease in variable costs per booking".
