(AOF) – OL Group has unveiled its half-year accounts showing a 28% increase in revenue, to 172 million euros. If EBITDA amounts to 7.6 million euros, the group records an operational loss of 32.6 million euros compared to 51.8 million as of December 31, 2022 and a net loss, group share of 60.6 million euros compared to 60.2 million euros a year earlier. In view of Eagle’s plan to list on the New York Stock Exchange in 2024, the company name of OL Groupe will be changed before March 31, 2024, to become Eagle Football Group.
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Global tourism still on the rise
Over the first nine months of 2022, 700 million tourists traveled internationally, more than double (+133%) the figure recorded for the same period in 2021. This figure reached 63% of 2019 levels , which should allow the sector to reach 65% of its pre-pandemic levels in 2022. This result is due to a high level of demand and the gradual lifting of restrictions in a large number of countries. Europe is significantly supporting this rebound with the arrival of 477 million people between January and September 2022 (68% of the global total), reaching 81% of the pre-covid level. Tourism there is driven by strong intra-regional demand and travel from the United States. Some destinations saw notable increases in revenue, including Serbia, Romania, Turkey, Latvia, Portugal, Pakistan, Mexico, Morocco and France.