More
    HomeBusiness & InvestmentsEconomicsChristian Tour reports 12 percent revenue growth and 24 percent EBITDA increase...

    Christian Tour reports 12 percent revenue growth and 24 percent EBITDA increase in H1 2026

    Published on

    Christian Tour has announced its financial results for the first half of 2026, reporting 12 percent year-on-year growth in total revenue, to RON 184.7 million. EBITDA increased at a faster pace, rising by 24 percent to RON 9.8 million, resulting in an EBITDA margin of 5.3 percent, compared with 4.8 percent in H1 2025. Net profit reached RON 6.3 million, up 15 percent year-on-year.

    Cristian Pandel, Founder and CEO of Christian Tour, said: “Our first results as a listed company demonstrate the strength of the Christian Tour business model and, above all, our team’s ability to deliver results in a demanding environment. Despite inflationary pressures, geopolitical uncertainty and higher costs across the tourism industry, we achieved record bookings for the first half of the year, while EBITDA grew twice as fast as revenue.”

    Bookings reached a record RON 460.1 million in H1 2026, representing an 8 percent increase compared with the same period last year. Average revenue per passenger rose by 18 percent to EUR 505. The higher average transaction value fully offset, and exceeded, the impact of lower passenger and booking volumes.

    Tour packages remained Christian Tour’s largest business segment in H1 2026, generating RON 331.5 million in bookings, up 9 percent year-on-year and accounting for approximately 72 percent of total bookings.

    “The first half of the year highlights one of the key strengths of our business model: we do not rely on a single tourism product category to drive growth. We saw increased demand for tours, exotic destinations and other higher-value experiences and, deliberately, we focused on improving profitability rather than volumes in lower-margin activities,” added Cristian Pandel.

    Regarding its M&A strategy, Christian Tour is currently in active discussions with three potential acquisition targets, spanning both its core tourism business and complementary sectors. Management aims to complete its first transaction before the end of 2026, subject to the successful completion of the relevant transaction processes.

    For the full year 2026, Christian Tour is targeting RON 1.042 billion in bookings, RON 843.0 million in IFRS revenue, EBITDA of RON 46.3 million, and net profit of RON 33.2 million.

    Latest articles

    WALDEVAR and SANY break ground on 95 MWp solar and 220 MWh storage project in Romania

    WALDEVAR Holding has begun construction of two co-located energy projects in Dobrești, Dolj, on...

    tbi bank appoints Costin Mincovici as Executive Director and Chief Risk Officer

    tbi bank is further strengthening its leadership team following its acquisition by Advent International,...

    Horváth: 75% of CIOs consider AI adoption the top priority for 2026

    The adoption of artificial intelligence is entering a new phase, with the focus shifting...

    Electrica signed the contract for high-efficiency natural gas Cogeneration Plant in Craiova

    Electrica announces that it has signed the contract for the development in Craiova of...

    More like this

    WALDEVAR and SANY break ground on 95 MWp solar and 220 MWh storage project in Romania

    WALDEVAR Holding has begun construction of two co-located energy projects in Dobrești, Dolj, on...

    tbi bank appoints Costin Mincovici as Executive Director and Chief Risk Officer

    tbi bank is further strengthening its leadership team following its acquisition by Advent International,...

    Horváth: 75% of CIOs consider AI adoption the top priority for 2026

    The adoption of artificial intelligence is entering a new phase, with the focus shifting...