Friday, September 15, 2023 10:03:48 AM
6:18 AM ET, 09/05/2023 - Briefing.com
This strategic shift aims to fuel long-term growth and underscore the relevance of its offerings to travelers. Additionally, trivago anticipates distributing a one-time extraordinary dividend later this year, subject to shareholder approval. trivago's renewed emphasis on brand marketing is prompted by the robust growth in the online travel sector and the positive impact of the company's latest summer marketing campaigns. The company is intensifying its brand marketing investments, with an anticipated decrease in profitability for the current year. It no longer expects to exceed adjusted EBITDA* of 70 million in 2023. As part of a multi-year strategy to rejuvenate its brand presence, the company aims for a return to double-digit revenue growth in the medium term. trivago is confident that its meta-search model is more relevant than ever. Travelers remain budget-conscious when booking hotels. Compared to 2019, room rates have increased, and most travelers appear to be Over the past several years, the company has proven its ability to generate robust cash flows. To further optimize its capital structure and to return value to shareholders, trivago plans to issue a special one-time extraordinary dividend. The dividend is anticipated to total approximately 184 million (or approximately 0.53 per share) (.56 american coin) and to occur later this year, subject to shareholder approval.
Math that makes you go...wtf?
Sooo...WTF is TRVG even thinking?
"Then there was a woman, a lion of a woman."
Recent TRVG News
- trivago N.V.'s First Quarter 2024 Earnings Release Scheduled for April 30, 2024; Webcast Scheduled for May 1, 2024 • GlobeNewswire Inc. • 04/22/2024 12:03:00 PM
- Robin Harries assumes CFO role at trivago • GlobeNewswire Inc. • 04/02/2024 10:30:00 AM
- Form 20-F - Annual and transition report of foreign private issuers [Sections 13 or 15(d)] • Edgar (US Regulatory) • 03/01/2024 12:24:06 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/06/2024 09:04:46 PM
- trivago N.V.'s Fourth Quarter 2023 Earnings Release Scheduled for February 6, 2024; Webcast Scheduled for February 7, 2024 • GlobeNewswire Inc. • 01/24/2024 11:00:00 AM
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- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/01/2023 08:03:45 PM
- trivago Announces Ex-Dividend Date for Extraordinary Dividend and Updates Effective Date for the Ratio Change under its American Depositary Share Program • GlobeNewswire Inc. • 11/01/2023 11:06:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/27/2023 11:35:46 AM
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- trivago N.V.'s Third Quarter 2023 Earnings Release Scheduled for November 1, 2023; Webcast Scheduled for November 2, 2023 • GlobeNewswire Inc. • 10/17/2023 10:00:00 AM
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- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/05/2023 10:03:38 AM
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- trivago N.V. Announces an Extraordinary General Meeting of Shareholders to Approve One-time Extraordinary Dividend • GlobeNewswire Inc. • 09/15/2023 10:06:00 AM
- trivago Reinforces Brand Marketing to Drive Long-Term Growth • GlobeNewswire Inc. • 09/05/2023 10:15:16 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/05/2023 10:04:42 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/01/2023 08:07:14 PM
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- trivago N.V.'s Second Quarter 2023 Earnings Release Scheduled for August 1, 2023; Webcast Scheduled for August 2, 2023 • GlobeNewswire Inc. • 07/24/2023 10:00:00 AM
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