Travelex Q1 2026 Results

Travelex Issuerco 2 Plc Q1 2026 Results Travelex Issuerco 2 Plc 13 May 2026   Travelex Issuerco 2 Plc ("Travelex" or the "Company") 13 May 2026 The Company reports results for the quarter ended 31 March 2026 for Travelex International Limited and its subsidiaries (the 'Group'), a global travel money provider and wholesale banknote supplier:   •     Trading in Q126 was impacted by the Middle East conflict, which disrupted regional stores, global currency supply chains and travel patterns.  The Group has actively taken steps to support colleagues, customers,partnersand local communitiesaffected by the conflict. •     Revenue was £93.8m, £22.3m lower than Q1 2025.  Excluding Brazil, revenue was £78.4m, £22.3m lower than Q125. •     Underlying EBITDA loss was £2.9m, £3.7m adverse to Q125.  Excluding Brazil, underlying EBITDA loss was £3.9m, £3.9m lower than Q125. •     Targeted reductions in overheads and support costs, and a decrease in trading costs in line with revenue, mitigated the impact on EBITDA.  The Group continues to focus on cost discipline and operational efficiency.  
  Disclaimer: These Q1 2026 Results are preliminary and reflect management's current view of the Group's quarterly performance.  They are unaudited.   Enquiries: Travelex For investor-related queries: Victoria.Benis-Lonsdale@travelex.com   For other enquiries: Press@travelex.com   -END- This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.