on Travelex Issuerco 2 Plc (isin : XS2248458049)
Travelex Q2 2026 Financial Results
Travelex Issuerco 2 Plc released its Q2 2026 results, facing challenges due to the Middle East conflict. This affected global currency supply chains and impacted international travel patterns. Despite these setbacks, the Group focused on cost management to support those affected.
In June, a major financial restructuring occurred when the Group's shareholders agreed to cancel 70% of investor loans. This move bolstered the company's financial stability. The Group is actively pursuing growth, securing contracts at Sydney International Airport and expanding in Düsseldorf and Edinburgh airports.
Additionally, Travelex plans to sell Banco Travelex S.A. in Brazil to StoneX Group, pending regulatory approval. Q2 revenue totaled £97.5m, down £15.5m year-on-year. Underlying EBITDA stood at £3.9m, reflecting a £3.6m decrease on a like-for-like basis.
R. P.
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