HBX Group Reports Resilient Growth Amid Leadership Transition

The company’s revenue reached €177 million, a 3% dip year-on-year at constant currency, as the firm prioritized long-term market share over immediate margins. Management noted that the ongoing conflict in the Middle East acted as a 4-percentage-point headwind to TTV growth, though booking trends showed a marked recovery toward the end of the quarter. Europe and the Americas served as the primary engines of performance, with the latter seeing a 21% surge in TTV.

Following the retirement of Nicolas Huss on September 30, 2026, current CFO Brendan Brennan will step in as interim CEO. The transition coincides with a period of disciplined capital deployment, including a €100 million share buyback program and the payment of a maiden interim dividend of 7.5 euro cents per share. Looking ahead, the group narrowed its full-year guidance, projecting TTV growth between 13% and 15% as it leans into AI-driven connectivity and strategic acquisitions like the recently completed Bridgify deal.