Julia Weinhart
Head of Investor Relations
Good morning, everybody, and thanks for becoming a member of us as we speak. We worth your continued help and are happy to current to you as we speak our newest growth. After the presentation, we’ll be completely satisfied to deal with your questions.
With that, I am going to hand it over to Alessandro to start.
Alessandro Petazzi
Govt Director & CEO
Thanks, Julia, and thanks, and good morning, everybody. Thanks for becoming a member of us. Properly, we simply closed what’s historically crucial interval of the 12 months for us and for leisure journey on the whole. And our outcomes this quarter confirmed the power of demand. And I might say the power of our execution, which is clearly extra vital.
Over the previous few months, we have been very centered on 3 issues, proper, on delivering disciplined development, which suggests gaining clients and share in markets and channels the place the unit economics are enticing. We have additionally been enhancing profitability, which now we have achieved by pricing, automation and improved reserving high quality, and I’ll elaborate on that within the subsequent few slides. And lastly, we have been constructing a extra scalable group, one that’s leaner, sooner and structurally extra environment friendly.
This quarter, you see the primary outcomes of these choices translating into efficiency, high-teens income development, robust EBITDA enlargement, and we proceed to enhance our money era, supported by a decrease mounted value base, additionally following the reorganization of the corporate we had within the second quarter.
Simply as importantly, now we have continued to simplify the enterprise and allocate deal with the areas the place we will win at scale, and the choice