Q3 25 results broadly in line Results were in line with consensus at the Cash EBITDA level. With Prime members at 6.84m, slightly below the 6.9m we expected, Cash revenue margin came slightly below our estimates. However, excellent performance in variable costs helped push marginal profit (revenues less variable costs) up 37% vs Q3 24, for a 6PP improvement in margin. This also helped Adj. Cash EBITDA come in slightly above consensus. No major news following January''s in-depth CMD eDreams h ....