Voyageurs du Monde reported a 1.9% increase in revenue for the first half of 2026, reaching 323.4 million euros, compared to 317.3 million euros in the same period of 2025. Despite this growth, the company's net profit dropped by 20% to 4.6 million euros, mainly due to higher operating costs. EBITDA, a measure of a company's profitability before certain expenses, was 10.8 million euros for the period, a 2.7% decrease compared to the first half of 2025. The adventure travel and cycling travel segments showed positive performance, growing by 4.7% and 5.7% respectively, while customized travel experienced a small decline of 0.6%. As of August 31, 2026, the number of booked departures for 2026 was 1.3% lower than the same date in 2025, accounting for 95% of the revenue from 2025. The company anticipates a "moderate decline" in revenue and overall results for the current fiscal year compared to 2025. To address this, Voyageurs du Monde plans to continue its international expansion in customized travel, including the opening of a new agency in Munich in November 2026 and another in Milan in the first half of 2027. Bynativ, a subsidiary of the company, is also expected to expand its range of travel destinations and develop a technical sales platform for use across international markets. In the adventure travel sector, the group is continuing to develop its customized travel offerings and has launched Active Trails, a new brand aimed at an international audience interested in adventure and cycling travel in France. The cycling segment is also preparing to introduce a customized travel option and streamline its brand portfolio to improve clarity and focus. Voyageurs du Monde has also outlined the timeline for a public offer to delist from the stock exchange. On September 1, 2026, Avantage, the controlling holding company of Voyageurs du Monde, submitted a proposal for a public offer for withdrawal followed by a mandatory withdrawal targeting all the shares and convertible bonds (OCA) of the group to the Autorité des marchés financiers (AMF). Once the AMF issues its compliance declaration, expected on October 26, 2026, the offer would be open to shareholders from October 28 to November 10, 2026.