ebookers plc
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Ad hoc announcement processed and transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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EBOOKERS.COM ANNOUNCES RECORD SECOND QUARTER AND
HALF YEAR RESULTS
– Gross sales for first half year 2001 up 104% on the first half year 2000
– Half year gross profit up 114%
– Cash on balance sheet remains strong at 28.9m ($40.9m)
– ebookers on target for positive cash flow in Q4 2001 or Q1 2002
London, England – 30 July 2001 – ebookers.com (LSE: EBR, Nasdaq: EBKR, Neuer
Markt: eb6),
Europe’s No.1 online travel agency, announces today results for the second
quarter and half year ending 30th June 2001.
Financial Highlights H1 2001: *
– Gross Sales H1 2001 at 91.0m ($131.0m), an increase of 104% compared to H1
2000 44.7m ($69.9m).
– Turnover H1 2001 at 73.5m ($105.8m), an increase of 110% compared to H1 2000
(35.1m, $54.9m).
– Gross profit H1 2001 at 9.0m ($13.0m), an increase of 114% compared to H1
2000 (4.2m, $6.6m).
Financial Highlights Q2 2001: *
– Gross Sales Q2 2001 at 48.7m ($69.3m), an increase of 91% compared to Q2
2000 (25.5m, $39.0 m).
– Turnover Q2 2001 at 40.1m ($57.1 m), an increase of 105% compared to Q2 2000
(19.6m, $30.0 m) and 20% compared to Q1 2001 (33.3m, $48.7m).
– Gross profit Q2 2001 at 4.6m ($6.6m), an increase of 104% on Q2 2000
– Cash on balance sheet remains high – 28.9 m ($40.9 m) as of 30 June 2001
compared to 31 March 2001 – 31.Om ($43.9m)
Q2 2001 Business Highlights:
– Targeting of package holiday market through partnership with The First Resort
– Launch of initiatives in India to reduce costs in back and middle office
– Leveraging European scale by negotiating pan-European GDS agreements with
Worldspan and Amadeus, in addition to existing Sabre agreement
– Successful listing on London Stock Exchange
– Completion of acquisition of MrJet
– Launch of interactive car hire and hotel booking on website.
* Figures in UK GAAP
For further information:
eboekers.com +44 (0) 20 7489 2239
Oliver Strong, Investor Relations Manager +44 (0) 7771 934 153
oliver.strong@ebookers.com
Kirchhoff Consult (Germany) +49 69 7474 8617
Elise Vanier
elise.vanier@kirchhoff.de
end of ad hoc announcement (c) DGAP 30.07.2001
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WKN: 928715; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart; London
300804 Jul 01
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