ebookers plc
ebookers.com PLC english
Ebookers announces Q3 results estimates
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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– Very strong financial improvement –
London, England 24 October 2001 ebookers.com (LSE: EBR, Nasdaq: EBKR,
Neuer Markt: eb6) Europes No. 1 online travel agency today gives estimates for
its third quarter results (Jun 1 – Sep 30) showing a very strong improvement in
financial performance. The companys Q3 results will be announced on Monday
29th October.
Breakeven nearly there despite September 11
Negative EBITDA (Negative earnings before tax, interest, depreciation and
amortization) has been reduced by over 5m in just one quarter. It has
improved to a loss of 0.5m for Q3 compared to a loss of 5.7m for Q2 (ending
Jun 2001).
Including net interest income and exchange gains (EBTDA) this figure improves
to a profit of 0.2m for Q3 compared to a loss of 5.9m in Q2, an improvement
of over 6m in just one quarter.
Losses before taxation are also on track for major reduction in just one
quarter. In Q2 2001, ebookers posted losses of 8.6m. In Q3 this loss has
fallen to 2.6m an improvement of approximately 6m in just one quarter.
All estimates in UK GAAP and unaudited*
(For US GAAP figures please refer to full press release text. This is on the
investor relations section of the ebookers UK website www.ebookers.com, or can
be obtained directly from ebookers by emailing oliver.strong@ebookers.com.)
–ends–
For further information:
ebookers.com
Oliver Strong
+44 (0) 20 7489 2239
oliver.strong@ebookers.com
+44 (0) 7771 934 153
Kirchhoff Consult (Germany)
Elise Vanier
+49 69 7474 8617
elise.vanier@kirchhoff.de
end of ad-hoc-announcement (c)DGAP 24.10.2001
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WKN: 928715; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart; London
240800 Okt 01
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