ebookers plc
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ebookers plc: 2001 Annual Results
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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EBOOKERS DELIVERS 75% ANNUAL SALES GROWTH AND AND 101% INCREASE IN GROSS PROFIT
London,18 March 2002; ebookers plc, Europes leading online travel agency (LSE:
EBR, Nasdaq: EBKR, Neuer Markt: eb6), today announces strong financial results
for the fourth quarter and year ended 31 December 2001.
Highlights (US GAAP)
2001 gross sales rise 75% to 179m despite September 11 tragedy. (2000:
102m).
2001 gross profit rises 101% to 19.4m, (2000: 9.7m) while operating costs
(excluding exceptional items) increase by only 7% from 33.9m in 2000 to
36.3m.
Negative EBITDA (excluding stock compensation) improves by 27% from (24.3)m in
2000 to (17.7)m in 2001.
Pre tax loss (excluding stock compensation) improves by 6% from (26.5)m in
2000 to (24.8)m in 2001.
Adjusted loss per ADR (excluding stock compensation) improves from (1.40)p in
2000 to (1.08)p in 2001.
Cash strong at 20m (Cash, Sept 30, 2001: 23m).
January and February 2002 trading strong.
Indian back office operations in place to deliver further cost efficiencies
from Q2 2002.
–ends–
For further information:
For full press release please visit the investor relations section of the
ebookers plc website www.ebookers.com or contact:
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 18.03.2002
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WKN: 928715; ISIN: US2787251063; Index:
Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart; London
180759 Mär 02
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