ebookers reports strong Q1 results - TravelMole


ebookers reports strong Q1 results

Tuesday, 14 May, 2002 0

The online travel sector got more good news yesterday when ebookers revealed that its pre-tax losses had narrowed during the first quarter of the year.

Pre-tax losses for the first three months of 2002 fell 40% quarter on quarter and 59% year on year to £3.5million. Gross sales were up 54% quarter on quarter to £61million, compared to £39million for the last three months of 2001.

Chief executive Dinesh Dhamija (left) said that the company was seeing the benefits of its acquisitions which include La Compagnie Des Voyages in France in August 1999, Flightbookers plc in November 2000 and MrJet in the Nordics in March 2001. He claimed: “These acquisitions have given us the best online merchant product range in Europe, offering major discounts to our customers. This acquisition and integration process was made easier by the long experience of our management in European travel.”

Mr Dhamija added: “We are now in a strong position to enter another period of consolidation and are considering the acquisition potential of further substantial companies in Europe, on the basis that these support the group’s profitability targets.”



 



Most Read

Mark Jaronski of Explore Georgia on FIFA World Cup 2026

Connecting Small Businesses to Global Tourism Markets: Nate Huff of Tourism Exchange

North Carolina’s Resilience: Wit Tuttell on Recovery and Tourism

Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns

James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel

Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination

Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics

Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy

Bubba O’Keefe on Clarksdale’s Vibrant Music Scene

Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee

Craig Ray and the Expansion of the Blues Trail

Presenting Mississippi’s Cultural Trails with Katie Coats
TRAINING & COMPETITION

Our emails to you has bounced travelmole.com Or You can change your email from your profile Setting Section

Your region selection will be saved in your cookie for future visits. Please enable your cookie for TravelMole.com so this dialog box will not come up again.

Price Based Country test mode enabled for testing United States (US). You should do tests on private browsing mode. Browse in private with Firefox, Chrome and Safari