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Travel24 - Immer einen Schritt voraus

Semi-annual financial report Q2 2013

In the first-half year of 2013 Travel24.com AG continued to be successful in the online travel market. Overall, there was a slight growth in revenues, however results were significantly lower than in the first half of the previous year. This is, as far as the operating results are concerned, primarily a result of the proportionate increase in the level of investments made in France and Great Britain as part of the strategy to drive the business into international markets.

In addition, increased competitive pressures in the package tour sector in the domestic market resulted in a slight reduction in the number of online bookings generated despite the marketing budget being held at approximately the same level. In addition, operating results (EBIT) were affected by the expense recorded for property taxes incurred on the property acquired in the third quarter of 2012. One milestone achieved this half-year was the successful launch of the hotel booking portal in Germany and in Great Britain in Q2/2013.

Download Semi-annual financial report Q2 2013 

 

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