German Values Property Group AG

Earnings Release • Oct 18, 2006

News Details

Ad-hoc | 18 October 2006 13:36

Travel24.com AG: Positive operating result in the third quarter of 2006

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— Munich – 18 October 2006 – Travel24.com AG, the oldest listed travel portal in Germany, has, as predicted, achieved a positive operating result in the third quarter. Significant cost-cutting measures and the focus on core business resulted in an EBIT increase to EUR 0.1 million (Q3 prior year: EUR -0.9 million). The Board of Management expects a consolidation of online travel portals in future and is anticipating promising mergers for Travel24.com AG. While earnings in the current financial year are also being positively influenced by restructuring gains, the Board of Management expects to be able to generate a profit in the next financial year through the expansion of its sales and business activities. Contact: Travel24.com AG Investor Relations Sabine Fey Romanstraße 35 80639 München Tel.: +49 (0) 89 25 007 1012 Fax: +49 (0) 89 25 007 1021 mailto:ir@travel24.com www.travel24.com Urlaub zum Greifen nah. (c)DGAP 18.10.2006 ————————————————————————— Language: English Issuer: Travel24.com AG Romanstraße 35 80639 München Deutschland Phone: +49 (0)89 25007-1012 Fax: +49 (0)89 25007-1021 E-mail: ir@travel24.com WWW: www.travel24.com ISIN: DE000A0FAP75 WKN: A0FAP7 Indices: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Düsseldorf, München, Stuttgart End of News DGAP News-Service —————————————————————————