The 'High Cost' of Capturing Prime Customers Stops eDreams in the Bag: "Grow up, but Still Doesn't Make It a Profit"
4 Articles
4 Articles
The market does not forgive. EDreams knows now that after falling more than 14% in stock exchange on yesterday’s day when communicating, before the opening of the market, that its profit...
The eDreams company has announced a cut of its net profit to 200,000 euros in the first fiscal quarter of the year, compared to the earnings of 13.6 million euros in the same period in the previous year. This has caused a strong shock of the OTA in the stock markets. Specifically, the shares of the company have fallen 13.49% on the Stock Exchange in the half session this Tuesday. This means falling to 4.81 euros per share, all after starting the…
Technology, the largest European traveltech, records a negative reaction by investors to their accounts and the movements of Goldman Sachs and UBS in their capital.
**eDreams** fell more than 13% this Tuesday in stock market after reporting a net profit of **200,000 euros** in its first fiscal quarter, compared to 13.6 million euros in the same period of the previous year.The market punishes the cost of the investment phase.What the balance sheet figures say The online travel agency yielded 7.7% at 9:21 hours, up to **5.13 euros per share**, after starting the day with a drop of close to 5%.The correction w…
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