6-Aug-2010 12:25 PM

Orbitz Worldwide revenue up 3%, profits down in 2Q2010

Orbitz Worldwide revenue up 3% - financial highlights:

  • Three months ended 30-Jun-2010:
    • Revenue: USD193.5 million, +3% year-on-year;
      • Air: USD70.9 million, +3%;
    • EBITDA: USD41.6 million, -3%;
    • Net profit: USD9.7 million, -5%;
    • Operating cash flow: USD18.7 million, compared to a negative cash flow of USD17.9 million in p-c-p;
  • Six months ended 30-Jun-2010:
    • Revenue: USD380.6 million, +1%;
      • Air: USD142.5 million, -5%;
    • EBITDA: USD67.0 million, compared to a loss of USD266.3 million in p-c-p;
    • Net profit: USD4.5 million, compared to a loss of USD325.9 million in p-c-p;
    • Operating cash flow: USD114.7 million, +16%. [more]