Ebookers prepares for take-off on the London Stock Exchange

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By Polly Fergusson Ebookers, an online travel agency, is listing on the London Stock Exchange as ...

By Polly Fergusson Ebookers, an online travel agency, is listing on the London Stock Exchange as a bid to attract more investment from small- and mid-cap fund managers and increase its presence in the UK, its biggest market. The news comes after a disastrous year in which the share price of Ebookers, currently listed in New York and Germany, fell 92% on the back of concerns about internet-related stocks and their ability to generate profits. Ebookers is still loss-making but its sales rose fourfold to £84m for 2000 compared with £15.6m in 1999, and it is sticking with its pledge to bec...

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