Pre-tax profits at ebookers increase

Pre-tax profits at the Irish arm of online travel firm ebookers increased sixfold in 2010 to €352,518 after gross venues increased by a third, .

Accounts just filed show ebookers.ieLtd recorded gross revenue of €34.8 million in the period, compared to € 26 million a year earlier. However, an exceptional gain of €782,857 relating to a VAT refund and a reversal of a VAT accrual was the major factor in the profit figure.

Higher administrative expenses of € 3.3 million resulted in the company’s operating loss increasing sharply from €7,436 to €468,140 in the year