Booking.com

A weak quarter with a strong focus on taking the company into the future

Booking.com

The MQ Group had a weak fourth quarter with weak sales and lower earnings. Less clearance stock has adversely affected traffic and therefore sales, but also entails less price reduction in the business overall. MQ’s online shopping segment, on the other hand, is showing strong development with more customers and a higher conversion rate, which is fully in line with our expectations in this prioritised area. During the year, our new Executive Management Team and all our dedicated employees have laid the foundation and set the course for taking the company into the future. We are working

Source: A weak quarter with a strong focus on taking the company into the future

Booking.com
Booking.com

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