lastminute.com gross
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Lastminute.com in £16m Med Hotels purchase
News Lastminute.com has paid just over £16m for Med Hotels, a UK-based holiday reseller. The price of £16.1m will be made up of £8m in cash - and the balance, which could increase depending on performance over the next few years, in new Lastminute.com... [03 Dec 2003]
Lastminute.com buys £60m French travel firm
News UK online discount retailer Lastminute.com has bought French travel company Dégriftour for almost £60m. Dégriftour is an online vendor of unsold airline tickets and last year reported a gross profit of £9.1m. [14 Aug 2000]
Lastminute.com reveals lastquarter.profit
News Lastminute.com has announced gross profits for its first quarter of £25m - representing a 128 per cent increase on the same quarter last year. Lastminute.com has recently added more companies to its stable of properties. [12 Feb 2004]
Lastminute.com gets investor green light for £59m deal
News Lastminute.com will pay £27.1m in cash, of which £5.9m is payable after one year, as well as 19.7 million shares in lastminute.com. Brent Hoberman, CEO of lastminute.com claimed the deal achieved the type of presence in the French market that would... [26 Sep 2000]
lastminute.com splashes out €46.7m for lastminute.de
News lastminute.com has paid €46.7m in cash and shares to two entrepreneurs for a clutch of German companies, the lastminute.de operation and the lastminute.tv domain name. Brent Hoberman, CEO of lastminute.com, was widely reported earlier this year as... [30 Jun 2004]
Lastminute snaps up £9m flight firm
News Shares in lastminute.com jumped this morning after the online travel agent announced it first major UK acquisition. Lastminute said it is buying Travelselect.com - an online flight provider - for £9m. [08 Apr 2002]
Directors' Cut: David Taylor on the fear of failure
Comment The trouble is, they failed to tell the founders of lastminute.com, or smile.co.uk or egg, whose philosophy and attitude was somewhat different. Even the founders of BPR are now admitting it was a gross, costly mistake - they should hang their... [18 Jan 2000]
Lastminute makes a profit
News Dot-com survivor lastminute.com has today released its fourth quarter results, and has for the first time reported a positive operating cash flow. When the charges are taken into account, Lastminute made a loss of £9.55m for the quarter. [22 Nov 2002]
Lastminute promises a profitable 2002
News At the end of the quarter Lastminute.com had £61.8m in cash, with the quarterly cash burn rate reduced to £9.14m. Gross profit rose 39 per cent on the first quarter to £3.9m. Losses for the quarter ending 31 March 2001 were £14.3m - down from... [08 May 2001]
Judge kicks lawsuit into touch
News The lawsuit claimed that Meeker, dubbed 'the Queen of the internet' by embittered shareholders, artificially bumped up the share values of eBay, Amazon and Lastminute by issuing overly positive stock recommendations. [22 Aug 2001]
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