NEWS Lastminute.com has hit operational profitability in the UK and France three months ahead of schedule. The company has slashed losses for its second financial quarter by 50 per cent on last year to £5.3m. It pointed to tight cost controls and a quarter-on-quarter growth in sales. Early morning traders welcomed the news, pushing the company's share price up by more than three per cent to 88.5p. The company said it is well-positioned to take on the European market following its acquisition of Travelselect.com last month.
Lastminute.com halves losses
Martha and Brent will be pleased... imagine those toothy grins...
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