Press Releases

Amsterdam / Chiasso, 8 August 2024 – lastminute.com N.V. (“lastminute.com”), the European Travel-Tech leader in Dynamic Holiday Packages (DP), today announced its unaudited results for the first half of 2024. Despite a weaker semester, the Group’s core product, Dynamic Holiday Packages, continues to grow, maintaining lastminute.com’s leading position in the fastest-growing segment of the European travel market. 

• The move consolidates European leadership in the Travel-Tech space, strengthening the Dynamic Package offering
• Guidance update following soft 1HY24
  
  Amsterdam / Chiasso, 5 July 2024 – lastminute.com N.V. (“lastminute.com”), the European Travel-Tech leader in Dynamic Holiday Packages, announces the signing of its first commercial agreement with Ryanair Holdings (“Ryanair”). The 3-year agreement will allow lastminute.com to seamlessly offer the European low-cost carrier’s flights to package holidays and flight customers.
  
  

2 July 2024 – lastminute.com, European Travel-Tech leader in Dynamic Holiday Packages, supporting millions of customers every year, announces the TUI Group, one of the world’s leading tourism businesses, as their preferred Tours & Activities partner. In a move to boost further growth in this exciting market, TUI will provide lastminute.com and a selection of its brands, including Bravofly, Rumbo, Volagratis, and Weg.de, with a new platform featuring thousands of experiences in city-break and beach destinations in over 100 countries around the world

Amsterdam / Chiasso, 20 June 2024 – lastminute.com N.V. (“lastminute.com”), the European Travel-Tech leader in Dynamic Holiday Packages, today held its 2024 Annual General Meeting (“AGM”) of shareholders in Amsterdam. All items on the agenda were approved.

19 June 2024 – lastminute.com, the European Travel-Tech leader in Dynamic Holiday Packages, has revealed its latest Travel Horizons Report, just in time for the peak family holiday season. With school holidays underway, we’ve looked at where holidaymakers are heading and which countries offer the best value for money. Turkey, particularly Istanbul, for a city break and the Turkish Riviera for a beach holiday, has made an incredible comeback from 2023 – and is vying with perennial number one, Spain, for that all-important European family vacation share.

Amsterdam / Chiasso, 7 June 2024 – lastminute.com N.V. (“lastminute.com”), the European Travel-Tech leader in Dynamic Holiday Packages, announces the partial dissolution of the agreement between the shareholders of Freesailors Coöperatief U.A. (“Freesailors”) and the direct assignment, expected to occur by June 30, 2024, of a pro rata portion of the shares in lastminute.com from Freesailors to the shareholders of Freesailors wishing to be invested in lastminute.com directly. As a result, the free float of lastminute.com will increase to approx. 55 %.

Amsterdam / Chiasso, 15 May 2024 – lastminute.com N.V. (“lastminute.com”), the European Travel-Tech leader in Dynamic Holiday Packages, today publishes its unaudited Q1 2024 figures:
● Revenues(*) reached €78.4 million compared to €89.1 million in Q1 2023
● Gross profit increased by 5% to €33.8 million in Q1 2024
● Profitability was maintained with Adjusted EBITDA(*) of €9.3 million

Amsterdam / Chiasso, 6th May 2024 – lastminute.com N.V. (“lastminute.com”), the European Travel-Tech leader in Dynamic Holiday Packages, has announced that the Board of Directors has taken relevant decisions related to the Annual General Meeting (AGM) which will be held on 20th June 2024 in Amsterdam. Based on the recent strong performance and positive business outlook, the Board has decided to introduce a new dividend policy. The plan is to distribute between 30 and 35% of the company’s annual net profit, a dividend payout ratio aimed at providing shareholders with consistent income streams. 

Amsterdam / Chiasso, 4 April 2024 – lastminute.com N.V. (“lastminute.com”), the European Travel-Tech leader in Dynamic Holiday Packages, today publishes its audited full-year 2023 figures, its annual report and a comprehensive sustainability report:
– Revenues(*) of €321.3 million (+6% vs 2022) and Gross Profit of €126.4 million (+20% vs 2022)
– Strong growth in profitability with Adjusted EBITDA(**) of €39.7 million (+28% vs 2022)
– Return to Net Profit in 2023 after 3 years of losses, with a Net Income of €7.0 million

Amsterdam / Chiasso, 8th February 2024 – lastminute.com N.V. (“lastminute.com”), the European Travel-Tech leader in Dynamic Holiday Packages, today publishes its preliminary full-year 2023 figures.

The 2023 figures compared to 2022 are as follows:
● Gross Travel Value (GTV) at €3.4 billion (+5% vs 2022)
● Revenues(*) of €321.3 million (+6% vs 2022)
● Gross Profit of €126.4 million (+20% vs 2022)
● Adjusted EBITDA (**) of €39.7 million (+27%), slightly above FY23 guidance

Amsterdam / Chiasso / Reykjavik, 8 January 2024 – lastminute.com, the European Travel-Tech leader in Dynamic Holiday Packages, are delighted to see their packages partnership with the new Icelandic low-cost airline, PLAY, take flight in 2024. Greater consumer choice and connected travel are key themes for the future of travel, and this partnership is to be a cornerstone of that by offering tailored packaged holidays via flyplay.com.

Amsterdam / Chiasso, 9 November 2023 – lastminute.com N.V. (“lastminute.com”), the European Travel-Tech leader in Dynamic Holiday Packages, today publishes its Q3 and YTD 2023 trading update (unaudited figures).

Amsterdam / Chiasso, 3 August 2023 – lastminute.com N.V. (“lastminute.com”), the European Travel-Tech leader in Dynamic Holiday Packages, today publishes its results for the first half of 2023 (unaudited figures). The second quarter of 2023 was in line with the exceptionally strong second quarter of 2022, which was boosted by the withdrawal of last Covid restrictions in March 2022.

Amsterdam / Chiasso, 30 June 2023 – lastminute.com N.V. (“lastminute.com”), the European Travel-Tech leader in Dynamic Holiday Packages, today held its 2023 Annual General Meeting (“AGM”) of shareholders in Amsterdam. All items on the agenda were approved, including the appointment of Marco Forasassi Torresani as new Non-Executive Director of the Board.

Amsterdam / Chiasso, 17 May 2023 – lastminute.com N.V. (“lastminute.com”), the European travel tech leader in dynamic holiday packages, today releases its Q1 results 2023.
Key news includes:
– Gross Travel Value (GTV) reached an all-time first quarter high of over €1 billion (€1,070 million), +57% vs Q1 2022 and higher than in Q1 2019.
– Bookings grew strongly and showed a 19% increase over the first quarter of 2022 while Revenues grew 39% vs Q1 2022 to €92.2 million.
– The results are driven by strong demand from customers and a higher share of Holiday Packages compared to Q1 2022 with related revenues increasing by 75% vs Q1 2022.

• New CEO of lastminute.com believes investment in innovation via AI is a key driver in future tailored travel experiences.
• This is the first use of a Large Language Model on both the App and website aimed at enhancing user experience
• The “Hook, Look, Book” approach will see travellers given recommendations via a mix of ChatGPT and in-house machine learning.
• UK chosen to pilot the scheme which can give customers curated city itineraries within the blink of an eye.

•  Swiss Supreme Court rules in favour of lastminute.com and confirms its legitimacy of selling Ryanair flights.
• The judgement was declared a “major milestone” by the lastminute.com group and a “win for consumers” following a 15-year battle through the Swiss Courts.
• In rejecting Ryanair’s appeal, the Swiss Supreme Court highlighted the airline’s media campaigns as “contrary to the Federal Law Against Unfair Competition”.
• In light of the ruling, the CEO of lastminute.com now hopes to extend an “olive branch” to Ryanair to find a better way forward collaboratively.
• On top of the costs already granted to lastminute.com in the lower courts, Ryanair have been ordered to pay an additional CHF 49,000. 

Amsterdam / Chiasso, 13 April 2023 – lastminute.com N.V. (“lastminute.com”), the European travel tech leader in dynamic holiday packages, today releases its final full year results 2022 together with its first integrated Annual Report and a performance update on the current trading of 2023.

Amsterdam / Chiasso, 29 March 2023 – lastminute.com N.V. informs that all parties involved in the transaction relating to the purchase of certain parts of the controlling vehicle Freesailors Coöperatief U.A. (“Freesailors”) announced on 29 June 2022 have declared such transaction null ab initio.

Amsterdam / Chiasso, 7 February 2023 – lastminute.com N.V. (“lastminute.com”), the European Travel-Tech leader in dynamic holiday packages, today releases its trading update for the 4th quarter 2022 and unaudited preliminary FY 2022 results.

• JET SET FOR LESS: with the deal, millions of O2 and Virgin Media customers gain access to discounts on departures.
• PUTTING THE ROME IN ROAMING: partnership deals could see up to £100 off a city break for holidaymakers in 2023.
• MAKING BOARDING A PRIORITY: customers of O2 and Virgin Media can also enter prize draws to win weekends away to the likes of Barcelona and Amsterdam.

Amsterdam / Chiasso, 22 December 2022 – lastminute.com N.V. (“lastminute.com”), the European Travel-Tech leader in Dynamic Holiday Packages, today held its first meeting of the newly constituted Board of Directors. The Board acknowledged and approved the decisions of its Swiss subsidiaries to not appeal the notification of the Swiss State Secretariat for Economic Affairs (SECO). The benefits received by the Swiss subsidiaries involved will be repaid, thus ending the procedure with SECO. The subsidiaries will now liaise with SECO to organise the payment of the requested amount.

Amsterdam / Chiasso, 21 December 2022 – lastminute.com N.V. (“lastminute.com”), the European Travel-Tech leader in Dynamic Holiday Packages, today held its Extraordinary General Meeting (“EGM”) of shareholders in Amsterdam. All items on the agenda were approved, specifically the appointment of the following Directors of the company:

Amsterdam / Chiasso, 18 November 2022 – As shared yesterday, the Swiss State Secretariat for Economic Affairs (SECO) recently launched an administrative procedure. SECO notified the company’s subsidiaries today that the total benefits amounting to CHF 28’936’537.75 (approx. EUR 29 million at today’s exchange rate) must be repaid in full by the concerned Swiss subsidiaries.

Amsterdam / Chiasso, 17 November 2022 – With the publication of its Q3 trading update today, lastminute.com N.V. has announced a series of decisions concerning the company’s Board of Directors, as well as an update on the current investigation into Covid subsidies at three of its Swiss subsidiaries.

Amsterdam / Chiasso, 17 November 2022 – lastminute.com N.V. (“lastminute.com”), the European Travel-Tech leader in Dynamic Holiday Packages, today provided an update on its Q3 2022 financial results (unaudited figures).

Amsterdam / Chiasso, 24 October 2022 – Prolongation of remand for Fabio Cannavale and Andrea Bertoli
In connection with the ongoing investigation of the Public Prosecutor’s Office of the Canton of Ticino, lastminute.com N.V. (the Company) informs that the competent compulsory measures court approved to prolong the remand of Fabio Cannavale and Andrea Bertoli for a maximum duration of up to 29 November 2022.

Amsterdam / Chiasso, 29 September 2022 – In connection with the ongoing investigation of the Public Prosecutor’s Office of the Canton of Ticino, lastminute.com N.V. informs that a number of further former and current employees of the company, including the company’s interim CEO Laura Amoretti, have now the status of accused persons in the matter under preliminary investigation.

Amsterdam / Chiasso, 12 September 2022 – In connection with the ongoing investigation of the Public Prosecutor’s Office of the Canton of Ticino, the Company is informed that the competent compulsory measures court approved the prolongation of remand of Fabio Cannavale and Andrea Bertoli for a maximum duration of up to 18 October 2022. They are now the only lastminute.com employees remaining in custody. As announced on 25 July, the powers delegated to them remain suspended for a period of three months.

Amsterdam / Chiasso, 5 August 2022 – lastminute.com N.V. (“lastminute.com”), the European Travel-Tech leader in Dynamic Holiday Packages, today releases its first- half report 2022 and a performance update on current trading.

Amsterdam / Chiasso, 2 August 2022 – lastminute.com N.V. (“lastminute.com”), the European Travel-Tech leader in dynamic holiday packages, today announced that the Board of Directors has resolved to anticipate the disclosure of the audited 1HY22 report, scheduled for 9 September 2022, to 5 August 2022. The leadership team will provide an update on the company’s business developments.

Amsterdam / Chiasso, 25 July 2022 – The Board of Directors of lastminute.com N.V. (the “Company”) has appointed Laura Amoretti as interim CEO.
Laura Amoretti has been the group’s Chief Customer Officer since 2019. In such capacity, she has been managing the group’s largest unit in terms of people and the unit which interfaces all other units. She has also been acting as director in a number of the group’s subsidiaries for several years.

Amsterdam / Chiasso, 23 July 2022 – In connection with the ongoing investigation of the Public Prosecutor’s Office of the Canton of Ticino (cf. ad hoc release under: https://lastminute-corporate.com/media) against certain current and former executives and managers of certain subsidiaries of lastminute.com N.V. (namely BravoNext SA, BravoMeta CH SA and LMNext CH SA), the Company is informed that the competent compulsory measures court partially approved the remand of four persons, including Fabio Cannavale (CEO) and Andrea Bertoli (COO), for a maximum duration of up to seven weeks. The only other manager who was still being questioned was released.

Amsterdam / Chiasso, 22 July 2022 – In connection with the ongoing investigation of the Public Prosecutor’s Office (“Office”) of the Canton of Ticino (cf. ad hoc release under: https://lastminute-corporate.com/media) against certain current and former executives and managers of certain subsidiaries of lastminute.com N.V. (namely BravoNext SA, BravoMeta CH SA and LMNext CH SA), the Company informed that the Office has applied for remand for five persons including Fabio Cannavale and Andrea Bertoli with the competent compulsory measures for a maximum duration of up to three months. All the other managers questioned in the context of the investigation have been released.

Amsterdam / Chiasso, 20 July 2022 – The Public Prosecutor’s Office of the Canton of Ticino conducted searches throughout yesterday at the business premises of certain Swiss subsidiaries of lastminute.com N.V. (the “Company”) in connection with the investigation for the suspicion of fraud (146 Swiss Criminal Code, the “SCC”), unlawful claim for social insurance or social assistance benefits (148a SCC) and breach of the Swiss Unemployment Insurance Act (Art. 105 SUIA).

Amsterdam / Chiasso, 29 June 2022 – lastminute.com N.V. (“lastminute.com”), the European Travel-Tech leader in dynamic holiday packages, today communicates the acquisition by Sealine 2 – a vehicle owned by lastminute.com NV management and controlled by lastminute.com N.V. – of approximately 0.32% of the membership interests in Freesailors Coöperatief U.A. (“Freesailors”) – the investment vehicle controlling lastminute.com N.V. – from a private investor for a total amount of CHF ca. 0.54 m (“Transaction A”).

Amsterdam / Chiasso, 18 May 2022 – lastminute.com N.V. (“lastminute.com”), the European Travel-Tech leader in dynamic holiday packages, today announced that the AGM of the Company approved all voting items on the agenda including the re- election of all the members of the Board of Directors for the 2022 mandate, following the recommendation of the Company.

Amsterdam / Chiasso, 16 May 2022 – lastminute.com N.V. (“lastminute.com”), the European Travel-Tech leader in Dynamic Holiday Packages, today releases its trading update for the first quarter 2022 and a performance update on current trading.

Amsterdam / Chiasso, 24 March 2022 – lastminute.com N.V. (“lastminute.com”), the European Travel-Tech leader in dynamic holiday packages, today releases its final full year results 2021 and a performance update on the current trading of 2022.

Amsterdam / Chiasso, 10 February 2022 – lastminute.com N.V. (“lastminute.com”), the European Travel-Tech leader in dynamic holiday packages, today releases its trading update for the 4 th quarter 2021, the unaudited preliminary FY2021, and a performance update on the first weeks of business in 2022.

Amsterdam / Chiasso, 12 November 2021 – lm holding (the “Company” or the “Group”), the European Travel-Tech company leader in dynamic holiday packages, today releases its trading update for the 3rd quarter.

Amsterdam / Chiasso, 22 June 2021 – lm holding (or the “Company”), a European leader in the online travel and leisure industry, today announced that the AGM of the Company approved all voting items on the agenda.

Amsterdam / Chiasso, 21 May 2021 – lm holding (or the “Company”), a European leader in the online travel and leisure industry, today releases its 1Q2021 results and announces the proposal of four new board members to the Annual General Meeting on 22 June 2021.

Amsterdam / Chiasso, 10 May 2021 – lastminute.com NV announces that, on May 7, 2021, the Group Board of Directors resolved in favour of the final and amended version of the incentive plan (the “Plan”) already announced on 9 February.

Amsterdam / Chiasso, 23 April 2021 – lm holding, a European leader in the online travel and leisure industry, today communicates the issuance of a decision of the Swiss Takeover Board in connection with the contemplated acquisition of the stake of Fedro S.A. in Freesailors Coöperatief U.A. (“Freesailors”) by Sterling Strategic Value Fund (“Sterling”), a pool of private investors primarily from Switzerland and a number of lm group top managers as previously announced by lm holding on 1 April 2021.

Amsterdam / Chiasso, 01 April 2021 – lm holding, a European leader in the online travel and leisure industry, today communicates the signing of an agreement for the acquisition of the stake of Fedro SA (“Fedro”) in Freesailors by Sterling Active Fund (“Sterling”), a pool of private investors primarily from Switzerland and a number of lm group top managers (“New Investors”).

Amsterdam / Chiasso, 26 March 2021 – lm holding, a European leader in the online travel and leisure industry, today releases its final full-year results 2020.

London, 8 March 2021 – L​eading European travel company,​ lm group, can today reveal lastminute.co.il, a new online travel agency (OTA), created as a joint venture with Israeli travel giant, Issta Lines Group.

Amsterdam / Chiasso, 16 February 2021 – lm holding sadly announces the death of its Chairman Ottonel Popesco.

Amsterdam / Chiasso, 16 February 2021 – lm holding, a European leader in the online travel and leisure industry, today communicates the intention of Marco Corradino to not stand for re-election as lastminute.com N.V. Executive Board Member for the next 2021 mandate.

Amsterdam / Chiasso, 9 February 2021 – lm holding, a European leader in the online travel and leisure industry, today releases the preliminary, unaudited full-year results 2020, communicates the sale of Destination Italia and the intention to adopt a new Incentive Plan for key employees and Executive Directors.

Amsterdam / Chiasso, 23 Dec 2020 – The ultimate sentences in various jurisdictions confirm the absolute legitimacy of lm group to sell Ryanair flights.

Amsterdam / Chiasso, 11 Nov 2020 – lm holding (or the “Company”), a European leader in the online travel and leisure industry, today released its 9M2020 results.

Amsterdam / Chiasso, 31 July 2020 – lm holding (or the “Company”), a European leader in the online travel and leisure industry, today released its 1H2020 results.

Amsterdam / Chiasso, 31 July 2020 – lm holding (or the “Company”), a European leader in the online travel and leisure industry, today announced that the EGM of lastminute.com N.V. approved…

Amsterdam / Chiasso, 25 June 2020 – lm holding, a European leader in the online travel and leisure industry, today provides a current trading update on bookings, cash and refunds.

Amsterdam / Chiasso, 21 May 2020 – lm holding (or the “Company”), a European leader in the online travel and leisure industry, today announced that the AGM of lastminute.com N.V. reelected all the members of the Board of Directors for the 2020 mandate, following the recommendation of the Company.

Amsterdam / Chiasso, 15 May 2020 – lm holding (or the “Company”), a European leader in the online travel and leisure industry, today releases its 1Q2020 results and announces its intention to strengthen its capital structure.

Amsterdam / Chiasso, 7 April 2020 – lm holding, a European leader in the online travel and leisure industry, today releases its full year 2019 audited results and the annual report. The key financial figures were already reported on 19 March 2020.

Amsterdam / Chiasso, 31 March 2020 – lm holding, a European leader in the online travel and leisure industry, today announced the postponement of the publication of its full year 2019 audited results and the annual report which was scheduled today. They are now planned to be disclosed on the 7 April 2020.

Amsterdam / Chiasso, 19 March 2020 – lm holding, a European leader in the online travel and leisure industry, today releases an update on its full year 2019 financial statements and comments on current trading and the potential impact of COVID19 on its business performance.

Amsterdam / Chiasso, 4 March 2020 – lm holding, a European leader in the online travel and leisure industry, today comments on the article published by Mergermarket on Tuesday 3 March 2020.

Amsterdam / Chiasso, 14 February 2020 – lm holding, a European leader in the online travel and leisure industry, today released the preliminary, unaudited full-year results 2019.

Amsterdam / Chiasso, 3 February 2020 – lm holding, a European leader in the online travel and leisure industry, today commented on market rumors, following an article published by Mergermarket.com on Friday 31 January 2020 about a potential sale of a minority stake of lastminute.com NV.

Amsterdam / Chiasso, 27 January 2020 – lm holding, a European leader in the online travel and leisure industry, today commented on the possible speculation following an article regarding lastminute.com N.V. published by the Italian newspaper Il Sole 24 Ore on 25 January 2020.

Milano, 25 November 2019 – In May 2019, the Court of Lugano (Switzerland) confirmed that lm group can lawfully continue to offer its customers the possibility to compare and reserve Ryanair tickets through its websites (lastminute.com, volagratis.com, rumbo.es, weg.de, bravofly.com).

Amsterdam / Chiasso, 7 November 2019 – lm holding, a European leader in the online travel and leisure industry, today released its results for the first nine months of 2019.

Amsterdam / Chiasso, 24 September 2019 – lm group, a European leader in the online travel and leisure industry, is aware that Thomas Cook Airlines Ltd and other companies in Thomas Cook Group plc have entered compulsory liquidation.

Amsterdam / Chiasso, 8 August 2019 – lm group, a European leader in the online travel and leisure industry, today released its first half-year 2019 results.

Amsterdam / Chiasso, 1 July 2019 – lm group, a European leader in the online travel and leisure industry, today announced the acquisition of the intermodal travel platform Qixxit from Deutsche Bahn Digital Ventures.

Amsterdam / Chiasso, 16 May 2019 – lm group, a European leader in the online travel and leisure industry, today released its results for the first quarter of 2019, showing substantial acceleration over the previous year period.

Chiasso, 13 May 2019 – lastminute.com N.V. and Bravonext SA (“lm group”) – a European leader in the online travel and leisure industry – announces today that the Court of Lugano has rejected the main requests of the additional lawsuits brought by Ryanair Ltd (“Ryanair”) against them in 2009.

Amsterdam / Chiasso, 9 May 2019 – lm group, a European leader in the online travel and leisure industry, today announced that the AGM of lastminute.com N.V. reelected all the members of the Board of Direc-tors for the 2019 mandate, following the recommendation of the Company.

Chiasso, 9 May 2019 – Bravonext SA (“lastminute.com”), – a subsidiary of lm group (lastminute.com, volagratis.com, rumbo.es, weg.de, bravofly.com) – and a European leader in the online travel and leisure industry – announces today that the Court of Lugano has fully accepted its motion against Ryanair Ltd (“Ryanair”), confirming that lm group can lawfully continue to offer to all its customers the possibility to compare and reserve Ryanair tickets through the lm group websites (lastminute.com, volagratis.com, rumbo.es, weg.de, bravofly.com, and others).

Amsterdam/Chiasso, 6 May 2019 – lm group, a European leader in the online travel and leisure industry, now publishes its latest business figures four times a year.

Amsterdam/Chiasso, 26 April 2019 – lastminute.com N.V. announces that it ended today its share buyback started in May 2017 (the “share buyback”).

Amsterdam / Chiasso, 19 March 2019 – lm group, a European leader in the online travel and leisure industry, today released its full year 2018 financial statements.

Amsterdam / Chiasso, 12 February 2019 – lm group, a European leader in the online travel and leisure industry, today announced the preliminary, unaudited full-year results 2018.

Amsterdam / Chiasso, 4 February 2019– lm group, a European leader in the online travel and leisure industry, today announced the corporate communication calendar for 2019.