Brief: lastminute.com sees a 45-47 pct drop in adj EBITDA in H1
10/07/2017 16:35
July 10 (Reuters) - LASTMINUTE.COM NV LMN.S
* 1H2017 REVENUES ARE EXPECTED TO BE SLIGHTLY DOWN (-4.5%)
AGAINST REVENUES IN 1H2016 OF EUR 133.2M
* GROUP EXPECTS A CONSISTENT DECREASE OF H1 ADJUSTED EBITDA
IN A RANGE OF 45-47% VERSUS LAST YEAR; IN 1H2016 ADJUSTED EBITDA
WAS EUR 17.3M
* H1 NET PROFIT WILL BE LOWER THAN IN SAME PERIOD OF LAST
YEAR, DECREASING TO AROUND -EUR 1.5-2.0M FROM +EUR 4.1M IN 2016
* FOR 2017, MANAGEMENT CONFIRMS FULL YEAR GUIDANCE IN LINE
WITH 2016 RESULTS AT REVENUE AND EBITDA LEVEL
Source text for Eikon: ID:nTENz4by4a
Further company coverage: LMN.S
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))