Feeds

Lastminute.com lands profit

We always knew they would...

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Lastminute.com has made a profit. Let's say that again just in case it didn't sink in. Lastminute.com has made it into the black. It earned more cash than it spent.

Publishing its Q4 results today the online bucket travel and gift outfit reported that it made a pre-tax profit (pre exceptionals) of £302,000 compared to a pre-tax loss of just under £4m during the same period last year.

Turnover for the quarter jumped 80 per cent to £15.16m, up from £8.38m last year.

Registering its first pre-tax profit since the company was formed four years ago chairman Allan Leighton said that the new financial year has "started strongly" and that he was "confident of another year of sustained and improving performance".

Total turnover for the year jumped to £35m in 2002, up from £18.4m in 2001. The company also narrowed its pre-tax loss (pre exceptionals) for the year to £16.17m, down from £39m.

By late morning shares in Lastminute.com were down 5p (4.29 per cent) to 111.5p. ®

Choosing a cloud hosting partner with confidence

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Protecting against web application threats using SSL
SSL encryption can protect server‐to‐server communications, client devices, cloud resources, and other endpoints in order to help prevent the risk of data loss and losing customer trust.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.