February 5, 2018 / 6:15 AM / 14 days ago

BRIEF-lastminute.com Expects For 2017 Net Loss Of EUR 8-9 Mln

Feb 5 (Reuters) - LASTMINUTE.COM NV:

* CORE BUSINESS CONFIRMS POSITIVE TREND AND PERFORMED BETTER THAN IN 2016 BOTH AT REVENUE AND ADJUSTED EBITDA LEVEL

* EXPECTS FOR 2017 €10-11MLN LOWER ADJUSTED EBITDA VERSUS 2016 FIGURES OF €28.6MLN

* CASH AT END OF YEAR WAS EUR52M (EUR60.2M IN 2016)

* EXPECTS FOR 2017 NET LOSS OF (€8-9M) AGAINST NET EARNINGS OF €6.7M IN 2016 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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