Lastminute.com Posts Smaller Loss

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LONDON — Lastminute.com PLC Thursday recorded a narrower third-quarter net loss before goodwill amortization on increased sales and steady advertising revenue.

The online travel-services provider posted a net loss of 8.9 million pounds ($12.8 million or 14.1 million euros) for the quarter ended June 30, compared with a loss of 9.3 million pounds for year-earlier fiscal third quarter.

The London-based company said it is on track to break even in the U.K. and France at an operational level in nine months time.




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