Slide 1: 1H2018 Results
1H2018 ' Results lastminute.com a Go lik } z F la m ! Nn g @ 9 Weekend Escapes Book Now group Se a Na e
Slide 2: Disclaimer
Disclaimer The material in this presentation has been prepared by lastminute.com N.V. and reports general background information about lastminute.com group activities as at the date of this presentation. This information is given in summary form and does not purport to be complete. Information in th
Slide 3: Group Structure and key messages
Group Structure and key messages 3
Slide 4: A group organised in two main business areas and a holding providing corporate services
A group organised in two main business areas and a holding providing corporate services Comprehensive business model and diversified revenue stream backed by a wide portfolio of brands, scalable technology architecture, plug&play and efficient travel platform 4
Slide 5: A journey of growth and diversification addressed to long-term value maximisation
A journey of growth and diversification addressed to long-term value maximisation lastiminute.com is one of the most diversified players in the field, able to give customers whatever they need through a unique and distinctive proposition. We moved from a pure flight-only transactional business to a
Slide 6: 1H2018 Result
1H2018 Result 6
Slide 7: A significant improvement of all business and financial KPIs with focus on both growth and efficiency
A significant improvement of all business and financial KPIs with focus on both growth and efficiency Focus on growth Revenue trend Holiday Packages OTA Flight-only < 50% of total OTA - Dynamic Packages 1H2018 114.8 +12.5% - Tour Operator Packages - Ancillaries 1H2017 102 - Media Flight-only > 50% o
Slide 8: Entering the new phase of value maximisation through a robust set of results
Entering the new phase of value maximisation through a robust set of results €M 1H2018 1H2017 Delta % The increase of Gross Travel Value over a GTV 1,180 1,005 +17.4% lower number of bookings, clearly highlights the shift toward holiday packages which feature a significantly Bookings (thousands) 2,0
Slide 9: Still an impact from LM Venture initiatives at Group profit level
Still an impact from LM Venture initiatives at Group profit level lm group’s Venture Initiatives are impacting the Group’s results primarily caused by Destination Italia that is in a restructuring and investment phase to launch its proposition. The effect on 1H2018 is negative by € 2.6M at Adjusted
Slide 10: Strong cash generation even after spending around €30M for PSTO transaction
Strong cash generation even after spending around €30M for PSTO transaction The group reported a strong cash position, which stood at €87.4M at the end of the period, as a result of significant operating cash generation primarily due to seasonal net working capital movements. Net Financial Position
Slide 11: Volumes in DP are skyrocketing and also shifting from stand-alone to bundled products
Volumes in DP are skyrocketing and also shifting from stand-alone to bundled products +91% Flight and Hotel GTV in DP growth +118% From a flight-only (BRG) and hotel-centric (lastminute.com) business models to a holistic holiday-oriented platform capable of meeting travellers needs DP is dragging th
Slide 12: Significant growth across all core EU markets and skyrocketing increase of TO sales in Germany
Significant growth across all core EU markets and skyrocketing increase of TO sales in Germany M&A + organic Germany and Tour Operator Packages reported a triple digit growth as a result of the successful and quick integration of weg.de within lastminute.com platform. Such move has a strong strategi
Slide 13: A highly sophisticated travel search engine that adds value to both customers and suppliers
A highly sophisticated travel search engine that adds value to both customers and suppliers M&A + organic Travellers Jetcost and Hotelscan offer a virtually unlimited variety of travel options, enabling users to find the travel solution which perfectly fits their needs Intersegment Revenues 4.2 2.2
Slide 14: PSTO
PSTO 14
Slide 15: A shareholding structure anchored around long-term oriented investors
A shareholding structure anchored around long-term oriented investors Good opportunity given to short-term oriented investors to partially divest their stakes at premium price (16CHF per share) Considering both cancellation steps (January and September 2018) the number of shares outstanding will dec
Slide 16: What's next
What’s next 16
Slide 17: Positioned to expand in the main EU countries as the most advanced digital Tour Operator
Positioned to expand in the main EU countries as the most advanced digital Tour Operator of the online holidays space Strategic path Bundled Products: Focus on establishing a leadership position in the main EU Countries in Holiday Packages We invested since years in developing an advanced technology
Slide 18: Backup
Backup 18
Slide 19: Consolidated statement of profit or loss and other comprehensive income
Consolidated statement of profit or loss and other comprehensive income im 000 EUR (for the six months ended 30 June) Notes 2018 2017 Revenues 7 144.197 130.275 Marketing costs 5 (60,558) (86.661) Personnel costs s (34272) (31.423) Other operating costs 8 (41,016) (4671) “Amortization and depreciati
Slide 20: Consolidated balance sheet
Consolidated balance sheet jn‘000 EUR Notes} 30Jun2018] 31 Dec 2017 NON CURRENT ASSETS, Property plant and equipment. Zi 2611 3283 intangible assets 4 145,857 743943, ‘Goodwill 5 6534 56082 ‘Non current nancial assets 3 at 1256 Investment in equity accounted investees Zi 7 ws Deferred tax assets Zi
Slide 21: Consolidated cash Flow statement
Consolidated cash Flow statement in ‘000 EUR (For the six months ended 30 June) Notes 2018 2017 Profit / (Loss) For the period 157, nm Adjustments for: amortization and deprecation ‘e772 6.050 impairment losses on intangible assets = 27 - Net Finance result s (204) (383), income tax expense 3 1.864
Slide 22: Thanks
Thanks lmgroup.lastminute.com investor.relations@lastminute.com 22