Slide 1: FY 2024 financial results & 2025 Outlook
FY 2024 financial results & 2025 Outlook 2024 FULL YEAR
Slide 2: Presenters
Presenters Alessandro Petazzi Diego Fiorentini Chief Executive Officer Chief Financial Officer
Slide 3: Safe Harbour Statement
Safe Harbour Statement The material in this presentation contains forward-looking statements such as projections, forecasts, and estimates. Such forward-looking statements involve certain risks and uncertainties that could cause actual results, performance, or events to differ materially from those a
Slide 4: Agenda
Agenda FY 2024 results 01 Diego Fiorentini Strategic direction 02 Alessandro Petazzi Key takeaways & 2025 guidance 03 Alessandro Petazzi Financial calendar 04 Julia Weinhart
Slide 5: FY 2024 performance
FY 2024 performance GTV REVENUES* GROSS PROFIT Adj. EBITDA NET RESULT -14% vs. FY 2023 -2% vs. FY 2023 +4% vs. FY 2023 at 41.2m More than doubled at while Strong while +4% vs. FY 2023 €15.7m vs. FY DP GTV +11% double-digit DP Gross Profit 2023 compared to 2023 growth in Dynamic +32% Packages (+25%) 5
Slide 6: Proposed Dividend at the AGM 2025
Proposed Dividend at the AGM 2025 EUR 0.41 per share representing 30% of the 2024 Net Result, in line with the Group’s dividend policy. To be approved at the Annual General Meeting on June 25th, 2025. 6
Slide 7: New reporting format in 2025
New reporting format in 2025 Revenues Gross profit €m €m -2% +4% Gross Margin 39% 42% 7
Slide 8: Agenda
Agenda FY 2024 results 01 Diego Fiorentini Strategic direction 02 Alessandro Petazzi Key takeaways & 2025 guidance 03 Alessandro Petazzi Financial calendar 04 Julia Weinhart
Slide 9: Market context & strategic assets
Market context & strategic assets TRAVEL ONLINE MARKET CONTEXT Growing, resilient market “Upper funnel” impacted by Gen AI & TikTok Younger generations Mass personalisation Value & Convenience Need for fulfillment partners Regulatory complexity OUR ASSETS OUR UNIQUE DP expertise & tech Strong brand p
Slide 10: Strategic direction: leveraging our assets to grow even stronger
Strategic direction: leveraging our assets to grow even stronger BUSINESS Strengthening Brand portfolio market presence focus 4 core drivers Travel companion Dynamic Packages Evolution PRODUCT 10
Slide 11: Strengthening market presence
Strengthening market presence Data-driven approach to grow in Tier 2 European markets Boosting marketing investment to deliver growth Tier 1 markets Tier 2 markets 11
Slide 12: Brand Portfolio Focus
Brand Portfolio Focus Strengthening and differentiating local brands while increasing efficient marketing initiatives to deepen customer connections Packages Flights 12
Slide 13: Dynamic Packages Evolution
Dynamic Packages Evolution Curating holiday components to compliment flight + hotel offering + Greater peace of mind + Our selected thanks to our ability Hotels to mix-and-match components + The more components the better value for money 13
Slide 14: Travel Companion
Travel Companion Helping travelers from the moment they search and book, through departure and their time at the destination, with services and products … and then again until their next holiday 14
Slide 15: Agenda
Agenda FY 2024 results 01 Diego Fiorentini Strategic direction 02 Alessandro Petazzi Key takeaways & 2025 guidance 03 Alessandro Petazzi Financial calendar 04 Julia Weinhart
Slide 16: Key Takeaways
Key Takeaways 4 strategic core drivers to support scalable and lastminute.com profitable growth The full year financial Dynamic Packages uniquely positioned in 2024 results show a STRENGTHENING Evolution the travel tech sector MARKET PRESENCE rebound in H2, at the core of our and aligned with current
Slide 17: Current Trading and Guidance
Current Trading and Guidance Current trading Guidance FY 2025 Revenues Adj. EBITDA Beginning of 2025 marked by >revenue growth Management expects Revenues and Adjusted mainly in Dynamic Packages, combined with a EBITDA to reach low double-digit growth positive trend in flights in 2025 vs. 2024 17 17
Slide 18: Agenda
Agenda FY 2024 results 01 Diego Fiorentini Strategic direction 02 Alessandro Petazzi Key takeaways & 2025 guidance 03 Alessandro Petazzi Financial calendar 04 Julia Weinhart
Slide 19: Financial Calendar 2025
Financial Calendar 2025 13 February 2025 Announcement of preliminary unaudited FY2024 results 27 March 2025 Publication of the Annual Report 2024 Investor information: lastminute.com N.V. 15 May 2025 Listing: Swiss Stock Exchange Trading currency: CHF Publication of Q1 2025 Trading Update Ticker sym
Slide 20: Thank you
FY 2024 financial results & 2025 Outlook Thank you investor.relations@lastminute.com www.lastminute.com