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lastminute.com to hit financial targets

(24 September 2001)

LASTMINUTE.COM does not expect to suffer long-term following the US terrorist attacks, chief executive officer Brent Hoberman has revealed.

A statement issued by Hoberman said: “While there will undoubtedly be repercussions from the activity for some weeks to come, at this point in time Lastminute.com would reconfirm that we will deliver a minimum of £45 million of total transaction value during our fourth quarter which ends on September 30.

“The US as an outbound destination has only accounted for 3.8% of the group’s total transaction value during the past six months. Our exposure to this market is therefore very low.”

Hoberman, who also expressed his condolences to those affected by the events, added that 382 bookings had been cancelled over the last 14 days.

 

John Lavabre