lm group
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Press Releases

11 Nov 2020

EBITDA and cash generation boosted by the summer season rebound

Amsterdam / Chiasso, 11 Nov 2020 – lm holding (or the “Company”), a European leader in the online travel and leisure industry, today released its 9M2020 results.

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31 July 2020

lm holding announces lastminute.com N.V. Extraordinary General Meeting resolutions

Amsterdam / Chiasso, 31 July 2020 – lm holding (or the “Company”), a European leader in the online travel and leisure industry, today announced that the EGM of lastminute.com N.V. approved...

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31 July 2020

A steep rebound in June encourages optimism around lm group business recovery

Amsterdam / Chiasso, 31 July 2020 – lm holding (or the “Company”), a European leader in the online travel and leisure industry, today released its 1H2020 results. 

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25 June 2020

First signs of rebound make the sky clearer

Amsterdam / Chiasso, 25 June 2020 – lm holding, a European leader in the online travel and leisure industry, today provides a current trading update on bookings, cash and refunds.

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21 May 2020

lm group announces lastminute.com N.V. Annual General Meeting resolutions

Amsterdam / Chiasso, 21 May 2020 – lm holding (or the “Company”), a European leader in the online travel and leisure industry, today announced that the AGM of lastminute.com N.V. reelected all the members of the Board of Directors for the 2020 mandate, following the recommendation of the Company.


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15 May 2020

lm holding intends to build a stronger capital structure to secure existing business over a long-term horizon and preserve flexibility to pursue new business opportunities

Amsterdam / Chiasso, 15 May 2020 – lm holding (or the “Company”), a European leader in the online travel and leisure industry, today releases its 1Q2020 results and announces its intention to strengthen its capital structure.


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07 Apr 2020

lm holding publishes FY2019 audited results and annual report

Amsterdam / Chiasso, 7 April 2020 – lm holding, a European leader in the online travel and leisure industry, today releases its full year 2019 audited results and the annual report. The key financial figures were already reported on 19 March 2020.


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31 Mar 2020

lm holding postpones publication of annual report

Amsterdam / Chiasso, 31 March 2020 – lm holding, a European leader in the online travel and leisure industry, today announced the postponement of the publication of its full year 2019 audited results and the annual report which was scheduled today. They are now planned to be disclosed on the 7 April 2020.


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19 Mar 2020

lm holding through a FY2019 record year and a strong start into 2020.
Significant slow-down due to COVID19 from late February

Amsterdam / Chiasso, 19 March 2020 – lm holding, a European leader in the online travel and leisure industry, today releases an update on its full year 2019 financial statements and comments on current trading and the potential impact of COVID19 on its business performance.


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04 Mar 2020

lm holding confirms talks about a possible corporate transaction

Amsterdam / Chiasso, 4 March 2020 – lm holding, a European leader in the online travel and leisure industry, today comments on the article published by Mergermarket on Tuesday 3 March 2020.

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14 Feb 2020

lm holding closes 2019 with another record year

Amsterdam / Chiasso, 14 February 2020 – lm holding, a European leader in the online travel and leisure industry, today released the preliminary, unaudited full-year results 2019.

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03 Feb 2020

lm holding comments on speculations over the sale of a minority stake of lastminute.com NV

Amsterdam / Chiasso, 3 February 2020 – lm holding, a European leader in the online travel and leisure industry, today commented on market rumors, following an article published by Mergermarket.com on Friday 31 January 2020 about a potential sale of a minority stake of lastminute.com NV.

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27 Jan 2020

lm holding comments on recent press coverage regarding lastminute.com NV

Amsterdam / Chiasso, 27 January 2020 – lm holding, a European leader in the online travel and leisure industry, today commented on the possible speculation following an article regarding lastminute.com N.V. published by the Italian newspaper Il Sole 24 Ore on 25 January 2020.

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25 Nov 2019

With a ruling in favour of lm holding, the Italian Supreme Court calls into question Ryanair’s abuse of dominant market position

Milano, 25 November 2019 - In May 2019, the Court of Lugano (Switzerland) confirmed that lm group can lawfully continue to offer its customers the possibility to compare and reserve Ryanair tickets through its websites (lastminute.comvolagratis.comrumbo.esweg.debravofly.com).

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07 Nov 2019

lm holding nine-month results: sharp growth continues thanks to the strongest quarter ever. FY19 guidance confirmed

Amsterdam / Chiasso, 7 November 2019 – lm holding, a European leader in the online travel and leisure industry, today released its results for the first nine months of 2019.

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24 Sep 2019

Statement of lm holding regarding Thomas Cook

Amsterdam / Chiasso, 24 September 2019 - lm group, a European leader in the online travel and leisure industry, is aware that Thomas Cook Airlines Ltd and other companies in Thomas Cook Group plc have entered compulsory liquidation.

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08 Aug 2019

lm group confirms a strong growth trajectory and significant improvement in profitability in 1H2019. FY19 guidance raised

Amsterdam / Chiasso, 8 August 2019 - lm group, a European leader in the online travel and leisure industry, today released its first half-year 2019 results.


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01 Jul 2019

lm group acquires two travel tech start-ups to further boost its product & technology value proposition

Amsterdam / Chiasso, 1 July 2019 - lm group, a European leader in the online travel and leisure industry, today announced the acquisition of the intermodal travel platform Qixxit from Deutsche Bahn Digital Ventures.


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16 May 2019

lm group off to a flying start in 2019

Amsterdam / Chiasso, 16 May 2019 - lm group, a European leader in the online travel and leisure industry, today released its results for the first quarter of 2019, showing substantial acceleration over the previous year period.


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13 May 2019

lm group wins further court battle against Ryanair

Chiasso, 13 May 2019 - lastminute.com N.V. and Bravonext SA (“lm group”) – a European leader in the online travel and leisure industry – announces today that the Court of Lugano has rejected the main requests of the additional lawsuits brought by Ryanair Ltd (“Ryanair”) against them in 2009.


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09 May 2019

lm group wins historical court battle against Ryanair

Chiasso, 9 May 2019 - Bravonext SA (“lastminute.com”), - a subsidiary of lm group (lastminute.com, volagratis.com, rumbo.es, weg.de, bravofly.com) - and a European leader in the online travel and leisure industry - announces today that the Court of Lugano has fully accepted its motion against Ryanair Ltd (“Ryanair”), confirming that lm group can lawfully continue to offer to all its customers the possibility to compare and reserve Ryanair tickets through the lm group websites (lastminute.com, volagratis.com, rumbo.es, weg.de, bravofly.com, and others).

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09 May 2019

lm group announces lastminute.com N.V. Annual General Meeting resolutions

Amsterdam / Chiasso, 9 May 2019 – lm group, a European leader in the online travel and leisure industry, today announced that the AGM of lastminute.com N.V. reelected all the members of the Board of Direc-tors for the 2019 mandate, following the recommendation of the Company.

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06 May 2019

lm group now publishes quarterly trading updates

Amsterdam/Chiasso, 6 May 2019 – lm group, a European leader in the online travel and leisure industry, now publishes its latest business figures four times a year.

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26 Apr 2019

lm group completes its share repurchase program and announces the launch of a new one subject to approval by AGM

Amsterdam/Chiasso, 26 April 2019 - lastminute.com N.V. announces that it ended today its share buyback started in May 2017 (the “share buyback”).

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19 Mar 2019

lm group: Holiday business drives growth towards a 2018 record year. Guidance FY2019 at €52-54M Core Business EBITDA

Amsterdam / Chiasso, 19 March 2019 – lm group, a European leader in the online travel and leisure industry, today released its full year 2018 financial statements.

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12 Feb 2019

lm group hits a record year in 2018

Amsterdam / Chiasso, 12 February 2019 – lm group, a European leader in the online travel and leisure industry, today announced the preliminary, unaudited full-year results 2018.

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04 Feb 2019

lm group announces corporate communication calendar 2019

Amsterdam / Chiasso, 4 February 2019– lm group, a European leader in the online travel and leisure industry, today announced the corporate communication calendar for 2019.

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26 Oct 2018

lm group lifts guidance, stimulated by strong summer months

Amsterdam / Chiasso, 26 October 2018 – lm group, a European leader in the online travel and leisure industry, today updated the guidance for the full-year 2018.

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03 Oct 2018

lm group announces the cancellation of 2,193,395 shares is effective

Amsterdam / Chiasso, 3 October 2018 – lm group, a European leader in the online travel and leisure industry, today announced that lastminute.com N.V. (the “Company”) has cancelled 2,193,395 shares in its own share capital, with a nominal value of EUR 0.01 each, as acquired by the Company pursuant to the partial self-tender offer (“PSTO”), has taken effect, as announced in the 1H2018 Results Press Release published on 9 August 2018.

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09 Aug 2018

lm group publishes half-year results – strong growth in Holiday Packages business

Amsterdam / Chiasso, 9 August 2018 – lm group (the “Company”), a European leader in the online travel and leisure industry, today released the first half-year 2018 results.

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11 May 2018

lm group updates on lastminute.com N.V. Partial Self-Tender Offer

Amsterdam / Chiasso, 11 May 2018 – lm group (the “Company”), a European leader in the online travel and leisure industry, today announced the preliminary end result of the Partial Self-Tender Offer launched by lastminute.com N.V. (the “Offeror”) in April.

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04 May 2018

lm group announces lastminute.com N.V. Annual General Meeting resolutions

Amsterdam / Chiasso, 4 May 2018 – lm group, a European leader in the online travel and leisure industry, today announced that the AGM of lastminute.com N.V. approved all voting items in agenda and elected Mr. Laurent Foata and Mr. Marcello Distaso as non-executive Board members following the recommendation of the Company’s Board of Directors.

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10 Apr 2018

lastminute.com N.V. launches Partial Self- Tender Offer for 15.8% of its own shares at CHF 16 per share

Amsterdam / Chiasso, 10 April 2018 – lm group (the “Company”), a European leader in the online travel and leisure industry, today announced that lastminute.com N.V. (the “Offeror”), following the approval of the Swiss Takeover Board, launches the Partial Self-Tender Offer as announced earlier.

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14 Mar 2018

lastminute.com group releases FY2017 results

Amsterdam / Chiasso, 14 March 2018 – lastminute.com group, a European leader in the online travel and leisure industry, today released the full year 2017 results.

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05 Feb 2018

lastminute.com group releases current trading update for the FY2017

Amsterdam / Chiasso, 5 February 2018 – lastminute.com group, a European leader in the online travel and leisure industry, today released a current trading update for the full year 2017 based on non-audited preliminary figures.

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21 Dec 2017

lastminute.com group announces the signing of a binding agreement to acquire Comvel GmbH to expand its business in Germany

Amsterdam / Chiasso, 21 December 2017 – lastminute.com group, a European leader in the online travel and leisure industry, today announced the acquisition from ProSiebenSat.1 Group of the entirety of the shares of Comvel GmbH, to scale up its positioning in Germany.

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15 Dec 2017

lastminute.com group announces the intention of lastminute.com N.V. to launch a Partial Self Tender Offer for 15% of its own shares at a fixed price of CHF 16.00 per share

Amsterdam / Chiasso, 15 December 2017 – lastminute.com group, a European leader in the online travel and leisure industry, today announced that lastminute.com N.V. made available for approval with the Swiss Take Over Board the offer prospectus regarding the Partial Self Tender Offer which was preliminary announced on 10 August 2017.

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08 Nov 2017

lastminute.com group announces the acquisition of hotelscan to expand its metasearch business into other verticals

Amsterdam / Chiasso, 8 November 2017 – lastminute.com group, a European leader in the online travel and leisure industry, today announced the acquisition of hotelscan to diversify its metasearch value proposition.

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22 Sep 2017

lastminute.com group announces the resolutions taken by its Extraordinary General Meeting

lastminute.com group, a European leader in the online travel and leisure industry, today announced the results of its Extraordinary General Meeting (“EGM”).

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18 Sep 2017

lastminute.com group announces new Chief Financial Officer

Amsterdam / Chiasso, 18 September 2017 – lastminute.com group, a European leader in the online travel and leisure industry, today announced that Sergio Signoretti has joined its Executive Management Team as new CFO with immediate effect.

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14 Aug 2017

lastminute.com partners with Telepass to take its project on Urban Mobility to the next level

lastminute.com group, a European leader in the online travel and leisure industry, today announced a partnership with Telepass (Atlantia Group), a European leader in the payment systems industry to bolster the growth of URBANnext SA – a leader in urban mobility services.

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10 Aug 2017

lastminute.com group releases its 1H2017 Results and appoints a special committee inside its board to evaluate the feasibility of a partial self-tender offer on its own shares

lastminute.com group, a European leader in the online travel and leisure industry, today released its results for the first semester 2017 and announced the convocation of an Extraordinary General Meeting to resolve about the authorisation of the special committee to acquire, through a partial self-tender offer process, up to 33 1/3% of the Company’s issued share capital.

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17 Jul 2017

lastminute.com group announces changes in Executive Management Team

lastminute.com group, a European leader in the online travel and leisure industry, today announced that Stefano Biffi, Group Chief Financial Officer, will be leaving the Company to pursue other business opportunities with effect from 1 October 2017.

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10 Jul 2017

lastminute.com group releases current trading update for first half-year 2017

lastminute.com group, a European leader in the online travel and leisure industry, today released a current trading update for the first semester 2017.

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28 Apr 2017

lastminute.com group releases guidance for 2017 and communicates Annual Shareholders Meeting resolutions

lastminute.com group, a European leader in the online travel and leisure industry, today released its guidance for 2017. The management confirms its positive stance on the Group’s long-term mission of making lastminute.com “the relevant and inspiring travel company” supported by a comprehensive business model, a solid multibrands architecture and the new customer-centric organization.

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24 Apr 2017

lastminute.com group announces the end of its share buyback program and the launch of new one subject to AGM approval

lastminute.com group, a European leader in the online travel and leisure industry, today announced that it ended its share buyback started in September 2014 and extended in April 2016 (the “share buyback”).

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17 Mar 2017

lastminute.com group publishes FY 2016 results

lastminute.com group, a European leader in the online travel and leisure industry, today announced the full-year results 2016. The company increased revenues by 4.7% and achieved a strong rebound in profitability, following the successful integration of lastminute.com which was acquired in 2015.

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15 Feb 2017

lastminute.com group preliminary results 2016: strong margin recovery, well ahead of expectations

lastminute.com group, a European leader in the online travel and leisure industry, today releases its preliminary results for 2016, demonstrating that the ambitious 2016 targets were achieved.

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08 Feb 2017

lastminute.com group enters into a business agreement with Gartour, one of the leading travel player for incoming tourism in Italy

lastminute.com group, a European leader in the online travel and leisure industry, today announced it has entered a contractual agreement with Holding Travel System S.r.l. (HTS), an Italian leading incoming tour operator which has been trading under the brand Gartour.

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26 Jan 2017

lastminute.com group announces new Chief Financial Officer

lastminute.com group, a European leader in the online travel and leisure industry, today announced that Stefano Biffi, former Chief Financial Officer at Mediamarket S.p.A., will join its Executive Management Team as deputy CFO on 30 January 2017.

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19 Dec 2016

lastminute.com group aligns executive leadership to focus on customer satisfaction

lastminute.com group, a European leader in the online travel and leisure industry, today announced the release of a new customer-centric organization and respective changes that will be effective as of January 1, 2017, to the Executive Management Team.

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18 Oct 2016

ETTSA welcomes lastminute.com group as a new member

The European Technology and Travel Services Association (ETTSA), the voice of the travel technology sector, has announced that lastminute.com group will join the association as a new member.

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20 Sep 2016

lastminute.com group aims to boost content offering and audience reach with acquisition of WAYN

lastminute.com group, a European leader in the online travel and leisure industry, announced today that it has acquired WAYN, Where Are You Now?’ to implement a content factory within the Group and differentiate lastminute.com positioning against other online travel players.

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14 Sep 2016

lastminute.com group first semester 2016: strong rebound of profitability and FY2016 guidance lifted

lastminute.com group, a European leader in the online travel and leisure industry, today releases its 1H2016 results showing a strong rebound of profitability, and even more solid financial structure.

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09 May 2016

lastminute.com group releases financial guidance for 2016 - Strong rebound of profitability

lastminute. com group, a European leader in the online travel and leisure industry, today released its financial guidance for 2016. Following good momentum in the first quarter 2016, the management sees a strong rebound of the Group’s profitability in 2016 and anticipates achieving an adjusted EBITDA of over €25M compared to a negative adjusted EBITDA in 2015.

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15 Apr 2016

lastminute.com N.V. extends share buyback 2014-2016

lastminute.com N.V. (SIX: LMN), a European leader in the online travel and leisure industry, today announced that it will extend its share buyback started in September 2014 (the “Share Buyback 2014-2016” or the “share buyback”).

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23 Mar 2016

lastminute.com N.V. publishes agenda for Annual Shareholders’ meeting 2016

lastminute.com N.V. (SIX: LMN), a European leader in the online travel and leisure industry, announces that the Board has approved the agenda for the Annual General Meeting to be held in WTC Schiphol Airport, Business & Conference Cen-ter, Schiphol Boulevard 127 1118 BG Schiphol, The Netherlands, on 4 May 2016, at 11:00 A.M. CET.

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22 Mar 2016

lastminute.com group publishes FY 2015 results

lastminute.com group, a European leader in the online travel and leisure industry, today announced the full-year results 2015. The strong growth is reflecting both solid organic performance and the full integration and consolidation of lastminute.com from 1 March 2015.

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08 Mar 2016

Invitation to investor and press conference FY results 2015 on 22 March 2016

lastminute.com group, a European leader in the online travel and leisure industry and listed on the SIX Swiss Exchange, invites you to a conference for investors, analysts and press in Lugano.

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15 Feb 2016

lastminute.com group provides update on economic effects from its 2015 integration process

lastminute.com group, a European leader in the online travel and leisure industry, today announced a financial update post completion of the integration of lastminute.com into the former Bravofly Rumbo Group.

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29 Dec 2015

lastminute.com N.V. publishes agenda for Extraordinary Shareholders’ meeting

lastminute.com N.V. (SIX: LMN), a European leader in the online travel and leisure industry, announces that the Board of Directors has approved the agenda for the Extraordinary General Meeting to be held at the offices of Van Campen Liem, J.J. Viottastraat 52, 1071 JT Amsterdam, The Netherlands, on 12 February 2016, at 08:30 am CET.

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16 Dec 2015

lastminute.com group announces a strategic update and an aligned executive leadership structure

lastminute.com group, a European leader in the online travel and leisure industry, today announced a strategic update and an aligned executive leadership structure.

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24 Nov 2015

lastminute.com group invests in urban mobility start-up and extends its services with car sharing offer

lastminute.com group, a European leader in the online travel and leisure industry, today announced a partnership with Bat Sharing, an innovative urban mobility app.

Bat Sharing is an aggregator that allows consumers to find the best solution to reach a destination comparing all available shared mobility providers for cars, scooters and bicycles as well as taxis, including Uber.

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30 Sep 2015

Supreme Court of Spain rejects Ryanair’s cassation appeal motion against Rumbo

lastminute.com group, a European leader in the online travel and leisure industry and formerly Bravofly Rumbo Group, announced today that the Supreme Court of Spain rejected the cassation appeal motion by Ryanair against online travel agency Rumbo.

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16 Sep 2015

lastminute.com group delivers robust double digit growth and gains market share in core countries

lastminute.com group today releases its 1H2015 results showing consistent growth driven by solid organic double digit performance and the consolidation of lastminute.com from 1st March.

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03 Sep 2015

Invitation to HY results 2015 conference call on 16 September 2015

lastminute.com group, European leader in the online travel and leisure industry and formerly Bravofly Rumbo Group, invites you to a conference call for investors and analysts. Fabio Cannavale, Chairman, Francesco Signoretti, CEO, and Francesco Guidotti, CFO, will inform you about the HY results 2015.

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18 Aug 2015

lastminute.com group on track to benefit from integration synergies

lastminute.com group, European leader in the online travel and leisure industry and formerly Bravofly Rumbo Group, today provides an update on its integration progress following the acquisition of lastminute.com in March 2015.

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15 Jul 2015

Bravofly new main sponsor of the Football Club Lugano

Amsterdam / Chiasso, July 15, 2015 - lastminute.com group, European leader in the online travel and leisure industry, will be the new main sponsor of Football Club Lugano with its historic brand Bravofly for the upcoming 2015/2016 season.

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19 Jun 2015

lastminute.com N.V. increases the maximum amount of the share buyback

The Board of Directors of lastminute.com N.V has approved the resolution to increase the maximum amount of the share buyback started on 17 September 2014 from EUR 10 million to EUR 18 million.


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22 May 2015

lastminute.com N.V. will trade with ticker symbol LMN by Tuesday 26th May

lastminute.com group, former Bravofly Rumbo Group, announces that the holding company will trade under the name of lastminute.com NV with the new ticker symbol LMN at SIX Swiss Exchange by Tuesday 26th May.

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19 May 2015

Bravofly Rumbo Group announces change of name to lastminute.com

Bravofly Rumbo Group (SIX: BRG), European leader in the online travel and leisure industry, today announces that it will change its corporate name to lastmiute.com in the course of the year. This decision was approved at today’s Annual General Meeting of Shareholders in Amsterdam.

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14 Apr 2015

Bravofly Rumbo Group announces new Chief Financial Officer

Bravofly Rumbo Group (SIX: BRG), European leader in the online travel and leisure industry, announces that Francesco Guidotti, currently Chief Financial Officer at YOOX, will join its Executive Management Team as CFO on 1 May 2015.

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08 Apr 2015

Bravofly Rumbo Group publishes agenda for Shareholder’s meeting

Bravofly Rumbo Group (SIX: BRG), European leader in the online travel and leisure industry, announces that the Board of Directors has approved the agenda for the next Shareholders Annual General Meeting to be held in Amsterdam on 19th May 2015 at 10:30am.

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26 Mar 2015

Bravofly Rumbo Group reports revenue growth driven by successful expansion into new markets

Bravofly Rumbo Group grew consolidated revenues by 19.3% to EUR 147.0 million in 2014 thanks to both organic growth and contribution from new businesses.

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02 Mar 2015

Bravofly Rumbo Group aligns Executive Management Team following the lastminute.com acquisition

Bravofly Rumbo Group (SIX: BRG), a leading European Online Travel Agency (OTA), today announced its newly composed Executive Management Team following the closing of the acquisition of lastminute.com, published today.

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02 Mar 2015

Bravofly Rumbo Group closes acquisition of lastminute.com from Sabre Corporation

Sabre Corporation (NASDAQ:SABR) and Bravofly Rumbo Group (SIX: BRG) announced today that Bravofly Rumbo Group has completed the acquisition of lastminute.com, following its binding offer for the business in December 2014 and the fulfillment of employee information and the consultation process.

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10 Feb 2015

Bravofly Rumbo Group acquires Map2app to broaden its mobile offering

Bravofly Rumbo Group announced the acquisition of all assets of the start-up company Map2app in its effort to broaden the company’s competences in the mobile segment as well as its wallet of innovative services and products.

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04 Feb 2015

Seedstars World flies with Bravofly Rumbo Group

Seedstars World and Bravofly Rumbo Group announce the launch of a Travel startup competition in 30 countries for 2015.

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16 Dec 2014

Bravofly Rumbo Group makes binding offer to acquire lastminute.com from Sabre Corporation

Sabre Corporation (NASDAQ:SABR) and Bravofly Rumbo Group (SIX: BRG) announced today that Bravofly Rumbo Group has made a binding offer to acquire lastminute.com.

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27 Nov 2014

Bravofly Rumbo Group broadens management team

Amsterdam / Chiasso, 27 November 2014. Bravofly Rumbo Group, a leading European Online Travel Agency (OTA), announced today that Alessandra Reda, Chief Legal Officer, was promoted to become a member of its Group management team with immediate effect. Alessandra Reda joined Bravofly Rumbo Group as head of the legal department in 2009 and was appointed Chief Legal Officer in 2011. She previously gained experience working in the legal office of Zero9 S.p.A., a company that distributes interactive mobile content to consumers. In 2007 she had joined the legal department for 71 srl, an online company that provides editorial products. Alessandra Reda holds a law degree from the University of Milano-Bicocca, and was admitted as member of the Milano Bar Association in 2013.


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16 Sep 2014

Bravofly Rumbo Group grows franchise in first six months of 2014 and broadens geographical footprint

Bravofly Rumbo Group grew consolidated revenues by 21.2% to EUR 72.1 million in the first half-year 2014. The growth has been facilitated by the strong expansion outside its core markets. Adjusted EBITDA increased by 9.5% to EUR 12.2 million, due in particular to the acquisition of metasearch provider Jetcost.

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13 Aug 2014

Bravofly Rumbo Group provides detailed information on share buyback

Bravofly Rumbo Group announced at the time of the publication of its trading update on 28 July 2014 that the Board of Directors had assigned the management with powers to set up a share buyback plan and to purchase under such plan bearer shares of Bravofly Rumbo Group for a maximum amount of EUR 10 million. The bearer shares repurchased are to be used for Bravofly Rumbo Group’s employee stock option 2011–2013 plans and/or to finance acquisitions.

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28 Jul 2014

Bravofly Rumbo Group provides preliminary trading update and full year financial guidance

The European online travel agency recorded preliminary consolidated revenues of EUR 71 million in the first six months of this year (+20% vs. H1 FY13). The growth has been facilitated by the strong expansion outside its core markets (+67% vs. H1 FY13). A comprehensive half-year report will be published on 16 September 2014.

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01 Jul 2014

Bravofly Rumbo Group, a leading European online travel agency, updates its financial calendar

Bravofly Rumbo Group will provide a preliminary update on its trading performance on 28 July 2014 and will publish a comprehensive half-year report on 16 September 2014.

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13 Jun 2014

Bravofly Rumbo broadens management team

Bravofly Rumbo Group, a leading European online travel agency (OTA), broadens its management team with Andrea Bertoli who assumes the new function of Chief Vacation Business Officer with immediate effect.

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15 May 2014

Partial exercise of IPO over-allotment option

Partial exercise of IPO over-allotment option Bravofly Rumbo Group, a leading European online travel agency ("OTA"), announces that the Joint Global Coordinators, acting on behalf of the syndicate banks, have partially exercised the over-allotment option at the offer price of CHF 48.00 per share, as part of its Initial Public Offering ("IPO").

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06 May 2014

Spanish Court again rejects Ryanair’s appeal motion against Rumbo

Bravofly Rumbo Group, a leading European online travel agency ("OTA"), announced today that the Audiencia Provincial de Madrid rejected the appeal motion by Ryanair against Rumbo, the Spanish subsidiary of the Group.

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14 Apr 2014

Bravofly Rumbo Group prices IPO and lists on SIX Swiss Exchange

Bravofly Rumbo Group, a leading European online travel agency, and certain selling shareholders have placed 5,332,500 shares at the offer price of CHF 48.00 per share in Bravofly Rumbo Group's Initial Public Offering. The IPO was multiple times over-subscribed at the offer price due to strong demand from international and Swiss investors. As a result, Bravofly Rumbo Group has set the offer price in the top half of the announced price range of CHF 40.00 to CHF 52.00 per share, implying a total market capitalisation of CHF 698 million (prior to exercise of the over-allotment option). The shares (ticker symbol: BRG) are expected to commence trading tomorrow on SIX Swiss Exchange.

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09 Apr 2014

Bravofly Rumbo Group announces early closing of its IPO and expected acceleration of the first day of trading

Bravofly Rumbo Group has decided to accelerate the timetable for its Initial Public Offering ("IPO"). Due to strong interest and demand from both international and Swiss investors, the Group will close its IPO early. The public offering is already multiple times over-subscribed throughout the communicated price range of CHF 40.00 to CHF 52.00. The shares (ticker symbol: BRG) will commence trading on SIX Swiss Exchange on or about 15 April 2014.

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19 Mar 2014

Bravofly Rumbo Group to launch IPO on SIX Swiss Exchange

The Swiss-based Online Travel Agency has announced its intention to launch an Initial Public Offering of its shares and to list on SIX Swiss Exchange. 2013 financial results have further confirmed the Group's growth momentum, in particular in its core markets Italy, Spain and France.

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20 Dec 2013

Bravofly Rumbo Group acquires French meta-search site Jetcost

Bravofly Rumbo Group has completed the acquisition of French meta-search site Jetcost.com. Jetcost, which compares more than 250 airlines, hotel booking sites and Online Travel Agencies (OTAs), helps customers find the best offers and send them to other websites to complete their booking.

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02 Nov 2012

Bravofly Group buys Spanish OTA Rumbo from Orizonia and Telefónica

Bravofly Group completed the acquisition of Rumbo from the travel group Orizonia and the telecommunications company Telefónica. One of the main online travel agencies in Spain will become part of the fast-growing Swiss group.

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