Helloworld Travel Ltd ( (AU:HLO) ) has issued an update.
Helloworld Travel Ltd has updated its FY25 guidance, adjusting its Underlying EBITDA expectations to between $52 million and $56 million due to market volatility and economic uncertainty. Despite these challenges, the company reports strong forward bookings for FY26 and continues to invest in technology and network expansion. The company is experiencing growth in outbound travel to the United States and Asia-Pacific regions, with cruise sales showing significant increases. Domestically, premium cabin sales have risen, and the wholesale business in Australia and New Zealand is expanding. Helloworld maintains a strong financial position with no bank debt, supporting future growth and shareholder returns.
More about Helloworld Travel Ltd
Helloworld Travel Ltd is a company operating in the travel industry, providing services such as ticketing, wholesale, and accommodation platforms. It focuses on outbound travel to key markets like the United States, Asia, the Pacific, Europe, and the UK, with a strong presence in Australia and New Zealand.
Average Trading Volume: 343,415
Technical Sentiment Signal: Sell
Current Market Cap: A$238.5M
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