Helloworld Travel Limited

ASX:HLO

Helloworld Travel Limited

ASX:HLO
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$1.890 (+0.3%)
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Strawman
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Last edited one year ago
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#Upgraded guidance
stale
Strawman
Added one year ago
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Despite all the dark macro storm clouds, things seem to be holding up remarkably well. The latest evidence being HelloWorld travel (again) increasing FY guidance. (ASX announcement here)

The company now expects FY underlying EBITDA of $42-45m.

Previous guidance, issued in April, was for a range of between $38-42m, which itself was an upgrade from $28-32m issued in February.

All geographic segments are now operating profitably.

Shares are on a EV/EBITDA of about 10. And at their highest level since Covid struck.