The latest update is out from Helloworld Travel Ltd ( (AU:HLO) ).
Helloworld Travel Ltd reported a challenging first half of the fiscal year 2025, with declines in key financial metrics such as Total Transactional Value, revenue, and net profit after tax. Despite these setbacks, the company maintained a strong liquidity position with no bank debt and increased its interim dividend to 8 cents per share. CEO Andrew Burnes highlighted the impact of cost of living increases on leisure travel demand and reductions in airfares. However, he expressed optimism about the company’s long-term growth prospects, citing strong forward bookings and continued investments in technology and product offerings.
More about Helloworld Travel Ltd
Helloworld Travel Ltd operates in the travel industry, providing a range of travel products and services. The company focuses on leisure travel and offers services through a network of over 10,000 travel advisors across Australia and New Zealand. Helloworld is known for its agency and broker networks, technology investments, and wholesale product expansion.
YTD Price Performance: 6.19%
Average Trading Volume: 165
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €202.3M
Learn more about HLO stock on TipRanks’ Stock Analysis page.