HLO provides EBITDA guidance of $83 million to $87 million for 2019/20.
Helloworld Travel Limited has just issued an update to investors, saying that having finalised its major FY20 commercial agreements it is expecting its full year profit to be up to $10 million higher than in 2018/19.
The commercial deals settled include new GDS contracts, which presumably reflect the impact of the new Qantas Channel.
Helloworld Travel CEO Andrew Burnes said “we are confident that given a continuation of current trading conditions we will again have a strong year in FY20.
“We are in a very strong position to continue the business momentum and achieve our targets in the year ahead,” he said.
More details in today’s issue of Travel Daily.