Spanish travel tech firm HBX posts 12% higher transaction value for Q3
Spanish travel tech firm HBX posts 12% higher transaction value for Q3 By Gemma Guasch
July 29 (Reuters) - Spanish travel technology firm HBX Group HBX.MC reported a 12% jump in its third-quarter transaction value on Wednesday, citing a gradual recovery in previously disrupted travel corridors.
The company posted a total transaction value of €2.4 billion ($2.7 billion) for the third quarter of its accounting year, compared with €2.2 billion a year ago.
HBX had trimmed its full-year guidance in May, warning the conflict in the Middle East was impacting travel routes and prompting travellers to reconsider their bookings in the region.
($1 = 0.8772 euros)
(Reporting by Gemma Guasch; Editing by Milla Nissi-Prussak)
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