Australia's Helloworld eyes best day in 3-1/2 moths on YTD performance

Helloworld Travel

30/11/2022 24:34

** Shares of Australia's Helloworld Travel Ltd  HLO.AX  rise
as much as 9.1% to A$1.625 - set to mark best day since Aug 11
if gains hold  
    ** Travel distribution firm posts YTD revenue from cont ops
of A$41.6 mln ($27.78 mln), up 180% y/y
    ** Co re-affirms underlying EBITA guidance for FY23; YTD
EBITDA at A$8.5 mln     
    ** About 693,900 shares change hands, compared with the
30-day moving average of 278,700 shares
    ** Stock hits its highest level since Nov 21
    ** Stock had fallen 40.7% this year, as of last close
($1 = 1.4977 Australian dollars)
 (Reporting by Nausheen Thusoo in Bengaluru)
 ((Nausheen.Thusoo@thomsonreuters.com;))