Australia's Helloworld Travel climbs to one-month high on upbeat FY27 outlook
BUZZ-Australia's Helloworld Travel climbs to one-month high on upbeat FY27 outlook ** Shares of Helloworld Travel HLO.AX rise as much as 5.9% to A$1.430, their biggest intraday pct gain since June 15
** Stock hits its highest level since September 15
** Stock up 2.9% so far this week, on track for its best weekly performance in nearly two months
** The Australian travel company expects FY27 underlying EBITDA of A$78 million-A$84 million ($53.94 million-$58.09 million), up from A$60.2 million in FY26
** Company says forward bookings for the remainder of FY27 are showing stable momentum, with growth of about 10%
** Helloworld adds demand for leisure travel remains resilient despite the Middle East conflict and higher aviation fuel costs
** YTD, stock down 23.3%, including the session's moves
($1 = 1.4461 Australian dollars)
(Reporting by Paridhi Minda in Bengaluru)
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