Refile: BUZZ-Ireland's Hostelworld slides on softer FY27 growth outlook
07/10/2026 08:09
REFILE-BUZZ-Ireland's Hostelworld slides on softer FY27 growth outlook Corrects bullet 1 to clarify shares are down
** Shares of online hostel booking platform Hostelworld HSW.L down 14.7% at 87p
** Top loser on FTSE small cap index .FTSC
** FY27 net revenue growth seen in mid-single digits
** Says Middle East conflict and weak long-haul travel demand are likely to weigh on volumes into 2027
** Expects FY26 adjusted core profit of €20 mln-€21 mln, below company-compiled estimates of €22.9 mln ($25.71 mln)
** Up to Tuesday's close, stock has fallen 18.4% so far this year
($1 = 0.8908 euros)
(Reporting by Anushka Chourasia in Bengaluru)