Australia's Helloworld Travel soars most in nearly five years on forecast hike

Webjet

28/07/2025 02:02

** Shares of Helloworld Travel HLO.AX soar as much as 16.5% to A$1.730, posting their biggest intraday pct gain since November 17, 2020

** Travel co expects FY25 underlying EBITDA (UEBITDA) between A$58.0 million and A$62.0 million ($38.15 million - $40.78 million), compared with earlier expectation of A$52 million-A$56 million

** Co cites margin improvement, cost management, and gain on revaluation of stake in Webjet Group WJL.AX for forecast hike

** YTD, HLO down 13%

($1 = 1.5205 Australian dollars)

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))