HLO helloworld travel limited

Ann: Proposed issue of securities - HLO, page-70

  1. 597 Posts.
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    Yep, web travel has been caught having to disclose its margin contraction. Exposure to the collapse of a major European travel group and admitting to a huge margin contraction it won’t make the same profits this year. Customer financial incentive agreements were also disclosed as another reason, sounds like they puffed this up a bit for the demerger. GLTAH
 
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