HLO helloworld travel limited

News: HLO Helloworld updates on AOT Group merger

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    May 4 (Reuters) - Helloworld Ltd (HLO) :

    • Merger update (HLO)
    • Helloworld advised that $13.2 million of synergies have now been identified

      to date

    • On target to exceed the original $7.6 million of synergies estimated in the

      explanatory memorandum prior to the merger

    • Further advises that cost savings on an annualised basis totalling $3.9

      million have been identified and are currently being actioned

    • Expect to see a very positive upward trend in earnings in FY 2017
    • Was on track to achieve significantly improved result in FY 2017 through a combination of tight cost control, margin growth and improved TTV
                            
 
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Last
$1.43
Change
0.055(4.00%)
Mkt cap ! $233.5M
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