Appreciate that their Ord Minett presentation indicated EBITDA of 125m for FY2019, but they did not provide any update on whether the issues with Thomas Cook will impact them in 2020 & going forward.
From teh Ord Minett preso, it seems they are expecting TTV of ~300-450m from Thomas Cook so a large part of that $40m additional EBITDA I suspect will be coming from Thomas Cook (and a smaller contribution from DOTW & Asia).
Has there been anything from the company (or even a broker report) that someone has seen that may shed some light on possible impact on WEB as a result of the difficulties at Thomas Cook
WEB Price at posting:
$13.24 Sentiment: Hold Disclosure: Held
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