Helloworld travel (ASX:HLO) H1 profit up 4.9%

Travel company Helloworld travel (ASX:HLO) report profit before tax of $32.9 million, an increase of 4.9 per cent compared to the prior half year.

Underlying earnings before interest expense, tax, depreciation and amortisation (Underlying EBITDA) of $48.0 million, an increase of $6.2 million that’s 14.8 per cent compared with the prior corresponding period.

The company are offering a fully franked interim dividend declared of 9.0 cents per share.

Shares in Helloworld travel (ASX:HLO) trading 2.1 per cent lower at $4.15.
 
Copyright 2020 – Finance News Network

Source: Finance News Network