Decent Performance in FY 18: HelloWorld Travel Limited (ASX: HLO) shares climbed up 2.588 percent on September 14, 2018 post-release of FY18 presentation in which the group expected EBITDA in the range of $76 Mn to $80 Mn for FY19. According to the presentation, the company earned a profit after tax of $32 million in FY18, exhibiting growth of 48.1 percent on a Y-o-Y basis. Basic EPS came in at 27.1 cents per share which is an increase of 8.3% compared with the previous year. Based on the performance, the company declared fully franked final dividend of 11.0 cents per share, which brings the total dividends for the FY 2018 to 18.0 cents per share fully franked. In the second half of FY 2018, there was a strong growth in the air sales volume due to which TTV grew 3.5%. The revenue reported $326 million in FY18 which is in line with the prior year. It was mainly impacted by disposed operations and restructuring of insider Journey business. However, the company witnessed significant growth in EBITDA and NPAT in FY18 because of cost optimization strategy and synergies benefits. EBITDA stood at $65.2 million in FY 18 which is 18.2% higher than the FY 17. During the period, the company took several market initiatives to improve brand recognition and value proposition to its member and agents. [optin-monster-shortcode id=”wxhmli4jjedneglg1trq”]
HLO’s shares traded at $5.550 with the market capitalization of $673.59 million as of 14 September 2018 (AEST 6:27 PM).
The Income available from dividends remains attractive for many investors.
We take a look at the best yields on the market and assess what they say about a company’s prospect.
One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkine’s team of analysts bought you handpicked report for “Top 25 Dividend Stocks For 2018.”
ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.
Click here to get your free report.
The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. Kalkinemedia.com and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.