By Belinda Moore
20 May 2022, 9:30 AM
FY22 was a tough year given COVID travel restrictions. However Webjet's (ASX:WEB) result was stronger than expected with TTV, revenue and cashflow beating our forecasts.
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By Belinda Moore
10 May 2022, 9:00 AM
Webjet (ASX:WEB) reports its FY22 result on 19 May. Like all travel companies, WEB was impacted by the Omicron variant which caused a wave of cancellations over a ~10-week period. We have revised our forecasts.
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By Belinda Moore
06 May 2022, 7:30 AM
Flight Centre Travel's (ASX:FLT) trading update highlighted that TTV continues to improve rapidly as travel restrictions are removed from its key markets.
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By Belinda Moore
25 February 2022, 10:30 AM
Flight Centre Travel's (ASX:FLT) 1H loss was materially worse than consensus estimates and increased on last year despite a stronger top line performance.
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By Belinda Moore
22 February 2022, 10:30 AM
The 1H22 continued to be a challenging period for Helloworld (ASX:HLO) given COVID-19-related travel restrictions and materially less government support. However, the result was better than we expected.
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By Belinda Moore
17 February 2022, 11:45 AM
Corporate Travel Management's (ASX:CTD) 1H22 result was in line with our forecast but was below consensus. Importantly the company generated positive EBITDA, strong cashflow conversion and has a strong balance sheet (no debt).
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By Belinda Moore
08 February 2022, 7:00 AM
Helloworld (ASX:HLO) recently announced the sale of its Corporate and Entertainment travel business to Corporate Travel Management (CTD) for A$175m (49% of its mkt cap).
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By Belinda Moore
31 January 2022, 1:30 PM
Corporate Travel Management (ASX:CTD) recently announced its second major acquisition during COVID with Helloworld’s (ASX:HLO) corporate travel business in ANZ for A$175m.
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By Belinda Moore
25 November 2021, 9:00 AM
Webjet's (ASX:WEB) 1H22 result continued to be severely impacted by COVID. Importantly, it is now generating positive operating cashflow and it has plenty of liquidity.
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By Steven Sassine
29 October 2021, 7:00 AM
Camplify Holdings (ASX:CHL) has entered into an agreement to acquire Mighway and SHAREaCAMPER NZ/AU from Tourism Holdings for up to ~A$7.4m.
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