History suggests this has been a difficult business area for HLO.
The travel management segment, which operated with 58 govt agencies prior to today's announcement, made adjusted EBITDAI (before corporate costs) of -$2.5m and $0.5m in FY13 and FY14.
Essentially 80% of the EBITDA is contributed by the retail segment, and 19.5% from wholesale.
Time will tell whether this will provide the scale needed, and if HLO can be efficient in managing it.
Ann: Whole of Govt - Sole Provider of Travel Management Services, page-5
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Last
$2.05 |
Change
0.060(3.02%) |
Mkt cap ! $302.6M | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.05 | $2.00 | $343.9K | 169.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23372 | $2.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.05 | 25481 | 5 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| HLO (ASX) Chart |
