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Jan 10 2024, 08:30 GMT
Hostelworld
Positive FY23 performance
- Sectors : Hotels
- Companies : Hostelworld
DAVY VIEW
Hostelworld issued a post-close trading update this morning, noting that aEBITDA for FY23 will be c.€18.3m versus its prior guidance range (October 18th) of €17.5m to €18m. The CEO notes that through the year the group grew market share, delivered record revenues and increased operating leverage. It notes that going into 2024, it is strongly positioned to deliver against its medium-term financial commitments and that the company has started the year with strong momentum.
