Helloworld Travel: New Zealand TTV increases 31.1% in Q1FY2020

    Helloworld Travel announced (24-Oct-2019) the following highlights for Q1FY2020:

    • Total transactional value (TTV) for the quarter ended 30-Sep-2019 was AUD1.9 billion (USD1.3 billion), up 10.4% year-on-year;
    • Strong growth in Australian retail network performance of 7% on a ticketed basis;
    • Australian corporate travel management TTV increased 14.3%;
    • New Zealand TTV increased 31.1%, including a 58.8% increase in retail network TTV on a ticketed basis and 1.5% increase in corporate travel management business;
    • Unaudited EBITDA increased 7.7% to AUD24.7 million (USD16.8 million).