Elizabeth Gaines, CEO, Helloworld

Elizabeth Gaines, CEO, Helloworld

For the second year running earnings at travel agency group Helloworld could fall by 25%, the company said today. It anticipates EBITDA earnings of $30m to $35m for FY15, compared with $40m in FY14, which was down 25% from $54m in FY13.

“This forecast result reflects the financial impact of the decrease in network numbers combined with the enhanced agent incentive structure and a commitment to growing the Helloworld brand through an increased investment in marketing,” said CEO Elizabeth Gaines at the company’s annual general meeting.

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