Hostelworld

FY22 print… focus on FY23 guide and the €30m debt

  • Sectors : Travel IT Services
  • Companies : Hostelworld

Ratings and price correct at time of issue.

  • Hostelworld

    Closing Price: 145.0p

  • RATING 15/12/15

  • PREVIOUS RATING N/A

DAVY VIEW

The FY23 guidance, 20% revenue growth and ‘mid-to-high teens’ aEBITDA margin are the focus today. Hostelworld (HSW) is ‘well positioned and firmly on track to meet that’ and the other intriguing dynamic is the €30m debt facility – ‘the refinance process underway, expected to complete in FY23 and will lower finance costs’.

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Mar 22 2023, 08:00 GMT

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