May 4 (Reuters) - Helloworld Ltd HLO.AX :
* Merger update HLO.AX
* Helloworld advised that $13.2 million of synergies have now been identified
to date
* On target to exceed the original $7.6 million of synergies estimated in the
explanatory memorandum prior to the merger
* Further advises that cost savings on an annualised basis totalling $3.9
million have been identified and are currently being actioned
* Expect to see a very positive upward trend in earnings in FY 2017
* Was on track to achieve significantly improved result in FY 2017 through a combination of tight cost control, margin growth and improved TTV
* Source text for Eikon ID:nASX562xVR
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