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BRIEF-Helloworld provides trading and operational update

Published 04/08/2015, 08:40 am
Updated 04/08/2015, 08:46 am
© Reuters.  BRIEF-Helloworld provides trading and operational update
HLO
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Aug 3 (Reuters) - Helloworld Ltd HLO.AX :

* Trading and operational update HLO.AX

* Says confirms that it expects FY adjusted EBITDAI to be in the range of $27 million to $28 million

* Sees to deliver an FY adjusted profit before tax of approximately $7 million

* It is prudent for the company to write down the goodwill balance and incur a non-cash impairment charge of $205 million"

* Goodwill write down is non-cash charge which will be recognised in statutory results with no impact on hlo's cashflows or ongoing operations

Source text for Eikon ID:nASXzSCHX

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