Spain's HBX trims full-year guidance on trade uncertainty, weaker dollar
The company downgraded its expected 2025 revenues to between 720 million and 740 million euros ($831-$854 million) from a previous guidance of 740 million to 790 million euros.
It also revised down its total transaction value, now expected to grow by 6 per cent to 9 per cent instead of the 10 per cent to 16 per cent projected at the initial public offering in February.
The group said in a trading update that revenues in the April-June period, the third quarter of its financial year, were up 3 per cent year-on-year.
($1 = 0.8661 euros)
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