Spain’s HBX trims full-year guidance on trade uncertainty, weaker dollar

(Reuters) -Spanish travel technology firm HBX Group said on Wednesday it was revising its full-year guidance as a result of the macroeconomic backdrop and a weaker U.S. 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% to 9% instead of the 10% to 16% 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% year-on-year.

($1 = 0.8661 euros)

(Reporting by Javi West Larrañaga and Mireia Merino in Gdansk; Editing by David Latona)