WEB Travel Group Period Underlying Earnings Up, Revenue Up

MT Newswires Live
08/27

WEB Travel Group (ASX:WEB) logged AU$0.238 in underlying EPS for fiscal 2026, up 16% year-over-year, according to an after-hours filing on Wednesday.

For the 12 months ended June 30, WebBeds revenue was AU$394.1 million versus AU$328.4 million previously, the Australia-listed travel booking services provider added.

The firm said WebBeds revenue in the fiscal 2027 first half is expected to be up 14% to 16% on the prior corresponding period, up from its previous guidance of 11% to 15%.

WEB Travel's fiscal 2027 first half underlying earnings before interest, taxes, depreciation, and amortization (including corporate costs) is now expected to be between AU$85 million and AU$89 million, up from previous guidance of between AU$80 million and AU$86 million.

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