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TD breaking news – Webjet reports “exceptional half year”

Guscic claims strong market share growth.

Webjet ceo John Guscic has just unveiled the company’s results for the six months to 31 December 2015, with the company’s group TTV up more than 28% and earnings before tax surging 25%.

He said the performance reflected an acceleration of bookings shifting online. “All businesses in both our digital retail (B2C) and digital wholesale (B2B( divisions have exhibited significant market share growth in the first half,” Guscic added.

The trend is forecast to continue, with record full year TTV predicted. For the six month period TTV was $796 million with net profit after tax amounting to $10.7 million.

Guscic also confirmed an increase in Webjet’s interim dividend to 6.5c per share, up from 6.25c for the previous corresponding period.

More details in today’s issue of Travel Daily.


The above Breaking News Alert was sent to Travel Daily subscribers on 18 Feb 16

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