WEB web travel group limited

market guidance record quarter profit increases 15

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    10 October 2006
    MARKET GUIDANCE
    RECORD QUARTER ENDED 30 SEPTEMBER 2006
    PROFIT INCREASES 15%
    Webjet today announced a Net Profit Before Tax (unaudited) of approximately $1.1 million for the
    quarter ended 30 September 2006.
    Commenting, Webjet Managing Director, David Clarke, said:
    “The net profit for the quarter is a quarterly record result and is after fully expensing the substantially
    increased marketing cost foreshadowed in our annual report. Compared with the same quarter last
    year, after an increase in marketing costs of approximately $800,000, (from $400,000 last year to
    $1.2 million this year) we have at the same time increased profit by approximately $150,000 or 15%
    (from $950,000 last year to $1.1 million this year).
    The marketing costs for the quarter are tracking in an aggressive but tightly controlled percentage
    band of approximately 2% of TTV and have developed substantially greater TTV momentum with
    quarterly TTV reaching a record of $60.2 million compared with $39.5 million for the same quarter
    last year.
    This substantial momentum and increased market footprint is currently extending into the October
    quarter with all indicators currently strong.
    Cash flow remains very strong with $25.2 million on hand as at 30 September 2006 compared with
    $23.1 million as at 30 June 2006, an increase of $2.1 million for the quarter.
    Whilst no forecasts are made at this time we are delighted with the result.
    Market guidance in relation to capital management and dividend policy will be provided at the
    forthcoming AGM on 2 November 2006.”
    David Clarke
    Managing Director
    Webjet Limited
    For further information contact David Clarke on (03) 9828 9723
    Webjet – Australia’s Multi Award Winning Online Travel Service
    http://www.webjet.com.au/About_us/Awards.html
 
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