WEB web travel group limited

Ann: Bookings roaring back, page-5

  1. 11,625 Posts.
    lightbulb Created with Sketch. 819
    Well seems a bit over-cooked at a much higher market cap than pre covid. FY19 EBITDA was 124m post AASB, acc to their 2020 reporting. cons was for FY24 EBITDA to be 119m. So a slight increase there.

    OTA not going as well as they hoped, which is understandable with commissions slashed, and international flights still not taking off I think in May OTA was 80% of Pre Pandemic Period. Sounds like the outlook hasn't improved as much as they hoped, as no mention of current % of pre covid - and they would be saying so if it was better.
    Last edited by CaptainBarnacles: 31/08/22
 
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