WEB web travel group limited

I was also thinking back to Webjet's announcement on 21 February...

  1. 179 Posts.
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    I was also thinking back to Webjet's announcement on 21 February 2019 in relation to 1H FY19 Results when the stock price jumped from less than $12 to $16 in 1 day! if the Key Highlights in that announcement were as follows, Webjet and more specifically WebBeds seems to have grown and improved since then... WebBeds margins have also increased according to the FY Report to 36.4%

    WEBJET KEY FINANCIAL HIGHLIGHTS - 1H FY19
    •$1.9 billion (TTV)–up 29%
    •$175.3 million revenue–up 33%
    •$58.0 million EBITDA–up 42%
    •33.1% EBITDA margin–up 201bps•$38.3 millionNPAT (beforeAA)–up 61%
    •$31.8 million NPAT–up 59%
    •31.5 cents earnings per share (EPS)–up 48%
    •8.5cents fully franked interim dividend

    WEBBEDS BUSINESS HIGHLIGHTS - 1H FY19
    https://hotcopper.com.au/data/attachments/1786/1786100-c052f02aed926237c5f7406a6f79a43f.jpg
    Assuming the 50% growth in TTV holds until 31 December, that could potentially be a $25 million increase in the EBITDA line... Hopefully there are no other undisclosed write offs in relation to Thomas Cook like some people are forecasting and no performance issues with other partners.

 
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