
Web Travel Group secures profit margin growth
Web Travel Group (ASX:WEB) announced its financial results for the 12 months ended March 31, delivering growth without compromising its profit margins.
The company secured a 20% rise in both total transaction value and revenue, reaching $5.8 billion and $394.1 million, respectively.
The strong performance was underpinned by an incremental $1 billion in TTV achieved at improved margins.
The standout drivers for this fiscal year were the Americas and Europe, where bookings spiked by 41% and 19%, respectively, compared to FY25.
The company’s WebBeds B2B travel distribution business proved to be a major growth engine, with WebBeds EBITDA climbing 24% to $172.7 million.
On a broader scale, the underlying group EBITDA rose 23% to $148.4 million, while underlying net profit after tax experienced an 8% lift to reach $85.9 million.
Underlying earnings per share jumped 16% to 23.8 cents. Web Travel Group maintains a pro forma liquidity position of approximately $500 million.