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WEB Travel Group Limited (ASX:WEB)

ALERT: Price-sensitive ASX Announcement for WEB
Current share price for WEB : $2.865 0.485 (20.38%)+
Announcement
Release
27 May 2026 8:18AM
Price at Release
$2.380
Full Release
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Summary
WEB Travel Group Limited reported strong financial results for FY26, showing market-leading growth without compromising margins. The company achieved a TTV of $5.8 billion, reflecting a 20% increase from FY25, with revenue reaching $394.1 million. The Group's EBITDA was $148.4 million, up 23%. WebBeds significantly contributed to this growth, especially in the Americas and Europe, with expanding margins. Despite challenges like geopolitical instability and FX headwinds, the company remains optimistic about long-term growth. Investment in technology and AI capabilities was substantial, supporting future resilience and efficiency. The financial year also marked the first full year post-demerger, with robust liquidity supported by a $150 million share buyback.
Key Points
  • Market-leading growth in TTV and revenue for FY26, with WebBeds achieving a significant increase in EBITDA.
  • Total Transaction Value (TTV) reached $5.8 billion, reflecting a 20% increase from FY25.
  • Revenue for WEB was $394.1 million, up 20% from the previous year.
  • Underlying Group EBITDA was $148.4 million, an increase of 23% from FY25.
  • WebBeds played a crucial role in driving growth, with margins expanding and significant growth in the Americas and Europe.
  • The company executed a $150 million share buyback and reported strong liquidity with $448.1 million cash at hand.
  • Geopolitical instability and FX headwinds were notable challenges impacting the FY27 outlook, yet long-term growth expectations remain positive.
  • Capital expenditures were focused on technology enhancements, with significant investment in AI capabilities.
  • The demerger process completed in the previous year, with FY26 reflecting the first full year of standalone costs for Web Travel Group Limited.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.