Web Travel Group shares gain after 22% lift in first-half transaction value
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More news: Web Travel Group has seen its share price lift in morning trade after announcing that its preliminary first-half transaction value was 22% higher year on year and the company remained on track for record EBITDA for FY26.
At 11:51am AEDT, shares in Web Travel Group had lifted 4.2% to $4.22. It eased back from a peak trade of 11.1% shortly after market open.
Web Travel Group flags 22% first-half transaction value boost
The news: Business-to-business travel marketplace platform provider Web Travel Group has delivered a preliminary first-half total transaction value (TTV) of $3.17 billion, which is 22% higher than the previous corresponding period.
The numbers: The TTV was in line with the expectation as at the 2025 AGM on 26 August, which flagged at least $3.1 billion. The business is still on track for record full-year EBITDA.
Total bookings on the WebBeds platform increased 18% to 5.07 million, in line with the AGM expectation of mid to high teens.
TTV growth was driven by growth in the Americas, which was up 27% compared to the previous corresponding period. Europe and Asia Pacific TTV both posted a 12% increase while Middle East and Africa were both flat compared to the previous corresponding period.
The context: At the time of the 2025 AGM, Web Travel Group’s expected TTV of “at least $3.1 billion” was lower than the market consensus estimate of $3.2 billion.
TTV margins are also expected to be 6.2% and 6.4%, a fall compared to the 6.6% margin in the previous corresponding period due to the sale of the DMC business in March 2025 and “portfolio mix changes”.
Final first-half results for FY26 are scheduled for release on 25 November.
The source: ASX
