WEB.ASX: On track for a record FY26

On track for a record FY26

Stock	WEB Travel Group (WEB.ASX)
Release Time	26 Aug 2025, 8:14 a.m.
Price Sensitive	Yes

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Web Travel Group on track for record FY26

Key Points

1H26 TTV on track to be at least $3.1 billion
FY26 TTV margins on track to be at least 6.5%
Targeting record EBITDA in FY26

Full Summary

Web Travel Group Limited (ASX:WEB) provided a trading update at its 2025 Annual General Meeting, indicating the company is on track for a record FY26. For the first six months of FY26, Total Transaction Value (TTV) is on track to be at least $3.1 billion, up from $2.6 billion in 1H25, with strong growth continuing in the Americas, Asia Pacific, and Europe. FY26 TTV margins are expected to be at least 6.5%, compared to 6.7% in FY25. While 1H26 TTV margins will be lower at 6.2-6.4% due to the sale of the DMC business and portfolio mix changes, the company is targeting record EBITDA in FY26. The WebBeds business continues to outperform its peers, gaining market share with stable TTV margins. The company noted a material increase in cancellations globally for a two-week period in June due to the Israel-Iran conflict, but trading has since picked up in other regions, though the Middle East continues to see ongoing weakness.

Guidance

1H26 TTV on track to be at least $3.1 billion (1H25: $2.6 billion), FY26 TTV margins on track to be at least 6.5% (FY25: 6.7%), targeting record EBITDA in FY26.