FY26 Results Announcement
| Stock | Webjet Group Limited (WJL.ASX) |
|---|---|
| Release Time | 20 May 2026, 9:10 a.m. |
| Price Sensitive | Yes |
Webjet Group FY26 Results: Growth Investments and Strong Balance Sheet
- Webjet Group reported Underlying EBITDA of $28.1 million for FY26, down from $35.0 million in FY25.
- The company maintained a strong balance sheet with net cash of $93.9 million.
- Webjet Group declared a total dividend of 4.0 cps, exceeding 100% of Underlying NPAT.
Webjet Group Limited (ASX:WJL) announced its financial results for the 12 months ended 31 March 2026 (FY26). The company reported Underlying EBITDA of $28.1 million, down from $35.0 million in FY25, reflecting targeted investments in talent, technology, and marketing. Despite a challenging macro environment, Webjet Group maintained a strong balance sheet with net cash of $93.9 million and net assets of $138.4 million. The company declared a total dividend of 4.0 cents per share, exceeding 100% of Underlying NPAT. Key highlights include the relaunch of the Webjet OTA brand, significant investment in AI, and the acquisition of Locomote, now operating as Webjet Business Travel.
The company expects ongoing challenges in FY27 due to geopolitical conflicts, inflationary pressures, and low consumer sentiment. Webjet Group remains focused on cost control, operational efficiency, and strategic investments.