Market-leading growth without margin compromise
| Stock | WEB Travel Group (WEB.ASX) |
|---|---|
| Release Time | 27 May 2026, 8:18 a.m. |
| Price Sensitive | Yes |
WEB Travel Group FY26 Results: Market-leading growth without margin compromise
- FY26 TTV up 20% year-on-year driven by Americas and Europe
- FY26 TTV margin improved to 6.8% from 6.7%
- WebBeds EBITDA up 24% to $172.7 million
- Strong cash flow generation and liquidity post Convertible Note redemption
WEB Travel Group announced its financial results for FY26, highlighting market-leading growth and improved margins. Total Transaction Value (TTV) increased by 20% year-on-year, driven by significant organic growth in the Americas and Europe. Despite the impact of the Middle East conflict, TTV margins improved to 6.8% from 6.7%. WebBeds EBITDA rose 24% to $172.7 million, and underlying group EBITDA increased by 23% to $148.4 million. Net Profit After Tax (NPAT) was up 8% to $85.9 million, and earnings per share (EPS) increased by 16% to 23.8 cents. The company also redeemed $250 million in Convertible Notes, resulting in strong liquidity post-redemption.
FY27 TTV margins expected to be at least 6.5%, reflecting ongoing pricing discipline
The company remains well positioned to benefit from any recovery in travel activity across affected regions and expects long-term growth in Bookings and TTV.