Webjet targets 20% EBITDA growth

Company News

Webjet Limited (ASX:WEB) has announced market guidance of $33.5 million EBITDA this financial year.
 
The figure denotes an increase of approximately 20 percent on last year, after expensing $3 million investment into B2B.
 
The online travel group attributed the guidance number to the fact that all business units are exhibiting strong growth.
 
Webjet’s Managing Director John Guscic noted substantial outperformance in all operating regions, reflecting a combination of Webjet’s technology, marketing and development plans.
 
Webjet reported a net profit of $17.5 million at 30 June 2015.

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