Travel bookings website, Webjet Ltd
(ASX:WEB), has announced its revenue shot up 29% to $155.3 million. Webjet also says its net profit after tax went up 27% to $22.2 million.
The company declared a final dividend of 8 cents per share, which is up 10%, compared to the same period last year.
Webjet says these results were due to strong “organic bookings” growth, outperforming the market “by more than 5 times”.
Webjet has also signed a deal with European holiday company, Thomas Cook – through its online accommodation business, Sunhotels. As part of this deal, Thomas Cook will transfer 3,000 hotel contracts to Sunhotels, for which Webjet will pay £21 million.
