Webjet mobile phone tech driving B2C growth

Company News

by Kathy Skantzos

Travel booking website Webjet (ASX:WEB) said it is targeting business to customer (B2C) growth as a key driver for gaining market share.

The company’s FY18 to FY20 target is to grow bookings by more than three times the underlying growth rate.

The company has reaffirmed it is on track to deliver $3 billion in total transaction value and its FY18 EBITDA guidance of $80 million.

It comes as Webjet presented to Goldman Sachs on how mobile phone tools are being used to drive its branding and achieve these targets.

Shares in Webjet (ASX:WEB) are trading 1.51 per cent higher to $9.39.

Kathy Skantzos

Finance News Network
Kathy presents the Market Outlook and ASX company news. She joined FNN in September 2017. She has been in print and online journalism for over 9 years. She also worked in corporate communications.