Webjet Limited
(ASX:WEB) has reported a 60 per cent jump in its first half net profit, lifting to $9.17 million. The online travel retailer’s result was aided by a 64 per cent surge in revenue as it integrated its latest acquisition into the business.
Managing Director John Gusic has described the company’s financial results as exceptional and highlighted the company’s strategic investments in Cloud technology, marketing and product development.
Mr Gusic says these investments have provided a powerful operating and infrastructure platform to enable continued business development across all regions.
Webjet has boosted its interim dividend by 25 cents to 6.25 cents, fully franked.