Webjet’s NPAT fell 21% to $41.5 million

Company News

by Rachael Jones

Webjet's (ASX:WEB) statutory full-year net profit after tax fell 21 per cent to $41.5 million.

Total Revenue was up 224 per cent to $761.6m

EBITDA rose 23 per cent to $86.3 million.

The Webjet OTA continues to grow market share and their travel company WebBeds remains the fastest growing B2B business in the world following the transformational acquisition of JacTravel in August 2017.

The company has declared a final dividend of 12 cents a share, fully franked, to be paid on October 11, an increase of 2 cents on a year ago, taking the full year dividend to 20 cents a share.

Shares in Webjet's (ASX:WEB) closed up 1.26 per cent to $14.48 yesterday.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.