Web Travel Group (WEB) reported strong financial results for fiscal year 2026, with significant growth in revenue and profitability. Revenue increased 20% to AUD 394.1 million, while EBITDA rose 24% to AUD 172.7 million.
The company's stock rose 3.57% following the announcement, though shares remain down approximately 48% over the past six months.
Web Travel Group continues to gain market share, particularly in the Americas and Europe, where bookings grew 41% and 19%, respectively.
The company is leveraging AI tools to enhance conversion rates. AI pricing tools are deployed across 40% of product inventory.
No dividend was declared for FY 2026 due to geopolitical uncertainties. However, management remains optimistic about future growth.
