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WEB Web Travel News Story

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Australia's Web Travel Group rises on robust annual earnings

BUZZ-Australia's Web Travel Group rises on robust annual earnings

** Shares of Web Travel Group WEB.AX climb as much as 8.8% to A$2.59, their highest level since May 15

** Online travel agency says FY profit from ordinary activities after tax from continuing operations attributable more than tripled to A$35.5 million ($25.45 million)

** Total revenue from ordinary activities after tax from continuing operations A$394.1 million, up 20%

** Stock down 48.7% this year, including the day's move


($1 = 1.3947 Australian dollars)


(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com))

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