Australia's WEB Travel slips, Jefferies flags peer's challenges

Web Travel

31/07/2025 06:57

** Shares of B2B travel services firm WEB Travel WEB.AX slips 1.8% to A$4.5, their lowest level since July 8

** Jefferies flags Spanish peer HBX Group HBX.MC downgrading full-year guidance as a result of the macroeconomic backdrop and weaker U.S. dollar

** Brokerage says WEB is not immune to the same factors impacting HBX's Q3 results

** Adds, although WEB's total transaction value (TTV) growth surpasses HBX, HBX seems to outperform WEB regarding take rate and EBITDA margins

** Jefferies says, in the sector, while growing TTV is relatively simple, the key challenge is to do so while sustaining the take rate and improving EBITDA margins

** Stock set for its strongest monthly gain since May

 (Reporting by Kumar Tanishk in Bengaluru)

 ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))