Australia's Web Travel Group rises on robust annual earnings
27/05/2026 01:37
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)
Recent news on Webbeds
See all newsBrief: Web Travel Says It Has Been Served With Class Action Proceedings
Australia's Web Travel jumps on share-buyback plan, strong outlook
Australia's Web Travel rises on share buyback plan, strong outlook
Brief: Web Travel Group Announces On-Market Share Buy-Back Of Up To A$90 Million
Brief: Web Travel Group Announces On-Market Share Buy-Back Of Up To A$90 MLN