Australia's Webjet dives to over six-month low on weaker outlook, lower bookings

Webjet

13/11/2025 24:13

** Shares of Webjet WJL.AX fall 21.8% to A$0.688, hitting their lowest since May 8

** Stock posts its biggest intraday percentage drop since listing on the market in September 2024

** The digital travel company provides FY26 underlying EBITDA outlook of A$30 mln – A$34 mln, below analyst estimates of A$37.9 mln, according to LSEG data

** Webjest says 1H26 booking falls 8% year on year to 724,000

** Co revises its FY25 underlying EBITDA to A$35 mln from A$39.4 mln reported earlier

** Analysts at Jefferies say outlook commentary is negative with the company expecting "continued subdued conditions in its core market — domestic leisure travel — for the remainder of 2H26"

** Including sessions' losses, WJL down 20.7% YTD

 (Reporting by Atharva Singh in Bengaluru)

 ((Atharva.singh@thomsonreuters.com))