<\/p>\n
Web Travel Group has upgraded its first-half FY27 profit guidance for the second time in three months, with shareholders also backing all six resolutions at its AGM, including executive remuneration.<\/strong><\/p>\n The ASX-listed parent of B2B travel distribution platform WebBeds now expects underlying EBITDA of $85 million to $89 million for the six months to 30 September 2026, up from previous guidance of $80 million to $86 million.<\/p>\n WebBeds revenue in EUR functional currency is expected to grow 14\u201316 per cent on the prior corresponding period, ahead of the previous 11\u201315 per cent range, while TTV margin is forecast at \u201cat least\u201d 6.7 per cent, up from 6.5 per cent a year ago.<\/p>\n Managing director John Guscic attributed the upgrade to stronger booking volumes and improving margins, with the Americas continuing to perform strongly and Europe, the Middle East, Africa and Asia-Pacific improving.<\/p>\n The upgrade follows a strong FY26, Web Travel Group\u2019s first full year as a standalone B2B business following the Webjet demerger. Bookings rose 18 per cent to 9.9 million, TTV increased 20 per cent to $5.8 billion and revenue grew 20 per cent to $394.1 million. Underlying EBITDA rose 23 per cent to $148.4 million.<\/p>\n Despite proxy opposition, shareholders backed the Remuneration Report with 91.15 per cent of the poll and approved deferred FY26 short-term incentive shares for Guscic with 91.78 per cent support.<\/p>\n A related Long-Term Incentive Plan resolution recorded the lowest support, at just over 90 per cent, while proposed options for Guscic tied to a 10 per cent compound annual revenue growth hurdle received 97.72 per cent support.<\/p>\n Chair Roger Sharp defended the Board\u2019s decision to apply positive discretion to FY26 STI outcomes, describing it as an exceptional response to the impact of the Middle East conflict on March trading.<\/p>\n All six resolutions passed, with the re-election of director Denise McComish and proposed rename to WebBeds Group Limited each receiving more than 95 per cent support.<\/p>\n Sharp declined to provide further detail on an ongoing Spanish tax audit into WebBeds or a class action filed by Slater and Gordon, referring shareholders to previous ASX disclosures.<\/p>\n The company also confirmed a new buyback of up to $90 million. Sharp said the Board had no current plans to pay a dividend, citing competing capital demands and a preference to retain flexibility for acquisitions.<\/p>\n Web Travel Group is due to report its 1H27 results on Wednesday, 25 November 2026.<\/p>\n<\/div>\n kabarsula SLOT <\/p>\n","protected":false},"excerpt":{"rendered":" Web Travel Group has upgraded its first-half FY27 profit guidance for the second time in…<\/p>\n","protected":false},"author":1,"featured_media":340,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-339","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kabarsula"],"_links":{"self":[{"href":"https:\/\/kabarsula.com\/index.php\/wp-json\/wp\/v2\/posts\/339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kabarsula.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kabarsula.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kabarsula.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kabarsula.com\/index.php\/wp-json\/wp\/v2\/comments?post=339"}],"version-history":[{"count":0,"href":"https:\/\/kabarsula.com\/index.php\/wp-json\/wp\/v2\/posts\/339\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kabarsula.com\/index.php\/wp-json\/wp\/v2\/media\/340"}],"wp:attachment":[{"href":"https:\/\/kabarsula.com\/index.php\/wp-json\/wp\/v2\/media?parent=339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kabarsula.com\/index.php\/wp-json\/wp\/v2\/categories?post=339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kabarsula.com\/index.php\/wp-json\/wp\/v2\/tags?post=339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Shareholders back remuneration resolutions<\/strong><\/h3>\n
Other matters<\/strong><\/h3>\n