Webjet-s in 3Q
Despite market uncertainties after recent natural disasters, Webjet has reported a 14 percent increase in total transaction value for the third quarter ending 31 March.
The jump to $145 million for sales comes alongside strong result in US operations and trading “in line with expectations”.
Webjet chairman David Clarke said the Australian market continues to be bargain savvy, with leisure travel altering “consumer buying patterns” after recent economic downfalls.
“There are a wide range of conflicting economic indicators in the Australian market including a contraction of consumer discretionary spending, a propensity for consumers to act conservatively in relation to mortgage repayments and saving levels,” Mr Clarke said.
“We expect that consumers’ sensitivity to travel bargains will be a key factor in the remainder of this calendar year.”
For the full year, Webjet said it expect to achieve full year guidance of a net profit after tax of $10.5 million. |
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Source = e-Travel Blackboard: N.J