Web Travel Group shares jump 11.4% after FY27 1H revenue outlook and $90 million buyback plan
AI Market Summary
Web Travel Group's FY27 1H guidance signals 11%–15% revenue growth and underlying EBITDA of $80–$86m despite FX headwinds, alongside a $90m buyback targeting just under 10% of shares. The combination of resilient operating momentum, improving margins, and capital return supports a positive near-term reassessment of fundamentals after extended share underperformance, lifting risk sentiment around the name.
Impact level
● Medium
Affected assets
NCCOGOLD2USD/USDT-1.12%
AI Insight · NCCOGOLD2USD/USDTAI Insight
▲ Bullish
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Web Travel Group (ASX: WEB) issued guidance for the first half of FY27, projecting revenue growth of 11%–15% year on year and underlying EBITDA of $80 million–$86 million. The company also announced a $90 million share buyback, targeting just under 10% of its outstanding shares. Following the update, the stock rose 11.4% to A$3.12. It said the current share price does not appropriately reflect its trading performance, cash generation and medium-term earnings outlook.
