Webjet Limited (AU:WEB) has released an update.
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Web Travel Group Limited reported a promising 25% increase in Total Transaction Value (TTV) to $2.6 billion for the first half of 2025, despite challenges such as the collapse of FTI Group and major events impacting margins. The company remains optimistic about achieving a $10 billion TTV target by 2030, aided by strategic investments and a robust B2B focus following its recent demerger. WEB’s strong cash position and scalable operations suggest a potential return to a 50% EBITDA margin by FY26.
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