Stock Track | Web Travel Group Soars 8.54% Intraday on Upbeat Profit Outlook and A$90M Buyback Plan

Stock Track

Jul 28

Shares of Web Travel Group Ltd surged 8.54% intraday on Tuesday after the company issued a bullish earnings forecast for the first half of fiscal 2027 and unveiled a substantial share buy-back program.

The company announced that its WebBeds digital travel marketplace expects total revenue to grow between 11% and 15% in Euro terms for the six months ending September, compared to the same period a year earlier. Underlying EBITDA is projected to land between A$80 million and A$86 million, despite facing currency headwinds of around 9%.

Alongside the guidance, Web Travel Group revealed plans for an on-market buy-back of up to A$90 million, set to commence in August. The company stated that it does not believe its current share price adequately reflects its trading performance and medium-term earnings outlook, signaling strong management confidence.

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Underlying EBITDA is projected to land between A$80 million and A$86 million, despite facing currency headwinds of around 9%.</p>\n<p>Alongside the guidance, Web Travel Group revealed plans for an on-market buy-back of up to A$90 million, set to commence in August. The company stated that it does not believe its current share price adequately reflects its trading performance and medium-term earnings outlook, signaling strong management confidence.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WEB.AU","symbol_name":"Web Travel Group Ltd","start_time":0,"source_url":"","article_id":"1112259529","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1112259529","pubTimestamp":1785196994,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Web Travel Group Ltd surged 8.54% intraday on Tuesday after the company issued a bullish earnings forecast for the first half of fiscal 2027 and unveiled a substantial share buy-back...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"WEB.AU":"Web Travel Group Ltd"},"translate_title":"股票跟踪 | Web Travel Group 因利润前景乐观和 9000 万澳元回购计划盘中飙升 8.54%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WEB.AU":1},"content_text":"Shares of Web Travel Group Ltd surged 8.54% intraday on Tuesday after the company issued a bullish earnings forecast for the first half of fiscal 2027 and unveiled a substantial share buy-back program.\nThe company announced that its WebBeds digital travel marketplace expects total revenue to grow between 11% and 15% in Euro terms for the six months ending September, compared to the same period a year earlier. 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