Media Release
Market Guidance Update 07/08 - Improved Outlook
14th November 2007
Webjet today advised that trading results for the period 1 July to 31 October 2007 are currently materially better than envisaged in guidance note released 1 August 2007.
Commenting, Webjet Managing Director, David Clarke said
"The first four months of the financial year currently indicate a profit before tax result, which, if continued to 30 June 2008, would suggest a result in the range of 10-15% better than current guidance numbers.
Whilst it is clearly too early in the year to reach a forecast position, we are extremely pleased with the indicators for the first half which suggest a percentage improvement of between 60% and 70% which would produce a PBT of between $3.3m to $3.6m compared with $2.1m last year for the six months to December."