Media Release
TTV and Profit Growth Continues In First Quarter
30th September 2008
Webjet today announced that despite an apparently flat travel market in the first quarter, both TTV and profit has continued to increase.
Through gains in market share and economy of scale, the first quarter profit has exceeded budget expectations and turnover is nudging $100 million for the quarter with profit substantially above the same quarter last year.
However, in light of the extraordinary world financial situation we do not consider it prudent at this early stage to revise our full year profit expectations which remain at an increase of 12% relative to the last full year.