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Web Travel Group Limited (WEJTY) Q4 2026 Earnings Call Tr...
2026-05-27 · via All Articles on Seeking Alpha

Web Travel Group Limited (WEJTY) Q4 2026 Earnings Call May 26, 2026 7:00 PM EDT

Company Participants

John Guscic - MD & Executive Director
Shelley Beasley - Global Chief Operating Officer
Tony Ristevski - CFO & Company Secretary

Conference Call Participants

Tim Plumbe - UBS Investment Bank, Research Division
Samuel Seow - Citigroup Inc., Research Division
James Leigh - Goldman Sachs Group, Inc., Research Division
Wei-Weng Chen - RBC Capital Markets, Research Division

Presentation

Operator

Thank you for standing by, and welcome to the Web Travel Group Limited FY '26 Results Briefing. [Operator Instructions]

I would now like to hand the conference over to Mr. John Guscic, Managing Director. Please go ahead.

John Guscic
MD & Executive Director

Thank you, Kayla. Welcome everybody for the Web Travel Group Full Year '26 Results. Joining me today is our CFO, Tony Ristevski and in a change to the advertised run sheet, Shelley Beasley, our Global Chief Operating Officer will also present.

Since our launch in 2013, with the obvious exception of COVID, we have consistently outperformed the market. In a satisfying return to form, FY '26 has continued that sequence after a disappointing FY '25. If we have a look at our Slide 3, the most satisfying component of our results this year is our market-leading growth without margin compromise. As we can see, our TTV is up 20% to $5.8 billion. We've continued to increase our market share. In particular, we've been able to do that across the Americas and Europe, and we'll talk about that during the presentation. And we've been able to do that while expanding our margins. Our revenue is up 20% and it's particularly gratifying to see that the second half margin was 7.1%, up on the corresponding period in FY '25.

EBITDA is up 24%, demonstrating our operating leverage coming