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Coronavirus strips top off Webjet's advance

Liam WalshReporter
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Key Points

  • Revenue ($m) 218.2, up 24.1%
  • Pre-tax profit ($m) 12.1, down 63.4%
  • Net profit ($m) 9, down 64.3%
  • Interim dividend (c) 9, up 5.9%
  • Date dividend payable April 16

The COVID-19 outbreak has blunted earning projections for travel outfit Webjet, as tourists pull back on overseas journeys and China is locked down.

“There is a high degree of traveller uncertainty,” Webjet managing director John Guscic said on Wednesday.

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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
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    Original URL: https://www.afr.com/companies/tourism/coronavirus-strips-top-off-webjet-s-advance-20200219-p5429e