Online travel bookings company Webjet is exploring splitting its consumer and business-facing operations into two standalone ASX-listed companies after handing down a record full-year performance on Wednesday morning.
Webjet said underlying net profit after tax hit a record $128.4 million in the 12 months to March 31, up from $69.4 million in financial year 2023, driven in large part by the expansion of its business-to-business (B2B) unit.
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Ayesha de Kretser is a senior reporter with The Australian Financial Review covering the aviation and tourism sectors. She has previously reported on banking, mining and commodity markets. Connect with Ayesha on Twitter. Email Ayesha at ayesha.dekretser@afr.com.au
