Half Year 2025 Web Travel Group Ltd Earnings Call Transcript

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Nov 27, 2024

Nov 26, 2024 / 10:00PM GMT
Operator

Thank you for standing by and welcome to the Web Travel Group Limited one H25 results briefing.

(Operator Instructions)

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

John Guscic - Webjet Ltd - Managing Director, Executive Director

Thank you, Ashley. Welcome, everyone, to the Web Travel Group first-half 2025 result presentation. Joining me today, I have our CFO, Tony Ristevski. Well, a lot has changed since our full year results presentation in May. Most significantly, we have demerged. And as everyone want to discuss, we have a changed revenue margin implication for our business going forward.

Let's go into the demerger first. Next slide. As we announced in May, the intention was to split the company into two component businesses that was successfully implemented on the 30th of September. Web Travel Group, which is the call that you're all on at the moment, runs the WebBeds business. And the Webjet Group runs the B2C business, which was the former OTA business, GoSee and the Trip

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