Does Webjet looked poised to revise its full-year guidance?

Does Webjet looked poised to revise its full-year guidance?

Having delivered a 26% rise in first-half earnings before interest, tax, depreciation and amortisation (EBIT) to $18.2 million – well above the figure management promised last November – Webjet’s (ASX: WEB) share priced is up around 17% since $4.92 early February, having bounced to an all-time high of $6.47 mid-March.

Webjet's profit rose 17.2% to $10.7 million and the company declared a fully franked interim dividend of 6.5¢ a share.

What the market particularly liked about the online travel agent’s interim result for the six months to 31 December 2015 was the impact of greater confidence consumers’ now have booking online with 12% of bookings – mostly domestic ones – now made on mobile phones and around double that being booked on tablets.

As a result, Webjet continue to gain market share for international and domestic flights.

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