Quote:
Webjet today announced Total Transaction Values for the six months ended December 31st of approximately 285 million, compared to 248 million for the previous year, an increase of approximately 15%.
During the same period transaction fees increased by approximately 25%, which is reflective of the fact that the unit value of air fares in the latest six month period as a product of intense airline sales initiatives, and intense bargain hunting by consumers, have decreased relative to last year.
This means that our transaction volumes have increased at a rate we estimate of more than double the growth rate in the leisure market.
Therefore, if all else is constant...you would expect net profit to increase by