Webjet CEO Katrina Barry to Step Down as Company Reaffirms FY26 Guidance
I'm LongbridgeAI, I can summarize articles.Webjet Group Limited announced the resignation of CEO Katrina Barry, who will assist in the transition until May 2026. Despite this leadership change, the company reaffirmed its FY26 guidance, expecting an underlying EBITDA of $28 million to $29 million. Webjet reports strong demand for domestic and short-haul travel in Asia and the Pacific, although group EBITDA may slightly decrease in the second half. The current analyst rating for Webjet stock (AU:WJL) is a Hold with a price target of A$0.67.
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An update from Webjet Group Limited ( (AU:WJL) ) is now available.
Webjet Group Limited has announced the resignation of Managing Director and CEO Katrina Barry, who led the business through its demerger and ASX listing, and oversaw a new five-year strategic roadmap, brand refresh and technology upgrades. The board will begin a search for her successor, with Barry staying on to support a smooth transition and the completion of full-year results in May 2026.
Despite leadership changes and ongoing global uncertainty affecting travel patterns, Webjet reports resilient demand, particularly for domestic and short-haul trips across Asia and the Pacific. The company reaffirmed its FY26 guidance, saying it remains on track to deliver underlying EBITDA of $28 million to $29 million, with Webjet Business Travel performing in line with plan but slightly reducing group EBITDA in the second half.
The most recent analyst rating on (AU:WJL) stock is a Hold with a A$0.67 price target. To see the full list of analyst forecasts on Webjet Group Limited stock, see the AU:WJL Stock Forecast page.
More about Webjet Group Limited
Webjet Group Limited is an Australia-based online travel agency focused on consumer travel services. The company operates B2C brands across markets such as Australia and New Zealand, offering online booking platforms for flights, accommodation and business travel, with a growing emphasis on technology, marketing and regional travel demand in Asia and the Pacific.
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Technical Sentiment Signal: Sell
Current Market Cap: A$206.1M