Slide 1: Full Year Results 2011-12
For personal use only FULL YEAR RESULTS 2011-12 Richard Noon Finance Director
Slide 2: 2012 Full Year Review
2012 Full Year Review For personal use only TTV Up 30%. Consistent over both halves Core margin growing Up marginally to 5.2% of TTV. Hotel business set up. NPBT up 25%. First half +21%, second half +29% Final Dividend increased to 7 cents (fully franked) Number #1 OTA Australia + NZ Full Year Resul
Slide 3: Summary
Summary For personal use only All $M 2011-12 2010-11 % Change TTV 768 592 +30% EBITDA 18.2 13.7 +33% NPBT 19.3 15.4 +25% NPAT 13.6 11.0 +24% EPS (diluted) 18.8 cents 14.3 cents +31% Dividend 13.0 cents 11.0 cents +18% (fully franked) Full Year Results 2011-12
Slide 4: Growth by Half
Webjet Limited Growth by Half For personal use only H1 (FY12) H2 (FY12) FY12 TTV 29% 30% +30% EBITDA 30% 36% +33% NPBT 21% 29% +25% NPAT 17% 29% +24% EPS 23% 38% +31% Full Year Results 2011-12
Slide 5: Years of Consistent Organic Growth
7 Years of Consistent Organic Growth For personal use only 900 20 800 18 700 16 14 600 12 500 10 400 8 300 6 200 4 100 2 0 0 2005 2006 2007 2008 (1) 2009 2010 2011 2012 TTV - $M 77 172 250 330 388 504 592 768 EPS diluted (cents) 1.2 0.9 4.7 8.9 10.2 13.8 14.3 18.8 Dividend (cents) 0.0 0.0 2.0 5.0 6.
Slide 6: Consecutive Halves of Growth
17 Consecutive Halves of Growth For personal use only TTV Growth by Half Year - A$M 450 400 350 300 250 200 150 100 50 0 2004 2005 2006 2007 2008 2009 2010 2011 2012 -50 H1 H2 Linear (H2) Full Year Results 2011-12
Slide 7: Consistent Model
Consistent Model For personal use only Revenue & Costs as % TTV Operating Costs Non Mktg Costs Marketing Costs NPBT 2.9% 2.6% 2.5% 1.5% 1.7% Marketing Within 2% 1.5% 2.1% 2.0% 2.1% Call centre savings offset Hotel set up expenses 1.2% 1.5% 1.6% 2010 2011 2012 FY FY FY 7.7% 7.7% 7.7% Full Year Result
Slide 8: Core Margins Improve
Core Margins Improve For personal use only As a % TTV Revenue Invest Income 0.21% 0.35% 0.36% 7.51% 7.37% 7.36% 2010 2011 2012 FY FY FY Full Year Results 2011-12
Slide 9: Segment Results: Core v Emerging
Segment Results: Core v Emerging For personal use only 24,000 20,000 16,000 12,000 8,000 4,000 0 -4,000 Core (AU/NZ) A$M Emerging (US/Asia) A$M 2008 9,472 0 2009 10,774 0 2010 14,608 -100 2011 16,084 -698 2012 20,160 -864 Met the < $1M commitment Full Year Results 2011-12
Slide 10: Strong Balance Sheet
Webjet Limited Strong Balance Sheet For personal use only All $M rounded Jun 2012 Jun 2011 Change Cash 34 41 -7 * Debtors 5 2 +3 Non Current 15 12 +3 Assets Liabilities 21 15 +6 Equity 33 40 -7 * * Offsetting Effect of Buyback on Cash and Equity Full Year Results 2011-12
Slide 11: Dividends
Dividends For personal use only Cents Paid (Fully Franked) Interim Final 7.0 5.5 6.0 3.5 3.0 6.0 5.0 5.0 3.0 2.0 2.0 2007 2008 2009 2010 2011 2012 Full Year Results 2011-12
Slide 12: Share Buyback Summary
Share Buyback Summary For personal use only Buy Back #1 and #2 completed Buyback Shares M Outlay $M Avg Price From To Buy Back #1 3.9 $7.9 2.02 Mar-11 Aug-11 Buy Back #2 3.7 $9.6 2.61 Sep-11 May-12 Total 7.6 $17.5 2.31 Full Year Results 2011-12
Slide 13: EPS Growth
EPS Growth For personal use only EPS First Half +23% YOY, Second Half +38% 450 11.0 Buyback #2 400 10.5 Buyback #1 10.0 350 9.5 300 9.0 250 8.5 200 8.0 150 7.5 100 7.0 50 6.5 0 6.0 H2 H1 H2 H1 H2 2010 2011 2011 2012 2012 TTV - $M 256 285 307 369 399 EPS diluted (cents) 6.86 6.63 7.70 8.17 10.63 Full
Slide 14: Full Year Results 2011-12
For personal use only FULL YEAR RESULTS 2011-12 John Guscic Managing Director
Slide 15: For personal use only
For personal use only Full Year Results 2011-12
Slide 16: No 1 OTA – Air
For personal use only NO 1 OTA – AIR* Australia and New Zealand *Number 1 OTA in AU/NZ for 4 years running, as determined by Hitwise Full Year Results 2011-12
Slide 17: Air
Air For personal use only • Domestic: Share Battle is Won • + 17% Bookings – Dominant market position • Market down 0.2% * • International: Shifting Share • + 34% Bookings – Strong growth likely • 8 times the market * • Mobile: Exploding Share • + 502% bookings growth – No 1 transactional travel App
Slide 18: Webjet Brand Strength
Webjet Brand Strength For personal use only Comparative Brand Strength Jun-12 9% Stronger than most airlines 8% 7% 6% Search Clicks 5% 4% 3% 2% 1% 0% Jetstar Webjet Qantas Flight Centre Wotif Virgin Tiger Airways Sources: Hitwise search traffic to Agencies & Airlines, June 2012 Full Year Results 201
Slide 19: Hotels
For personal use only HOTELS Webjet Hotels Full Year Results 2011-12
Slide 20: Hotels
Hotels For personal use only • TTV run rate of $42M at June, up from $25M in December • FY12 was about achieving scale • FY13 is about managing margin Full Year Results 2011-12
Slide 21: Hotels
Hotels For personal use only • Launch Lots of Hotels in the Middle East • Online B2B Hotels Business • Not an adventure • Proven team • Prudential management of risk • Launch in Q3 2013 Full Year Results 2011-12
Slide 22: Emerging Markets
For personal use only EMERGING MARKETS USA, Asia, South Africa Full Year Results 2011-12
Slide 23: Emerging Markets
Emerging Markets For personal use only • USA: Profitable • South Africa: Profitable • Asia: Continue to build the brand Full Year Results 2011-12
Slide 24: Investing in the Future of Travel
For personal use only INVESTING IN THE FUTURE OF TRAVEL Full Year Results 2011-12
Slide 25: FY2012: Setting Firm Foundations
FY2012: Setting Firm Foundations For personal use only • Enter new cloud hosting agreements with Macquarie Telecom and Microsoft • Update website utilizing new technology • Broaden mobile offering using new technologies • Extend content to include packages and new airlines • Leading edge, next gener
Slide 26: FY2012: Setting Firm Foundations
FY2012: Setting Firm Foundations For personal use only Full Year Results 2011-12
Slide 27: FY2013: Expanding the Market Footprint
FY2013: Expanding the Market Footprint For personal use only Full Year Results 2011-12
Slide 28: Results and Guidance
For personal use only RESULTS AND GUIDANCE Full Year Results 2011-12
Slide 29: Full Year Results
Full Year Results For personal use only + 30% TTV + 25% PROFIT BEFORE TAX + 24% PROFIT AFTER TAX Full Year Results 2011-12
Slide 30: Profit Streams
Profit Streams For personal use only Full Year Results 2011-12
Slide 31: For personal use only
For personal use only Full Year Results 2011-12