Webjet announced earnings guidance for the fiscal year 2019 saying it is on track to deliver at least AUD 110 million underlying EBITDA for the existing businesses for the year to 30 June 2019. This compares to EBITDA of AUD 87.4 million for the same businesses (continuing operations) reported in the fiscal year 2018. In addition, based on the current AUD/USD exchange rate, the company expects pro-forma EBITDA for the DOTW business for the year to 30 June 2019 to be at least AUD 23 million. Assuming an acquisition close of 22 November 2018 and having regard to seasonality in that business reflecting timing of the Northern Hemisphere summer holiday period and corresponding weighting of bookings to first half of 2019, the company expects DOTW to contribute incremental EBITDA of at least AUD 10 million for the year to June 2019, pre-synergies. The company therefore expects total fiscal year 2019 EBITDA to be at least AUD 120 million, comprising EBITDA from the existing businesses as well as the 7-month contribution from DOTW, pre-synergies. The company anticipates the acquisition of DOTW will generate incremental cost and revenue synergies. These include anticipated cost synergies of USD 3 million (AUD 4 million) per annum (excluding associated one-off costs) and revenue synergies primarily relating to the distribution of WebBeds' and DOTW's unique directly contract hotel inventory through the various WebBeds platforms of USD 7 million per annum (AUD 10 million) (excluding associated one-off costs). The company expects these synergies to be realised progressively over fiscal year 2019 and recognised in full in fiscal year 2020.