Travel franchise operator, Jetset Travelworld (JET) has forecast an increase of 45% in its interim result for the half year ended in 31 December 07.
The company said the business is on track for a fourth successive year of profit growth.
Chairman John King said Jetset expects to achieve a significant improvement in its after tax profit compared with the interim net profit after tax of $4.6 million reported for the same period last year.
"The interim forecast result is testimony to the professionalism of our agency network and a sustained focus by management to expand earnings whilst effectively managing costs," he said.
"This cements the group's reputation as one of Australia's leading retail travel agency networks," King added.
Chief executive officer Michael Reed said the results show Australians continue to travel overseas despite increasing pressure on discretionary income from such things as rising petrol prices and interest rates.
Jetset Travelworld Group will release its half year results on 21 February 2008.
Shares in Jetset added 32 cents or 9.8% to $3.60 by 11am AEST.
