Flight Centre reaffirms guidance

MD targets growth assuming stable conditions, calls trading results promising.

Flight Centre (FLT) says it is on track to deliver on its guidance, flagging growth compared with its full-year 2013 result.

Addressing shareholders at the group's annual general meeting, managing director Graham Turner said the group is targeting a profit before tax between $370 million and $385 million, or eight to 12% growth on the prior year, assuming stable conditions and excluding possible goodwill adjustments or significant unforeseen items.

"Trading results so far are promising and indicate that we will be tracking within our targeted range in PBT terms at the end of this month," Mr Turner said.

"It is, of course, very early days and it is premature to extrapolate current growth rates over the full year."