InvestSMART

Flight Centre reaffirms guidance

MD targets growth assuming stable conditions, calls trading results promising.
By · 31 Oct 2013
By ·
31 Oct 2013
comments Comments
Upsell Banner

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." 

Share this article and show your support
Free Membership
Free Membership
Staff Reporter
Staff Reporter
Keep on reading more articles from Staff Reporter. See more articles
Join the conversation
Join the conversation...
There are comments posted so far. Join the conversation, please login or Sign up.