Brief: Flight Centre Travel Says A$0.18 Per Share Final Dividend For FY23

Flight Centre Travel

30/08/2023 01:07

Aug 30 (Reuters) - Flight Centre Travel  FLT.AX :
    * A$0.18 PER SHARE FINAL DIVIDEND FOR FY23
    * HAS STARTED FY24 IN A SOLID FINANCIAL POSITION
    * CURRENTLY EXPECTS MORE FAVOURABLE INDUSTRY DYNAMICS FOR
TRAVELLERS
    * CONTINUES TO TARGET A 2% UNDERLYING PBT MARGIN FOR FY25
    * FY UNDERLYING PROFIT BEFORE TAX A$106M VERSUS LOSS OF
A$361M
    * IN CORPORATE, FLT EXPECTS CLIENT SPEND TO TYPICALLY REMAIN
BELOW
PRE-COVID LEVELS IN NEAR-TERM
    * FY REVENUE A$2.28 BILLION VERSUS A$1.01 BILLION
    * ACCOUNTS OF ANNUAL SPENDS OF A$750MILLION ALREADY
IMPLEMENTED
DURING FY23 2H AND SET TO TRADE FOR FULL YEAR DURING FY24
    * IN CORPORATE, FLT EXPECTS CLIENT SPEND TO TYPICALLY REMAIN
BELOW
PRE-COVID LEVELS

Source text for Eikon:  ID:nASXLCdfc 
Further company coverage:  FLT.AX 

 ((Reuters.Briefs@thomsonreuters.com;))