Flight Centre continues profit run - TravelMole


Flight Centre continues profit run

Tuesday, 27 Aug, 2013 0

Flight Centre has forecast its profit before tax will rise between 8 per cent and 12 per cent in 2013-14, after reporting its 14th record profit before tax for the 2012-13 financial year.

Stronger sales and improved margins have helped Flight Centre lift its net profit 23%.

Australia’s largest travel agency’s 2012/13 profit was $246 million, up from $200 million the previous year.

Revenue was up nine per cent to $1.99 billion.

Managing director Graham Turner said the company recorded profits in all 10 countries it operates in for the third consecutive year.

Sales of both leisure and corporate travel increased 20%.

"Key result drivers for 2012/13 included business growth, margin improvement, productivity enhancements and diversity," Turner said in a statement.

The company expects to grow its sales network by between eight and 10 per cent this year.
 



Related News Stories:  



 

profileimage

Ian Jarrett



Most Read

Bubba O’Keefe on Clarksdale’s Vibrant Music Scene

Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee

Craig Ray and the Expansion of the Blues Trail

Presenting Mississippi’s Cultural Trails with Katie Coats

Robert Terrell: A Journey Through BB King’s Influence

Rochelle Hicks: Celebrating Mississippi’s Musical Legacy

Exploring Jacksonville with Katie Mitura: The Flip Side of Florida

Tricia Handley-Hughes of Inteletravel announces the location for the TravelQuest 2025 conference

Insights from James Ferrara on Inteletravel’s Growth and Future

Tricia Handley-Hughes on Inteletravel’s Growth and Challenges

Tony from Gatto’s Pizza on Columbus’s Unique Pizza Trail

Sophia Hyder Hock on Global Social Inclusion in Tourism
TRAINING & COMPETITION

Our emails to you has bounced travelmole.com Or You can change your email from your profile Setting Section

Your region selection will be saved in your cookie for future visits. Please enable your cookie for TravelMole.com so this dialog box will not come up again.

Price Based Country test mode enabled for testing United States (US). You should do tests on private browsing mode. Browse in private with Firefox, Chrome and Safari

true