Flight Centre (FLT) today announced record results for the first half of the 2013/14 fiscal year
Livewire
Flight Centre (FLT) today announced record results for the first half of the 2013/14 fiscal year. The company achieved a $155million profit before tax (PBT) for the six months to December 31 2013, a 19.7% increase on the record $129.5million PBT achieved during the first half of 2012/13. FLT's first half PBT included an $8.7million one-off gain related to the Flight Centre Global Product (FCGP) wholesale business. Excluding this gain, which is outlined in greater detail in a footnote to this announcement**, the company's underlying PBT increased 13% to $146.3million. Actual net profit after tax (NPAT) reached $110.8million, up 20.7%, while underlying NPAT was $104.7million, 14.1% growth on the $91.8 million NPAT achieved during the previous corresponding period (PCP). Actual earnings per share reached 110.3 cents, up 20.3% on the PCP. Results summary available here: (VIEW LINK)
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