Flight Centre Travel Group Limited
(ASX:FLT) has announced its underlying profit before tax has dropped by 7 per cent for FY17 to $330M.
Earnings before interest, tax, depreciation and amortization came in at $402.1M for the year.
Revenue increased marginally by 1 per cent, coming in at $2.7B.
Income margin took a 30 basis point hit, largely driven by sales being weighted more towards the lower margin corporate travel and e-commerce markets.
The company has announced a final dividend payment of 94 cents.
Shares in Flight Centre Travel Group Limited
(ASX:FLT) last traded 2.01% lower at $44.37.
