Flight Centre Travel Group Limited
(ASX:FLT) has enjoyed a 10 per cent rise in earnings to a record $367.5 million.
Earlier in the year Flight Centre lowered guidance and warned of write-downs to businesses in India and the US. As a result statutory profit fell 7 per cent to $323.8 million.
The company says it is targeting a 5-8 per cent rise in underlying profit in the 2015 financial year with most of the growth coming from the second half of the year.
In a separate statement Flight Centre says it will acquire 90 per cent of TopDeck Tours, a company founded 40 years ago in the UK by the travel agent’s managing director Graham Turner.
Flight Centre declared a final dividend of 97 cents per share taking its total dividend to $1.52 per share, 11 per cent higher than last year.
