Flight Centre revenue rose 6.5% this year

Company News

by Rachael Jones

Flight Centre (ASX:FLT) has reported a full-year net profit after tax attributable to owners of the company of $262.9 million, up 13.9 per cent on last year’s $230.7 million.

Revenue rose 6.5 per cent to $2.95 billion from $2.77 billion on the prior corresponding period.

EBITDA for this year is $441.5 million up from last year’s $402.1 million.

The report comes after the Australian Services Union says today they are in discussions with Flight Centre about issues raised concerning worker’s pay and conditions.

Final dividend $1.07 fully franked.

Shares in Flight Centre (ASX:FLT) are trading 5.63 per cent lower to $63.34.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.