Flight Centre Travel Group Limited (AU:FLT) has released an update.
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Flight Centre Travel Group has reported a substantial recovery, with a record transaction value of $23.74 billion and a 131% increase in underlying profit before tax to $320 million, showcasing strong cash generation and promising shareholder returns. The company has seen significant profit and margin improvements, indicating a positive outlook as it enters the 2025 fiscal year with a robust brand network and balance sheet. These results highlight the company’s resilience and potential for growth in the travel industry.
For further insights into AU:FLT stock, check out TipRanks’ Stock Analysis page.