ASX:FLTHospitality
Assessing Flight Centre Travel Group’s Valuation After Its Robust Third Quarter Trading Update
Why Flight Centre’s latest trading update matters for investors
Flight Centre Travel Group (ASX:FLT) shares were in focus after a third quarter trading update showed underlying profit before tax up 9.7% and total transaction value up 7.6% for the nine months to 31 March.
The company highlighted contributions from both corporate and leisure travel, reiterated its full year underlying profit before tax target of A$315 million to A$350 million, and acknowledged ongoing industry challenges and...