Flight Centre Travel Group Limited · ASX:FLT
Flight Centre Travel — Morgans Queensland Conference (October 2023)
13 slides from Flight Centre Travel's conference presentation, Oct 20, 2023
Slide 1: Presentation to Morgans Queensland Conference
For personal use only Presentation to Morgans Queensland Conference Graham Turner (CEO) October 20, 2023
Slide 2: FLT: Overview
FLT: Overview About the business ... For personal use only Diversified business with four key business divisions operating 01 05 Compelling customer offerings driving ongoing organic growth in four key geographic divisions (ANZ, EMEA, Americas & Asia) Highly experienced senior leadership team (Taskf
Slide 3: Diversified global business with four key divisions
Diversified global business with four key divisions For personal use only CORPORATE LEISURE SUPPLY GLOBAL BUSINESS SERVICES • A top-four global TMC with • Transformed leisure business • Procuring and delivering widest • Currently establishing a presence in circa 100 countries with structurally lower
Slide 4: Highly experienced leadership team in place
Highly experienced leadership team in place 220 years of combined travel industry experience with circa 20 years average tenure within FLT For personal use only Adam Campbell James Kavanagh Charlene Leiss Steve Norris Chief financial officer CEO - Leisure MD - Americas MD - EMEA Skroo Chief executiv
Slide 5: Strong corporate culture
Strong corporate culture Clear company purpose – “To sustainably open up the world for those who want to see” For personal use only CORE VALUES OF IRREVERENCE, OWNERSHIP & EGALITARIANISM 10 key philosophies (Appendix 1) built around: TAKING 4 RESPONSIBILITY 1 OUR PEOPLE 8 ONE BEST WAY EGALITARIANISM
Slide 6: Established recipe for success (SMaC)
Established recipe for success (SMaC) OUR PEOPLE & CULTURE For personal use only A positive and productive people culture in leadership, empowerment and ownership. We are experts in Travel, Bikes, Events, Education and Recruitment & Training. Our people are the right people with the right expertise&
Slide 7: Compelling customer offerings
Compelling customer offerings Driving organic growth in both the leisure & corporate travel sectors For personal use only • 40+ year history of delivering value to customers • Blending people & technology in both leisure & corporate sectors to deliver customers a differentiated service that can be c
Slide 8: Healthy financial position
Healthy financial position Well placed to capitalise on opportunities during post-COVID recovery For personal use only • Circa $1.4b in cash and investments at June 30, 2023 • Cash flow patterns now back to normal seasonal patterns – modest 1H operating cash outflows, followed by stronger 2H inflows
Slide 9: Focus on shareholder value creation
Focus on shareholder value creation Investing in key long-term growth drivers, while also targeting significant profit margin uplift in near-term For personal use only • Cost base structurally lower after changes made during the pandemic but includes significant investment in people, product and tec
Slide 10: FY24: Outlook (as outlined in FLT's FY23 results)
FY24: Outlook (as outlined in FLT’s FY23 results) Further recovery expected For personal use only Trading Update • Performing in line with expectations in early FY24 trading • Strong TTV & profit growth to date, v weaker trading climate early in FY23 Full industry recovery expected in CY24 & passeng
Slide 11: End of Presentation - Questions?
For personal use only END OF PRESENTATION QUESTIONS?
Slide 12: Appendix 1: FLT's Philosophies
Appendix 1: FLT’s Philosophies OUR PEOPLE 01 We For personal use only care about our colleagues’ health and wellbeing, their personal and professional development, and their financial security. We believe that work should be challenging and fun for everyone and through work we contribute to our comm
Slide 13: Appendix 1: FLT's Philosophies (cont.)
Appendix 1: FLT’s Philosophies (cont.) OWNERSHIP & ENTREPRENEURISM For personal use only 06 We believe each individual in our company should have the opportunity to share in the company’s success through outcome-based incentives, profit share, BOS (franchises) and Employee and Leadership Share Schem
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