Flight Centre Travel Group Limited · ASX:FLT
Flight Centre Travel — Flight Centre — Deutsche Bank Briefing (June 2010)
8 slides from Flight Centre Travel's conference presentation, Jun 1, 2010
Slide 1: Flight Centre Limited Deutsche Bank Briefing
For personal use only Flight Centre Limited Deutsche Bank Briefing June 1, 2010 By Andrew Flannery chief financial officer 1
Slide 2: 2010 – the story so far
2010 – the story so far For personal use only Strong growth – actual pre-tax profit likely to be $190million-$200million PROFIT Range represents 90%-100% growth on normalised 08/09 result Good volumes – ticket numbers at record levels with cheap fares stimulating demand SALES TTV likely to be slight
Slide 3: 2010 – segmental performance
2010 – segmental performance For personal use only Strong performance in leisure and corporate travel AUSTRALIA On track for record full year profit UNITED Pleasing results – FLT’s largest profit contributor outside of Australia KINGDOM On track to surpass 2008/09 despite economic turmoil, ash cloud
Slide 4: Recent highlights
2010 – recent highlights For personal use only LOWEST AIRFARE Powerful new customer promise introduced GUARANTEE Highlights FC brand’s commitment to beating airline, web and travel agency prices LIBERTY First new Liberty shop opened in USA in more than two years EXPANSION Two more set to open by Jun
Slide 5: Outlook
Outlook For personal use only Expected result will be FLT’s second strongest full year profit 2009/10 Result achieved despite low airfare yields, lower than normal interest earnings and slower corporate travel recovery No assets currently impaired IMPAIRMENT Monitoring US current and forecast perfor
Slide 6: Strategic priorities
Strategic priorities For personal use only INDIA & Improve the return on FLT’s investment in these emerging countries THE USA Ensure the company’s “One Best Way” operating culture is in place in all brands and ONE BEST WAY businesses LEADERSHIP Attract and retain more of the right leaders SALES Proc
Slide 7: The Aussie dollar
The Aussie dollar For personal use only GLOBAL FLT’s customers travel globally DIVERSITY The company’s fortunes are not linked to any one international currency IMPACT OF Normal exchange rate shifts do not typically lead to fundamental travel pattern shifts FLUCTUATIONS Travellers adjust plans – upg
Slide 8: End of presentation – Questions
End of presentation For personal use only Questions 8