Slide 1: Flight Centre Limited – Presentation by Graham Turner
For personal use only Flight Centre Limited Presentation by Graham Turner October 17, 2007
Slide 2: 2007 Full Year Results – Results in Brief
2007 Full Year Results For personal use only FY 2007 FY 2006 (adj) % Variance Results in Brief Actual ex Abnormal Actual ex Abnormal Actual ex Abnormal Total Transaction Value - TTV $8.9 b $7.8 b 14% Revenue $1.15 b $1.0 b 15% EBITDA $197.4 m $175.0 m $147.0 m $147.0 m 34% 19% EBIT $161.3 m $138.8 m
Slide 3: 2007 Overview
2007 Overview For personal use only • Record results – after tax profit exceeded $100m for first time, TTV approached $9billion • 1570 business units at June 30, up from 1443 • Increased income margin • Results fuelled by strong second half – 2H pre tax profit up 40% • Dividends up 27% at 66cents pe
Slide 4: 2008 Priorities
2008 Priorities For personal use only • Growth - shops and businesses, as well as different product ranges, a global product factory and expansion in various corporate brands. Franchising in Australia, FCm licensing and SME corporate business overseas. • Diversified revenue streams – acquisitions an
Slide 5: 2008 Progress update
2008 Progress update For personal use only Overall • Increased capex – shop of future and ‘refresh”, projects nearing completion. More than 1000 FC shops done by Xmas 2008. New head office fit-outs as needed under a new, good value, off-the-shelf design. • Acquisition opportunities – growing traditi
Slide 6: 2008 Guidance
2008 Guidance For personal use only • Targeting 10-15% TTV growth • Currently at high end of target range in good trading climate • 1H pre tax profit likely to be up 30% (excluding abnormal in PCP) • Continuing to target 15% full year pre tax profit growth 6
Slide 7: Acquisition Strategy
Acquisition Strategy For personal use only • Primarily targeting small, profitable companies with niche products and services, mainly in travel but also in other retail fields. • Will consider larger opportunities that enhance FLT’s overall operations and provide scale in a targeted international ma
Slide 8: End of Presentation – Questions
End of Presentation For personal use only Questions 8
Slide 9: Brand Diversity
Brand Diversity For personal use only Leisure Corporate • Flight Centre • FCm Travel Solutions • Ci Events • Escape Travel • Stage&Screen • Student Flights • Kistend/Campus • Travel Associates • FCm Garber • Overseas Working Holidays • Flight Centre Business Travel • Cruiseabout Online Wholesale • f
Slide 10: Unbeatable
For personal use only “Unbeatable” 10