Flight Centre Travel Group Limited · ASX:FLT
Flight Centre Travel — Flight Centre — Shareholder Meeting (November 2007)
11 slides from Flight Centre Travel's shareholder meeting presentation, Nov 1, 2007
Slide 1: Flight Centre Limited Annual General Meeting
For personal use only Flight Centre Limited Annual General Meeting November 1, 2007
Slide 2: 2007 Overview
2007 Overview For personal use only • Record results: After tax profit exceeded $100m for first time, TTV approached $9billion • Enhanced shareholder returns: Dividends up 27% at 66cents per share for year • Customer: Marketing initiatives, shop of the future, broader product range • Stronger busine
Slide 3: 2007 Full Year Results
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 4: 2007 operational highlights
2007 operational highlights For personal use only • Franchising: 17 shops opened in first year • Acquisitions: Flight Centre Travel Money (Nationwide Currency Services), Garber Travel Services (26% interest), Travel Spirit Group, Toni Brasch Event Management • Customer: Shop of future rollout fast-t
Slide 5: "Unbeatable"
For personal use only “Unbeatable” 5
Slide 6: Brand diversity
Brand diversity For personal use only Leisure Corporate • Flight Centre • FCm Travel Solutions • Escape Travel • Ci Events • Student Flights • Stage&Screen • Travel Associates • Kistend/Campus • Overseas Working Holidays • Flight Centre Business Travel • Cruiseabout Online Wholesale • flightcentre.c
Slide 7: 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 about 40% up (excluding abnormal in PCP) • Expecting at least 15% full year pre tax profit growth 7
Slide 8: 2008 Priorities
2008 Priorities For personal use only • Growth: Shops and businesses, as well as different product ranges, a global product “powerhouse” and expansion in various corporate brands. Franchising in Australia, FCm licensing and SME corporate business overseas. • Diversified revenue streams: Acquisitions
Slide 9: 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 10: Acquisitions
Acquisitions 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 market. •
Slide 11: End of presentation - Questions
End of presentation For personal use only Questions 11