AUD Impact, page-35

Just my 2 cents worth...

From internal updates the AUD fall doesn't have as much impact to TTV as much as the market believes. Punters usually changes their plans to suit (e.g shorter holidays, destinations etc).

I think from memory the UAE are looking at expanding operations past Dubai and will have a good profit to their size.

Singapore are also expanding beyond their county and into another country.

FLT bought a Mexican operation, but I don't think any profits won't be evident for this report.

The board understands that the Australian operation is the major contributor to profits and they want to turn that around. They want other countries to profit more and I think they will.

Also there has been a lot of redundancies in the backend support staff to reduce costs.

Disclosure....I work for FLT and my job is also on the line

I haven't sold any shares and I'm also buying more through the employee share program.