News: Flight Centre affirms annual growth target

.

Flight Centre Limited (ASX:FLT) says the company is performing in line with its 5-8 per cent annual growth target and expects to reach its full year targets if this trend continues. 

 

The travel agent has forecast a full year profit before tax of between $305 and $315 million, up from $290 million the year before. 

 

Speaking at the company’s annual general meeting yesterday Managing Director Graham Turner says Flight Centre is experiencing similar trends to last year with growth in corporate business outpacing the leisure business in most countries. 

 

Mr Turner has confirmed Flight Centre’s strategic goals include accelerating corporate travel growth and improving efficiency within its retail travel business globally. 

 

Flight Centre posted a net profit of $200 million in the 2012 financial year.