Revenue & TTV are fine. Double digit growth, even though a fair chunk would be via acquisitions.
By my calcs, wages (54.3% to 54.4%) and rent (6.1% to 6%) as a % of travel sales remained constant.
Marketing spend rose from 7.6 to 9.4% of sales (extra $43m yoy)
Looking at them ramping up capex, d&a have been rising as well so they need to generate a fair bit more return on their capital investment in FY17. So I think it's too early to tell at this stage, I'll wait till 1h 17 results for now.
Happy to give management benefit of doubt, for now.
News: FLT Australia, NZ shares subdued amid mixed earnings reports, page-10
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FLT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$17.00 |
Change
0.020(0.12%) |
Mkt cap ! $4.754B | |||
| Open | High | Low | Value | Volume |
| $17.01 | $17.18 | $16.98 | $18.14M | 1.024M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6735 | $17.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.01 | 75 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| FLT (ASX) Chart |
