FLT 2.16% $17.50 flight centre travel group limited

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  1. HSP
    4,103 Posts.
    lightbulb Created with Sketch. 12
    No one compares apples to pears
    From the announcement,
    "full year underlying PBT may finish about 2%-5% down on the $366.3million PBT recorded during 2014/15"

    The management compared 2 underlying PBTs, wrongly used $366.3m instead of $363.7 imo

    The following article said,
    The management reaffirmed the company's previous guidance just over two weeks ago,
    it warns will hurt margins in the 2017 financial year.

    Read more: http://www.copyright link/brand/cha...-downturn-bites-20160523-gp1wvd#ixzz49VfTvlIp
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