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Flight Centre Travel Group Provides FY 2020 Half Year Results

27 Feb 2020  |  08:45:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: FLT FY20 Half Year Results Release

Flight Centre Travel Group provided FY 2020 half year results. The $102.7m underlying result was achieved off the back of record global sales, with TTV for the six months to 31 December 2019 reaching $12.4bn and surpassing the record FY 2019 1H result by $1.2bn. FY 2020 1H growth was driven by client retention and record account wins, with the business securing new contracts valued at $US940m (annualised spend) through to the end of January 2020, including an enterprise-level account with a total contract value exceeding US$1bn.

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