Flight Centre Travel Group Ltd

FLT: XASX (AUS)
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Flight Centre Reports In-Line Fiscal 2025 Results

Business Strategy and Outlook

A wave of covid-19-induced damages has been inflicted on Flight Centre since March 2020. However, the measures to execute a drastic reduction in costs (cuts to store network/leases, staff, marketing), combined with the AUD 697 million equity capital raising in April 2020 and the subsequent solid recovery in travel activities, have stabilized the no-moat-rated group.

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