Share price slumps after profit warning

Original article by Matt O’Sullivan
The Australian Financial Review – Page: 15 : 24-Jun-15

Australian-listed Flight Centre Travel Group has advised that its 2014-15 underlying profit before tax will be within the range of $A355m to $A365m. Its previous guidance was for earnings of $A360m to $A390m, with the downgrade attributed to factors such as competition from online travel groups and slowing growth in Australia’s domestic travel market. Flight Centre shares closed nearly 14 per cent lower at $A37.51 on 23 June 2015.

CORPORATES
FLIGHT CENTRE TRAVEL GROUP LIMITED – ASX FLT, AIRBNB AUSTRALIA PTY LTD, BOOKING.COM BV, PRICELINE.COM, GAINSDALE PTY LTD, MACQUARIE EQUITIES LIMITED

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