Business
The Flight Centre (ASX:FLT) share price is soaring after AGM – Motley Fool Australia
Flight Centre share price surged up 5% early today after the company announced poor results and it future strategy at its AGM
Shares in Flight Centre Travel Group Ltd (ASX: FLT) took flight in early trade today after the travel company’s annual general meeting (AGM). The share price went up more than 5% after management conveyed its beaten-down results from FY20 and the strategy going forward.
Highlights from today’s AGM
- In FY20, the company has delivered an underlying loss before tax of $510 million before one-off items, including COVID-19 induced expenses of $339 million. On a statutory basis, Flight Centre delivered…
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