Flight Centre today confirmed it will post a record profit for the 2013/14 financial year and expects increased earnings over the next 12 months.

It expects to make a pre-tax profit of between $375m to $377m on revenue of more than $16bn for the year to June 30.

That’s 9% – 10% more than the previous year, also a record result.

MD Graham Turner said  seven of the 10 markets in which it operates – Australia, UK, US, New Zealand, South Africa, China and Singapore – posted their best ever result.

He said FLT is looking forward to continued sales and profit gowth during 2014/15.

Mr Turner added that FLT has $480m cash and is open to strategic acquisitions.

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