Flight Centre profit downgrade, shares slump
Flight Centre's shares take a hit after profit downgrade; analysts say slowing market and increased competition is “an unhelpful combination."
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See also: Flight Centre NZ says it can weather Australian storm
Flight Centre’s shares have taken a hit after it warned it would not meet profit expectations this year, amid an increasingly competitive travel booking market.
Shares of the ASX listed company [ASX:FLT] fell up to 17% yesterday,
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Calida Smylie
Wed, 24 Jun 2015
Wed, 24 Jun 2015
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Flight Centre profit downgrade, shares slump
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