Flight Centre Travel Group Says Court Imposed Penalties Of $12.5 Mln On Co

Flight Centre Travel Group Says Court Imposed Penalties Of $12.5 Mln On Co

Tuesday, 3 Apr 2018 09:54pm EDT 

April 4 (Reuters) – Flight Centre Travel Group Ltd ::‍FULL FEDERAL COURT IMPOSED TOTAL PENALTIES OF $12.5 MILLION ON CO IN RELATION TO TEST CASE INITIATED IN 2012​.PENALTY WILL NOT AFFECT FLT’S MARKET GUIDANCE FOR FY18 OF AN UNDERLYING PROFIT BEFORE TAX OF BETWEEN $360M AND $385M..PENALTY WILL BE INCLUDED IN CO’S STATUTORY RESULTS FOR THE YEAR.