FLIGHT Centre has lifted its first half profit more than 20.7 per cent thanks to strong sales growth in both corporate and leisure travel.
The company on Wednesday said it had made a net profit of $110.8 million for the six months to December 31, up from $91.8 million a year ago.
Revenue increased 15 per cent to $1.05 billion during the half, thanks to strong online and in store sales growth in both corporate and leisure travel.
Managing Director Graham Turner said four businesses - Australia, the UK, Singapore and China - had helped the company deliver record first half earnings (EBIT).
But, he added: "The Australian business has, so far, been the key contributor to overall results although we have also seen continued growth in offshore earnings".
Meanwhile, the company continued to expand its store network, with 2,643 stores in operation as of the end of 2013, an 8.2 per cent increase on the previous year. It had created an additional full-time jobs during the year.
Flight Centre said it had also increased in-store productivity and lifted its income margin slightly to 14.1 per cent during the half.
The company said it expects to post a pre-tax profit of between $370 million and $385 million for the full 2013/14 financial year, up between eight and 12 per cent on the underlying 2012/13 result.
"The company sees growth opportunities in all markets and will continue to focus on its seven strategic priorities that lead to what we refer to as our Killer Theme - our evolution from travel agent to world class travel retailer," he said.
Flight Centre announced an fully-franked interim dividend of 55 cents per share, up from 46 cents per share a year ago.
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