QANTAS ANN. sp might go a little crazy!
QANTAS FIRST-HALF FINANCIAL RESULT1 New investment in lounges, wi-fi and pilot recruitment
RECORD PERFORMANCE; SHARE BUY-BACK; INVESTMENT FOR CUSTOMERS, EMPLOYEES
Key points:
Underlying profit before tax: $921 million, up $554 million
Statutory profit before tax: $983 million, up $694 million
Revenue: $8.5 billion, up 5 per cent
Operating cash flow: $1.4 billion, up 95 per cent
Free cash flow: $770 million, up $576 million
Rolling 12-month ROIC: 22.8 per cent
Earnings per share: 31.9 cents, up 22.7 cents
$500 million on-market share buy-back
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