The thread title are the key takeaways, I suggest, from todays webcast and especially the Q&A.
Whatever reductions in size the industry will incur, post covid, FLT is looking very likely to have a substantially increased market share & at a reduced cost to boot (reduced shop foot-print). What's more, there are going to be a lot of ex-travel professionals potentially offering their services.
FLT is highlighting the unfortunate theme of C19 - the strongest players getting stronger and the smallest getting smashed.
But for shareholders of FLT - it's all looking very encouraging.
The other salient point, for investors, is that during a crisis, making valuations in a linear fashion, without contemplating market strength and wider industry implications, is a fools errand.
FLT Price at posting:
$17.50 Sentiment: None Disclosure: Held
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(20min delay)