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Old 23rd Aug 2016, 23:16
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log0008
 
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Qantas Profit 2016

For those who may be interested

Qantas profit information for those interested

Record underlying profit before tax: $1.53 billion, up 57%
Record statutory profit before tax: $1.42 billion, up 80%
Record results for Qantas Domestic (+20%), Qantas International (+92%) Jetstar Group (+97%) , Qantas Loyalty
Near-doubling of earnings per share: 49c, up 24c
Return on invested capital: 23%, up 6.5 points
Operating cash flow: $2.8 billion, up 38%
Net free cash flow: $1.7 billion
$500m shareholder return: fully-franked 7c per share ordinary dividend and onmarket share buy-back
Additional cash bonus totalling $75 million for 25,000 non-executive employees
Continued investment in aircraft cabins and wi-fi

REWARDING OUR PEOPLE
In recognition of their outstanding contribution, around 25,000 personnel across the Qantas Group will be eligible for a one-off $3,000 Record Result Bonus (on a full-time basis) if they are covered by an EBA that includes the 18-month pay freeze outlined as part of the Qantas Transformation program.
Combined with the bonus announced in July 2015, this now means more than $160 million in cash rewards has been set aside for non-executive employees in the past two years.
The costs of the discretionary payment will be recognised in financial year 2017, outside of underlying earnings.

And on the 787


The first Qantas Dreamliner flights will open for sale before Christmas, on Qantas International’s existing network, with other international destinations for the Dreamliner confirmed shortly afterwards; and
Qantas is working with a team of world-class designers, including Marc Newson, and university sleep experts to design the Dreamliner interiors in Economy, Premium Economy and Business to best-in-class

Also Jetstar Japan saw a full year profit - its first.

http://www.qantasnewsroom.com.au/med...r-result-2016/

Last edited by log0008; 23rd Aug 2016 at 23:34.
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