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Unformatted text preview: 3. Forecast and Valuation 3.1 Forecast 3.1.1 Sales growth rate Historical Forecast (%) 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 and beyon d Qanta s-2.7 10.0 7.6 7.9 7.5 6.8 6.3 5.7 5.5 5.2 From the figure of 2010-2011, Qantas shows a recovery from the global financial crisis, with an increase sales growth rate of about 10%. The company has suffered a significant weather events and natural disasters and grounding of A380 fleet as was showed in its financial statement. We assume regardless of those factors, the potential sales growth in 2010-2011 would be 12% as the above factors are not dominating issues. As company will continues its strategy to build long term customer value, exit pool performance routes, build new flight and induct four new A380s commenced service, Qantas is seen to be ambitious from the years on. Besides, Qantas is in a dominant position in the industry with customer base; Qantas may have a sustainable sales growth based on those factors. For the revenue of Qantas in 2011 is still lower than that of 2007, there is still a growth space of Qantas. However, the Greece debt crisis has affected the world financing market as well as the expectation of the customer. It is also believed the higher unemployment in the as the expectation of the customer....
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This note was uploaded on 01/27/2012 for the course ACCT 1501 taught by Professor Helen during the Three '09 term at University of New South Wales.
- Three '09