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Flight Centre Travel Group Limited (ASX:FLT)

ALERT: Price-sensitive ASX Announcement for FLT
Current share price for FLT : $11.710 -0.1 (-0.85%)+
Release
17 Jun 2026 8:16AM
Price at Release
$11.810
Full Release
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Summary
Flight Centre Travel Group Limited (FLT) has updated its FY26 profit guidance due to the impact of a Middle East conflict on international leisure travel. The company now anticipates an underlying profit before tax (UPBT) of $275m-$295m for the fiscal year ending June 30, 2026, which is lower than the previously targeted $310m-$345m range. Despite the disruption, FLT's corporate business remains strong, with profit growth expected to continue. The company has also announced a $200m share buy-back, reinforcing confidence in its recovery and growth potential. FLT's strategy focuses on strengthening its leisure sector and expanding in growth areas like cruise and luxury travel, backed by a new World360 Rewards program.
Key Points
  • FY26 profit guidance revised to $275m-$295m UPBT.
  • Impact due to Middle East conflict affecting leisure travel.
  • Corporate business expected to deliver strong profit growth.
  • Up to $200m share buy-back announced.
  • Strong underlying performance with 10% UPBT growth in the first three quarters.
  • Introduction of AI and automation to enhance productivity and customer experience.
  • Continued focus on cost discipline and strategic investments.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.