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Flight Centre Travel Group Limited ( (AU:FLT) ) has issued an update.
Flight Centre Travel Group has acquired UK-based brand-experience and meetings and events agency Fresh Approach, which will be integrated into its FCM Meetings & Events operation while retaining its creative identity and leadership team. Fresh is forecast to generate about £18m in turnover and £1.2m in EBITDA in FY26, immediately enhancing Flight Centre’s capabilities in creative, production and experiential services and allowing the group to offer a seamless end-to-end M&E solution in the UK.
The deal reduces Flight Centre’s reliance on third-party suppliers, improves margin capture in a UK M&E market expected to grow around 7% annually and deepens client relationships by expanding value-added services beyond traditional travel management. It also opens significant cross-selling opportunities, enabling Flight Centre to market Fresh’s services to its 2,200 UK corporate customers while offering its global travel management to Fresh’s blue-chip client base, supporting the company’s strategy to grow non-traditional revenue streams that already contribute nearly 10% of corporate sector revenue.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.75 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
More about Flight Centre Travel Group Limited
Flight Centre Travel Group Limited is a global travel services provider with a significant corporate travel management arm. Through its FCM Meetings & Events division, the company targets high-margin, fast-growing segments such as meetings, incentives and events, with a strong presence in key markets including the UK corporate sector.
Average Trading Volume: 1,395,832
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$2.5B
For a thorough assessment of FLT stock, go to TipRanks’ Stock Analysis page.

