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The latest update is out from Flight Centre Travel Group Limited ( (AU:FLT) ).
Flight Centre Travel Group reported a record total transaction value of $24.5 billion for FY25, despite facing challenges like geopolitical tensions and a downturn in leisure travel to the USA. The company’s underlying profit before tax was $289.1 million, aligning with revised expectations, although statutory profit before tax saw a slight decline from FY24. The company is implementing strategies to address market volatility, aiming to maintain cost efficiency while enhancing productivity. The corporate sector showed resilience, with Corporate Traveller outperforming in the US market, and the company is poised for future growth with new initiatives like a leisure loyalty program.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$13.70 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 operates in the travel industry, providing services in both leisure and corporate travel sectors. The company focuses on delivering travel solutions and has a strong presence in markets like the US and UK, with offerings that include digital enhancements and a loyalty program.
Average Trading Volume: 1,117,054
Technical Sentiment Signal: Sell
Current Market Cap: A$2.86B
For a thorough assessment of FLT stock, go to TipRanks’ Stock Analysis page.