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FLT — Flight Centre Travel News Story

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Australia's Flight Centre Travel falls after FY profit miss estimates

BUZZ-Australia's Flight Centre Travel falls after FY profit miss estimates

** Shares of Flight Centre Travel FLT.AX fall as much as 9% to A$11.80, hitting their lowest level since July 24

** Stock set for weakest intraday trading session since March 2, if current trends hold

** Travel manager posts FY statutory NPAT of A$149 mln ($106.74 mln), missing Visible Alpha consensus estimates of A$160 mln

** Co says FY performance was hurt by continued disruption from Mideast conflict

** Says conflict continues to affect business in the Mideast region for company's corporate segment

** Expects corporate segment profit to be weighted to H2 FY27

** Stock down 17.3% YTD, including the session's moves


($1 = 1.3959 Australian dollars)


(Reporting by Shivangi Lahiri in Bengaluru)

((shivangi.lahiri@thomsonreuters.com))

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