Flight Centre Travel Says Q3 TTV Up 6.8% Year-on-Year to AU$7 Billion, Shares Up 4%
Flight Centre Travel (ASX:FLT) said third-quarter total transaction value (TTV) rose 6.8% on the fiscal third quarter ended March 31 to AU$7 billion, or 9.4% in constant currency, with underlying profit before tax (UPBT) up 18.5% to AU$102.6 million, according to a Tuesday Australian bourse filing.The company said cash stood at AU$916 million and net debt at AU$313 million as at March 31, with fiscal year 2026 UPBT guidance unchanged at AU$315 million to AU$350 million, though it is continuing to closely monitor the impact of world events on short-term results.The company said leisure results were heavily affected in April, with an estimated profit impact of about AU$10 million for the month, while the global corporate business has not been significantly impacted to date, though the company is monitoring possible flow-on effects from higher airfare pricing and macroeconomic factors if volatility continues, with any impact more likely to affect early in the fiscal year 2027.Potential fiscal fourth-quarter foreign exchange headwinds on overseas profit translation, given the Australian dollar's strength, are also being monitored, it added.The company's shares rose 4% in recent Tuesday trade.
