Flight Centre Travel Group Ltd (ASX:FLT) Shares Fall: What's in the Latest ASX Announcement?

Sonal Goyal

23 October 2026 02:45 PM AEDT

Flight Centre Travel Group Ltd (ASX:FLT) Shares Fall: What's in the Latest ASX Announcement?

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Flight Centre Travel Group Ltd (ASX:FLT) shares were trading 1.49% lower at $11.25 during the 23 October 2026 session.
FY26 results released on 26 August 2026 showed record total transaction value of $25.7 billion and Underlying Profit before tax of $278 million.
Dividends for FY26 totalled 42 cents per share, and the company said profit guidance will be provided at its November 2026 AGM.

Shares in Flight Centre Travel Group Ltd (ASX:FLT) were trading 1.49% lower at $11.25 during the Trading session on 23 October 2026. During the same session, the S&P/ASX 200 Consumer Discretionary index (XDJ) was up 1.77%, or 65.10 points, at 3,742.80 at 1:31 pm AEDT, the S&P/ASX 200 (XJO) was up 0.38% at 8,760.00 and the All Ordinaries was up 0.54% at 8,868.90. Flight Centre Travel Group is a travel retailer with leisure and corporate businesses. The company released its full-year results on 26 August 2026, and the share price movement on 23 October 2026 has not been linked to that release.

Latest development: FY26 group results (26 August 2026)

Flight Centre reported record total transaction value (TTV) of $25.7 billion, up 4.7%, and Revenue of $2.9 billion, up 2.5%. Underlying EBITDA was $466 million, up 3.9%, but underlying profit before tax fell 4.0% to $278 million. Statutory profit before tax was $213 million, up 0.2%, and statutory NPAT was $149 million, up 38%, helped by deferred tax asset write-offs in the prior year that lowered the FY25 base. Earnings Per Share were 70.9 cents, up 42.9%.

The company said the Middle East conflict disrupted travel in the fourth quarter, costing the leisure Business about $60 million in profit after the group had been tracking towards a $200 million leisure profit target through the third quarter. Operating cash inflow was $278 million, compared with $139 million, and the company attributed this largely to the timing of the airline billing and settlement payment cycle.

Latest development: Capital management and portfolio changes

Combined FY26 dividends rose 5% to 42 cents per share, including a 12-cent interim and a 30-cent final dividend. The company returned $87 million to shareholders through dividends, completed an initial $200 million buy-back covering 16.2 million shares and began a further $200 million buy-back in July 2026. It issued a $450 million convertible note in September 2025 to retire the 2028 notes and part-fund the Iglu cruise acquisition. It also generated about $80 million from the sale of Cross Hotels and Resorts and its minority holding in the Pedal Group joint venture.

Latest development: early FY27 trading

Flight Centre said July 2026 was a record month for TTV and that August trends were positive. Corporate trends were similar to the fourth quarter, with FY27 results expected to be weighted to the second half. The company intends to provide group profit guidance at its AGM in November 2026.

About Flight Centre Travel Group and what it does

Flight Centre Travel Group sells travel services through leisure brands, including Flight Centre and Travel Associates, and corporate brands, including FCM and Corporate Traveller. It earns revenue from commissions, fees and other income on transactions, and is expanding in cruise, touring, luxury, meetings and events, payments and expense management. The company has also been introducing AI tools across its leisure and corporate businesses.

Risks and catalysts on watch

Items flagged in the release include the disruption caused by Middle East hostilities, the lower underlying profit before tax, higher software amortisation, new leisure Lease costs and increased net interest expense, and the corporate trends remaining similar to the fourth quarter. Operating Cash Flow benefited from payment timing.

Items that may attract attention include the November 2026 AGM and profit guidance, progress on the $200 million buy-back, the integration of the Iglu cruise business and leisure trading in the peak season.

Wrapping up

Flight Centre shares were lower on 23 October 2026 while the consumer discretionary index advanced. The company's latest results of 26 August 2026 reported record TTV, mixed profit measures and higher dividends. Further updates will be released through the ASX.

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