• Record $24.5 billion TTV result, up 3% year-over-year
• $289.1 million UPBT, down 9.8% due to challenging global trading environment
• Ongoing investments in future growth drivers including Loyalty, AI, and digital transformation

Flight Centre Travel Group Ltd delivered a record $24.5 billion in TTV for FY25, up 3% year-over-year, despite a challenging global trading environment characterized by patchy trading conditions, escalating geopolitical tension, and US tariff turmoil. Underlying PBT was $289.1 million, down 9.8% from the prior year, but the company continued to invest in future growth drivers such as Loyalty, AI, and digital transformation. The corporate segment saw 2% TTV growth to $12.3 billion, with the Corporate Traveller brand on track to become a $5 billion+ per year TTV business during FY26. The leisure segment grew TTV by 6.7% to $11.8 billion, with strong contributions from specialist and independent categories. The company is proactively addressing the current volatility through targeted strategies to reduce costs, enhance productivity, and boost margins, while maintaining a positive medium to long-term outlook. Key initiatives include a $450 million capital management program, ongoing liability management to reduce outstanding convertible notes, and an on-market share buyback of up to $200 million.

For FY26, the company expects to deliver further TTV and profit growth, driven by continued momentum in its corporate and leisure divisions, as well as benefits from strategic investments in technology, AI, and new product launches. The company has also initiated a 'Fusion' project to improve operational efficiency and reduce the current $20 million per month cost base.

Flight Centre is well-positioned for future growth, with a diversified global business, a track record of TTV growth throughout the economic cycle, and a resilient sector that has historically increased year-over-year. The company is investing in growth sectors and innovation, leveraging technology to enhance its offerings and capitalize on new trends and opportunities across both the leisure and corporate sectors.