News: FLT Flight Centre Travel says underlying FY17 PBT to be at lower-end or below initial guidance

Feb 23 (Reuters) - Flight Centre Travel Group Ltd (FLT) :

• Believe that underlying FY17 PBT is likely to be at lower-end or below initial guidance, result between $300 million and $330 million is more likely
• Recent india and china acquisitions are not expected to materially affect 2H results
• Translation of uk results remains issue and yoy differences in average airfare prices are not yet narrowing to extent we anticipated
• In line with normal seasonality in USA, stronger 2H results are expected; overall U.S. business to be profitable by end of month