FLT 0.12% $17.00 flight centre travel group limited

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

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    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
 
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