Flight Centre's Bull Sees Cruise Agency Deal as Strategically Sound -- Market Talk

Dow Jones

Dec 17, 2025

0223 GMT - Flight Centre Travel Group's acquisition of U.K. online cruise agency Iglu appears strategically sound to its bulls at Morgans. The analysts note the high-margin cruise sector offers strong growth within the travel industry and aligns with the Australian travel agency's plan to expand in the sector. The acquisition multiple was reasonable for an online business and is immediately earnings-per-share accretive, the analysts say in a note. Morgans lifts its FY 2026, FY 2027 and FY 2028 net profit before tax projections by 3.2%, 5.3% and 5.2%, respectively to reflect the acquisition. Morgans raises its target price to A$18.38 from A$15.65 and retains its buy recommendation, citing undemanding trading multiples for the stock. Shares rise 0.8% to A$15.07.(megan.cheah@wsj.com)

(END) Dow Jones Newswires

December 16, 2025 21:23 ET (02:23 GMT)

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The analysts note the high-margin cruise sector offers strong growth within the travel industry and aligns with the Australian travel agency's plan to expand in the sector. The acquisition multiple was reasonable for an online business and is immediately earnings-per-share accretive, the analysts say in a note. Morgans lifts its FY 2026, FY 2027 and FY 2028 net profit before tax projections by 3.2%, 5.3% and 5.2%, respectively to reflect the acquisition. Morgans raises its target price to A$18.38 from A$15.65 and retains its buy recommendation, citing undemanding trading multiples for the stock. Shares rise 0.8% to A$15.07.(megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 16, 2025 21:23 ET (02:23 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Flight Centre's Bull Sees Cruise Agency Deal as Strategically Sound -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFlight Centre's Bull Sees Cruise Agency Deal as Strategically Sound -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-12-17 10:23</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0223 GMT - <a href=\"https://laohu8.com/S/FGETF\">Flight Centre Travel</a> Group's acquisition of U.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. online cruise agency Iglu appears strategically sound to its bulls at Morgans. The analysts note the high-margin cruise sector offers strong growth within the travel industry and aligns with the Australian travel agency's plan to expand in the sector. The acquisition multiple was reasonable for an online business and is immediately earnings-per-share accretive, the analysts say in a note. Morgans lifts its FY 2026, FY 2027 and FY 2028 net profit before tax projections by 3.2%, 5.3% and 5.2%, respectively to reflect the acquisition. Morgans raises its target price to A$18.38 from A$15.65 and retains its buy recommendation, citing undemanding trading multiples for the stock. Shares rise 0.8% to A$15.07.(megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 16, 2025 21:23 ET (02:23 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7070","symbol_name":"酒店、度假村与豪华游轮","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2592952059","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2592952059","pubTimestamp":1765938180,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0223 GMT - Flight Centre Travel Group's acquisition of U.K. online cruise agency Iglu appears strategically sound to its bulls at Morgans. The analysts note the high-margin cruise sector offers strong growth within the travel industry and aligns with the Australian travel agency's plan to expand in the sector. The acquisition multiple was reasonable for an online business and is immediately earnings-per-share accretive, the analysts say in a note. Morgans lifts its FY 2026, FY 2027 and FY 2028 net profit before tax projections by 3.2%, 5.3% and 5.2%, respectively to reflect the acquisition. Morgans raises its target price to A$18.38 from A$15.65 and retains its buy recommendation, citing undemanding trading multiples for the stock. Shares rise 0.8% to A$15.07.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7070":"酒店、度假村与豪华游轮","FLT.AU":"FLIGHT CENTRE TRAVEL GROUP L"},"translate_title":"飞行中心的看涨者认为邮轮代理交易在战略上是合理的——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FLT.AU":0.9},"content_text":"0223 GMT - Flight Centre Travel Group's acquisition of U.K. online cruise agency Iglu appears strategically sound to its bulls at Morgans. The analysts note the high-margin cruise sector offers strong growth within the travel industry and aligns with the Australian travel agency's plan to expand in the sector. The acquisition multiple was reasonable for an online business and is immediately earnings-per-share accretive, the analysts say in a note. Morgans lifts its FY 2026, FY 2027 and FY 2028 net profit before tax projections by 3.2%, 5.3% and 5.2%, respectively to reflect the acquisition. Morgans raises its target price to A$18.38 from A$15.65 and retains its buy recommendation, citing undemanding trading multiples for the stock. Shares rise 0.8% to A$15.07.(megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 16, 2025 21:23 ET (02:23 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}