0026 GMT - Flight Centre's 1H result should shore up confidence among investors in the Australian travel agency's outlook, says Jarden. Flight Centre's pretax profit represented a 4% beat to consensus forecasts. Both of the company's operating divisions outperformed expectations. Flight Centre reaffirmed annual guidance for an underlying pretax profit of A$315 million-A$350 million, representing growth of 15% at the midpoint. "Given the 1H beat, strong start to 2H (record January Leisure profit) and easier 2H comparisons, we expect market will have greater confidence in guidance," analyst Ben Gilbert says. "We see risk increasingly looking more weighted to the upside." Flight Centre is down 2.4% at A$12.96. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
February 24, 2026 19:26 ET (00:26 GMT)
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