The Flight Centre Travel Group Ltd (ASX: FLT) share price is in focus today after the company delivered record total transaction value (TTV) of $25.7 billion for FY26, alongside a strong 43% lift in earnings per share (EPS) to 71c, and a 5% increase in full-year dividends to 42c per share.

What did Flight Centre Travel Group report?

• TTV rose 4.7% to a record $25.7 billion
• Revenue grew 2.5% to $2.9 billion
• Underlying EBITDA increased 3.9% to $466 million
• Statutory NPAT jumped 38% to $149 million
• EPS climbed 43% to 71c per share
• Final fully franked dividend of 30c, bringing total FY26 dividends to 42c per share (up 5%)

What else do investors need to know?

Despite an impressive run through the first three quarters, Flight Centre faced a $60 million Q4 profit hit in leisure travel from heightened Middle East tensions, slowing TTV growth for the full year. Corporate travel proved resilient, with profit growth outpacing TTV, and Corporate Traveller surpassing $5 billion TTV for the first time.

The company sharpened its focus on capital management, completing $400 million in share buy-backs and issuing a $450 million convertible note. FLT also generated $80 million in cash from non-core asset sales, including Cross Hotels and Resorts and its Pedal Group stake.

What did Flight Centre Travel Group management say?

Flight Centre’s CEO, Graham Turner, commented:

FY26 was a story of mixed fortunes for our company – nine months of strong momentum and progress, interrupted by three months of external disruption that left profit broadly in line with FY25. Through the first three quarters we were tracking well ahead of the prior year in both leisure and corporate.

Then, in Q4, the Middle East conflict disrupted travel patterns, That was an external shock, not a change in the leisure business’s underlying strength, and momentum is already returning, with July TTV at record levels for the month. The $200m profit the business was on track to achieve during FY26 remains a viable, medium-term target given that travel downturns are historically short and followed by rapid rebounds.

What’s next for Flight Centre Travel Group?

Early trading in FY27 is encouraging, with the leisure division delivering record July TTV and a strong profit pipeline, especially in cruise and long-haul outbound travel. Management expects corporate profits to be weighted towards the second half of FY27, factoring in ongoing Middle East instability, up-front expansion spending, and the timing of major new account ramp-ups.

Looking ahead, Flight Centre is focusing on cost discipline, digital initiatives—including AI to enhance the customer experience—and further market share growth. Earnings guidance for FY27 will be provided at the AGM in November.

Flight Centre Travel Group share price snapshot

The Flight Centre share price has traded flat over the past 12 months, compared to a modest gain of almost 3% for the S&P/ASX 200 index (ASX: XJO).

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The post Flight Centre Travel Group delivers record year despite Q4 challenges appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Flight Centre Travel Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Perseus Mining Ltd (ASX: PRU) share price is in focus after the company reported record FY26 results, with profit after tax rising 14% to $480.5 million and revenue up 19% to $1.48 billion.

What did Perseus Mining report?

• Revenue of $1.484 billion, up 19% year on year
• Net profit after tax of $480.5 million, up 14%
• EBITDA of $860.5 million, up 16%
• Operating cash flow of $666.4 million, up 24%
• Final dividend of 9 cents per share, full-year dividend of 14 cents, up 87%
• Cash and bullion holdings of $1.03 billion

What else do investors need to know?

Perseus Mining completed $126 million of its $150 million FY26 share buyback, and renewed its buyback program with approval to invest up to $350 million more over the next year. The company’s strong balance sheet is supported by an undrawn US$400 million debt facility.

Perseus is also planning a further $100 million distribution to shareholders from the proceeds of the Meyas Sand Project sale in Sudan, pending final structure and approvals. A revised capital management policy sets a minimum dividend of 20% of post-NCI operating cash flow.

Project progress remains strong, with the Nyanzaga Gold Project in Tanzania now 67% complete and on track for first gold pour in January 2027.

What did Perseus Mining management say?

Perseus’s Managing Director and CEO, Craig Jones, said:

Perseus has delivered a record financial result for FY26 delivering on production and cost guidance again, a reflection of the Company’s ongoing commitment to delivering on its priorities. Strong gold prices supported our delivery of record net operating cash flow of $666 million, up 24% year on year, enabling a record year for shareholder returns. Today we announced a final dividend of 9 cents per share taking our full year dividend to 14 cents, up 87%, alongside A$126 million in on-market share buy-backs during the year.

FY26 was also a year of major project momentum with our Nyanzaga Gold Project in Tanzania on track for first gold pour in January 2027 and the achievement of first gold pour from the CMA underground in Côte d’Ivoire.

Our Mineral Resource and Ore Reserve update released today demonstrates Perseus’s ongoing ability to grow its resources, with a 37% increase in Measured and Indicated Resources and a 40% increase in Proved & Probable Reserves compared to FY25.

What’s next for Perseus Mining?

Looking ahead, Perseus expects gold production for FY27 between 420,000 and 480,000 ounces, with all-in site costs forecast between US$1,835 and US$2,070 per ounce. Development focus remains on bringing Nyanzaga online, with commercial production planned for Q4 FY27.

The company also aims to maintain a robust capital management strategy, with a focus on returning value to shareholders through dividends and share buybacks, while prioritising project execution and sustainability outcomes.

Perseus Mining share price snapshot

Perseus Mining’s share price has outperformed the S&P/ASX 200 index (ASX: XJO) over the past 12 months with a 65% gain, reflecting strong earnings and record shareholder distributions.

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The post Perseus Mining delivers record profit and higher dividends in FY26 appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

Electro Optic Systems Holdings Ltd (ASX: EOS) shares had a day to remember on Tuesday.

The defence and space company’s shares rocketed 23% to $10.58 following the release of its half-year results.

Does this mean it is too late to invest? Let’s see what Bell Potter is saying about the popular stock.

What is the broker saying?

Bell Potter highlights that EOS reported underlying EBITDA that was 4% above its estimates in the first half of FY 2026 thanks to better than expected gross margins. It commented:

EOS pre-reported +283% YoY revenue growth to $169m, supported by +322% YoY growth in Defence (BPe +310%) and -4% YoY decline in Space (BPe +31%). EBITDA was $21.6m (4% beat vs. BPe) driven by higher-than-expected gross margins offset partially by higher opex which reflected a 42% YoY expansion in headcount as EOS scales geographic presence for further order book growth plus MARSS sign on bonuses. Statutory NPAT of -$33.7m was materially lower than expectations and driven completely by fair value adjustments to contingent consideration of the MARSS acquisition.

Another positive was the release of an update on its guidance for FY 2026. Bell Potter points out that management is expecting revenue to be significantly better than both it and the market were expecting. The broker explains:

EOS has completed its review of CY26 revenue outlook (including the base business and the newly acquired MARSS business) and now expects full-year revenue to be in the range of $360-400m substantially above BPe of $316m and consensus of $320m. This guide is not conditional on securing future orders. On 12 August 2026, EOS issued a bank guarantee of British £37.1m ($70.9m) to a prospective government customer in the Middle East. This deposit suggests signing of a major Middle East contract is imminent. 

In the past, EOS has provided guarantees of 5-20% of the contract value, however, it is feasible that guarantees could be a much higher percentage suggesting potential contract value of between $140-700m. EOS also provided a market development update which detailed several new material opportunities including 1x >$300m follow-on production HELW systems and 5x major MARSS opportunities.

Should you buy EOS shares?

According to the note, Bell Potter has retained its buy rating and $12.60 price target on EOS shares.

Based on its current share price, this implies potential upside of almost 20% for investors over the next 12 months.

Commenting on its buy recommendation, the broker said:

Retain Buy. EOS is positioned as a C-UAS market leader leveraged to increasing budget allocations to C-UAS tech. The next 3-12 months is catalyst rich for EOS.

The post What is Bell Potter saying about EOS shares after its results? appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Electro Optic Systems. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.