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Flight Centre Accelerates Cruise Growth with £122m Iglu Acquisition
7:00am on Thursday 11th of December, 2025 AEDT
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Travel & Leisure
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Flight Centre Accelerates Cruise Growth with £122m Iglu Acquisition
7:00am on Thursday 11th of December, 2025 AEDT
Key Points
Acquisition of UK’s leading online cruise agency Iglu for £122 million
Annualised cruise-related transaction value to exceed $2 billion in FY26, two years ahead of plan
Deal expected to be earnings per share accretive in FY26 with £27 million in performance earnouts
Upgraded FY26 profit guidance to $315m–$350m reflecting Iglu’s contribution
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