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Corporate Travel Management Limited ( (AU:CTD) ) has issued an announcement.
Corporate Travel Management Limited reported strong first-half performance for 2025, with significant rises in underlying EBITDA for regions outside Europe, notably a 53% increase in Australia and New Zealand and a 49% increase in North America. Despite a decrease in group metrics compared to the previous period, the company achieved new client wins worth an estimated $880 million in annualized transaction value and maintained a strong balance sheet with no debt. The company is executing a strategy to double its FY24 EPS within five years, driven by market share growth, automation, and proprietary technology investments.
More about Corporate Travel Management Limited
Corporate Travel Management Limited (CTM) operates in the travel management industry, providing services such as corporate travel solutions and proprietary technology for automation. The company primarily focuses on expanding its market share and improving transaction revenue across regions including Australia, New Zealand, North America, Asia, and Europe.
YTD Price Performance: 16.55%
Average Trading Volume: 203
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $1.4B
For detailed information about CTD stock, go to TipRanks’ Stock Analysis page.
