Corporate Travel Management Reaffirmed Guidance

  • Nov 06, 2019 AEDT
  • Team Kalkine

Corporate Travel Management Limited (ASX: CTD) convened its Annual General Meeting today, and reaffirmed its full-year guidance of underlying EBITDA.

AGM Highlights:

  • CTD expects full year underlying EBITDA in FY2020 (financial year 2020) to be in the range of $165 million to $175 million.
  • The company expects slightly better performance in second half of FY2020, due to improvement in macro-economic factors significantly in Europe & Asia, among others.

By 1:08 PM AEST, CTD was trading at $18.93, up by 5.34% relative to the last close.


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