CORPORATE TRAVEL ON THE UP

Written on the 29 October 2014

CORPORATE TRAVEL ON THE UP CORPORATE Travel Management (ASX: CTD) has revised upwards its full year underlying EBITDA guidance, which now measures as a 41.8 per cent increase on last year.

The company has advised the previous guidance of $38 to $41 million for financial year 2015 now exceeds the $41 million mark.

Managing director Jamie Pherous (pictured) says the revision comes down to USA integration going to plan, new client wins in nearly all jurisdictions and a marginal rise in average ticket prices over the last four months domestically.

CTD operates out of 37 cities in 15 countries across Australia, Asia, North America and New Zealand, and is fronted by 1500 staff.

CTD was trading up 2.6 per cent following the announcement at $9.06 per share.



Latest News

BILLABONG SHARES WIPE OUT AFTER TERMINATION OF OMNI-CHANNEL DEAL

SURFWEAR and lifestyle retailer Billabong (ASX: BBG) has suffered a share price fall of more than seven per cent afte...

IF YOU CAN SURVIVE AND BE RESILIENT, YOU CAN ACHIEVE GREAT THINGS: BRISBANE BRONCOS CEO PAUL WHITE

HE'S been the CEO of one of Australia's most iconic sports brands for seven years and under Paul White'...

MEGAPORT SHARES RISE FOLLOWING STRONG QUARTERLY RESULTS

MEGAPORT Limited (ASX: MP1) has seen its share price rise by almost two per cent following the announcement of str...

WEBJET SHARES DIVE AFTER DISPUTE WITH ACCOUNTANTS

SHARES in travel site Webjet Limited (ASX: WEB) have dropped over seven per cent after the company announced it wa...

Related News

BILLABONG SHARES WIPE OUT AFTER TERMINATION OF OMNI-CHANNEL DEAL

SURFWEAR and lifestyle retailer Billabong (ASX: BBG) has suffered a share price fall of more than seven per cent afte...

IF YOU CAN SURVIVE AND BE RESILIENT, YOU CAN ACHIEVE GREAT THINGS: BRISBANE BRONCOS CEO PAUL WHITE

HE'S been the CEO of one of Australia's most iconic sports brands for seven years and under Paul White'...

MEGAPORT SHARES RISE FOLLOWING STRONG QUARTERLY RESULTS

MEGAPORT Limited (ASX: MP1) has seen its share price rise by almost two per cent following the announcement of str...

WEBJET SHARES DIVE AFTER DISPUTE WITH ACCOUNTANTS

SHARES in travel site Webjet Limited (ASX: WEB) have dropped over seven per cent after the company announced it wa...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter