Corporate Travel Management growth continues on international expansion
Written on the 21 February 2018 by Ben Hall
Corporate Travel Management (ASX: CTD) has reported a statutory net profit rise of 38 per cent to $30.6 million for the half year as its strategic international expansion yields positive results for the company.
The company's original guidance for FY18 is for underlying earnings before interest, tax, depreciation and amortisation (EBITDA) of between $120 million and $125 million which is a 22 to 27.5 percent increase on the prior corresponding period.
Business News Australia
Author: Ben Hall