Browsing Tag
Corporate Travel Management Limited
2 posts
Corporate Travel Management (ASX: CTD) returns to profit but ÂŁ80m UK refund crisis dominates
Corporate Travel Management returned to statutory profitability and lifted underlying EBITDA 36%, but the resumption of ASX trading exposed how severely investors have repriced the company after its customer-remediation crisis.
Corporate Travel Management (ASX:CTD) wins UK Defence contract with ÂŁ28m six-month TTV forecast as ASX deadline nears
Corporate Travel Management has secured further UK Ministry of Defence work supporting the Afghan Resettlement Programme, with £28 million of transaction value forecast over the first six months. The award strengthens the operational case for customer continuity, but delayed financial statements and CTD’s continuing ASX suspension remain the more immediate investor tests.