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CTM Navigates Profit Dip with Strategic Growth in North America and ANZ
6:49am on Monday 2nd of June, 2025 AEST
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Travel Services
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CTM Navigates Profit Dip with Strategic Growth in North America and ANZ
6:49am on Monday 2nd of June, 2025 AEST
Key Points
Net profit declined 42% to $28.5 million in 1H FY25
Revenue down 6% to $342.8 million; underlying EBITDA fell 23%
Strong growth in North America and Australia & New Zealand regions
Europe in transition with new corporate client wins expected to boost 2H25
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Corporate Travel Management (ASX:CTD)
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