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CTM Holds Client Retention Above 97% Despite Q1 Earnings Pressure
4:53pm on Wednesday 11th of November, 2026 AEDT
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Travel and Travel Technology
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CTM Holds Client Retention Above 97% Despite Q1 Earnings Pressure
4:53pm on Wednesday 11th of November, 2026 AEDT
Key Points
Underlying EBITDA fell 33.6% in constant-currency terms to A$23.5 million
Q1 TTV reached A$2.5 billion, up 1.9% on a constant-currency basis
Client TTV retention exceeded 97%, with A$258 million in new wins
IATA guarantee release is expected to reduce working capital needs by about A$30 million
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Corporate Travel Management (ASX:CTD)
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