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The latest announcement is out from Corporate Travel Management Limited ( (AU:CTD) ).
Corporate Travel Management has advised that it is still working with KPMG to finalise its FY25 financial statements, including restatements of prior periods, and expects to update the market in February 2026 on the timetable for completion. While a review with certain UK customers to determine refund liabilities continues, the company reports that its global operations and client services are running at full capacity without disruption, supported by a new financial security arrangement with the International Air Transport Association to keep all BSP-related ticketing activities fully operational. In a significant management development, CTM has terminated the employment of its UK and Europe CEO, Michael Healy, for breach of contractual obligations, with Global COO Eleanor Noonan continuing as interim regional chief while investigations into issues in the European business and future leadership arrangements remain ongoing.
The most recent analyst rating on (AU:CTD) stock is a Sell with a A$7.60 price target. To see the full list of analyst forecasts on Corporate Travel Management Limited stock, see the AU:CTD Stock Forecast page.
More about Corporate Travel Management Limited
Corporate Travel Management Limited is a global corporate travel services provider operating across Australia, New Zealand, North America, Asia and Europe. The company focuses on managing business travel for corporate clients, offering ticketing, booking and related travel management solutions supported by dedicated customer-facing teams and technology systems.
Technical Sentiment Signal: Buy
Current Market Cap: A$2.35B
For a thorough assessment of CTD stock, go to TipRanks’ Stock Analysis page.