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Corporate Travel Management Limited ( (AU:CTD) ) has issued an announcement.
Corporate Travel Management Limited announced potential adjustments to its FY25 financial results due to timing discrepancies in revenue and cost recognition, specifically affecting its European operations. Despite these adjustments, which are non-cash and involve restating prior earnings, the company maintains strong cash flow and no debt, with positive FY26 trading underway. The company has requested a voluntary suspension of its shares on the ASX until the final accounts are released, expected by 25 September 2025.
The most recent analyst rating on (AU:CTD) stock is a Hold with a A$16.70 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 operates in the travel management industry, providing corporate travel services across Australia, New Zealand, North America, Asia, and Europe. The company focuses on delivering efficient travel solutions to businesses, enhancing their travel experiences and optimizing travel-related expenses.
Average Trading Volume: 496,511
Technical Sentiment Signal: Buy
Current Market Cap: A$2.35B
For an in-depth examination of CTD stock, go to TipRanks’ Overview page.