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Corporate Travel Management Limited ( (AU:CTD) ) has shared an update.
Corporate Travel Management Limited announced its 1QFY26 results, highlighting a 6% increase in global revenues and a 29% rise in EBITDA compared to the previous year. Despite a trading suspension and ongoing audit of FY25 financial statements, the company’s operations remain unaffected, with significant customer wins and strong liquidity, evidenced by a cash balance of $168 million and no drawn debt.
The most recent analyst rating on (AU:CTD) stock is a Hold with a A$16.10 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 and has a strong market presence in corporate travel management.
Average Trading Volume: 508,438
Technical Sentiment Signal: Buy
Current Market Cap: A$2.35B
Find detailed analytics on CTD stock on TipRanks’ Stock Analysis page.
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