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Global Business Travel reports Q1 EPS 16c, consensus 17c

Reports Q1 revenue $621M, consensus $633.54M. Reports Q1 total transaction value $8.35B. Paul Abbott, Amex GBT’s Chief Executive Officer, stated: “In the first quarter, we delivered on our commitments, with strong profit growth, margin expansion and cash generation. Investments in our software and services are driving share gains and productivity improvements. Our strong and flexible operating model positions us well to navigate through a more uncertain environment.”

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