Global Business Travel sees FY25 revenue $2.38B-$2.48B, consensus $2.54B

Sees FY25 adjusted EBITDA $480M-$540M. Sees FY25 free cash flow $120M-$160M. Karen Williams, Amex GBT’s Chief Financial Officer, stated: “I am incredibly pleased with our Q1 performance and our continued focus on margins. In the first quarter, we expanded our Adjusted EBITDA margin by 260bps year over year. It is clear we have a well-established playbook in transformation, and this will serve us well in times of uncertainty. Our updated guidance reflects the factors within our control to protect earnings and cash flow as we adapt to a more uncertain environment.”