Corporate Travel Management: FY2019 TTV up by 30%

21 August, 2019

Corporate Travel Management announced (21-Aug-2019) the following FY2019 highlights:

  • Total transaction value (TTV) increased by 30% to AUD6.46 billion (USD4.38 billion), driven by market share gains in all operating regions;
  • EBITDA rose 20% to AUD150.1 million (USD101.8 million), at the top end of guidance;
  • Statutory net profit after tax attributable to owners of CTM increased 12% to AUD86.2 million (USD58.4 million);
  • Reported operating cash flow conversion rate of 113%. [more - original PR]