Corporate Travel Management Earnings Call Transcripts
Fiscal Year 2025
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1H 2025 saw strong EBITDA and margin growth in Australia, New Zealand, and North America, offsetting Europe's transition year. Guidance for FY 2025 and FY 2026 remains confident, with robust client wins, high cash conversion, and continued investment in technology and efficiency.
Fiscal Year 2024
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Revenue and EBITDA grew strongly, with North America and ANZ leading performance, while Europe faced a transition year. Strategic focus is on technology, automation, and doubling EPS in five years, with robust governance and succession planning in place.
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Revenue and EBITDA grew, but FY 2024 missed guidance due to one-off project declines and macro headwinds. Rest of World regions showed strong 2H momentum, while Europe faces a reset year as non-recurring work ends. FY 2025 targets robust growth, margin expansion, and continued tech investment.