CTM projects EBITDA growth of 15% to 20% for FY2019

    Corporate Travel Management (CTM) reported (22-Aug-2018) it expects full year underlying EBITDA for FY2019 to be in the range of AUD144 million (USD106 million) to AUD150 million (USD110.5 million), representing approximately 15% to 20% year-on-year growth. CTM MD and founder Jamie Pherous said the company established a global footprint in all of its primary markets and won a number of significant global clients with its new technology suite. The company stated it has “a large flow of future developments scheduled” for FY2019. [more – original PR]