BUZZ-Australia's Corporate Travel Management drops on lowered revenue outlook

Reuters
05-02
BUZZ-Australia's Corporate Travel Management drops on lowered revenue outlook

** Shares of Corporate Travel Management CTD.AX fall 11.2% to A$11.55, among top losers in the benchmark ASX200 .AXJO

** Business travel management services provider expects a 4% decrease in FY revenue, impacting EBITDA by ~A$30 million ($19.22 million)

** Says that this is due to economic and tariff uncertainty in North America and Asia, among others

** Stock fell as much as 12.7% earlier in the day, marking its worst intraday drop since August 21, 2024

** Over 1.2 mln shares change hands, ~1.9x the 30-day avg

** Stock down 13% YTD

($1 = 1.5608 Australian dollars)

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10