CTD corporate travel management limited

Ann: FY23 Guidance Update, page-3

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    So FY2023 EBITDA (underlying) just under midway of guidance provided in Feb

    If EBITDA is tracking at ~20m per month (average since Feb23) then we are looking at ~240m for FY2024 and perhaps slightly more with the UK Bridging Accommodation & Travel Services contract (although I'm surprised that they quoted the same TTV number given the UK govt lost the court case in transporting refugees to Rwanda......perhaps it was for the domestic side)

    Anyway, seems no major surprises here and business tracking to what they communicated in Feb so lets hope that steady return to normal operations continues
 
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