CTD corporate travel management limited

Ann: Profit Guidance, page-18

  1. 1,145 Posts.
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    The results are very good - I'm not sure how you can interpret them any other way.

    The market was expecting the Europe results to be garbage and they are actually not too bad.

    The RoW results are great. North America is a key growth market and any nerves about Trump and Government cutting travel spending appear to be overblown - As per guidance, this area represents a significant growth opportunity and with the AUD/ USD exchange rate, the outlook is appears to be pretty optimistic.

    Europe was always going to be a drag, but they are better than what I was expecting.
 
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