Corporate Travel Management (CTM) is anticipating financial adjustments for Fiscal Year 2025 (FY25). The company has provided an update regarding its expected financial performance.
CTM has indicated that its profit before tax (PBT) for FY25 is likely to be at the lower end of its previously guided range. This adjustment stems from several factors impacting the company’s performance in the latter half of FY24.
The company cited softer trading conditions observed in the final quarter of FY24 as a contributing reason for the updated outlook. These conditions have led to a recalibration of CTM’s financial projections for the upcoming fiscal year.
Specific details regarding the exact figures of the lower end of the PBT guidance were not explicitly provided in the article. However, the announcement signifies a revision to CTM’s financial expectations due to the observed trading environment.
Key Points
- PBT for FY25 likely at the lower end of guidance.
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