Corporate Travel Management
(ASX:CTD) has reported a 28 per cent jump in net profit to $22.1 million for H1 of 2017.
Revenue increased a similar amount, up 26 per cent to $150.5 million.
The company says that strong organic growth underpinned the company’s EBITDA performance, which increased 45 per cent to $40.4 million.
Corporate Travel Management also advises it is trading at the top end of underlying EBITDA guidance of $97 million for FY17, up 40.6 per cent on the previous corresponding period.
An interim, fully franked dividend of 12 cents was declared by the company.
