GBTG Q2 2023 Earnings Report
Key Takeaways
American Express Global Business Travel reported strong second quarter 2023 results, including the highest quarterly revenue in the company's history. The company also returned to positive Free Cash Flow ahead of projections and raised full-year 2023 guidance.
Outstanding Q2 Results
Significant New Wins and Continued Share Gains
Excellent SME Growth
Raised Full-Year 2023 Guidance
GBTG
GBTG
GBTG Revenue by Segment
Forward Guidance
Based on our strong first half performance and what we are hearing from our customers, we are confident in our 2023 trajectory and are therefore raising our full-year guidance. We expect to deliver strong revenue growth, significant year-over-year Adjusted EBITDA margin expansion, and importantly, generate positive Free Cash Flow in the back half of the year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income