Global Business Travel reports Q4 revenue $549M, consensus $541.17M

Reports Q4 adjusted EBITDA $380M. Paul Abbott, Amex GBT’s CEO, stated: “In 2023, we delivered outstanding financial results, with revenue and Adjusted EBITDA finishing above the guidance issued at the start of the year. We expect our scalable model to generate 18% to 32% Adjusted EBITDA growth in 2024 as we settle into a more stable level of industry growth. We expect 2024 will be another year of share gains, strong growth in profits and cash flow and continued margin expansion.”