Global Business Travel Group, Inc. Stock Price, News & Analysis

American Express Global Business Travel (NYSE: GBTG) has scheduled its second quarter 2025 financial results announcement for August 5, 2025, before market opening. The company will host an audio webcast at 9:00 AM ET featuring CEO Paul Abbott and CFO Karen Williams.

The presentation will be available through the company's Investor Relations website at investors.amexglobalbusinesstravel.com, with a replay accessible for at least 90 days following the event.

American Express Global Business Travel (NYSE: GBTG) reported strong Q1 2025 financial results with notable profit growth and margin expansion. Revenue grew 2% YoY to $621 million, while Adjusted EBITDA increased 15% to $141 million. The company achieved significant margin expansion with Adjusted EBITDA margin growing 260 bps to 23%. Key highlights include reduced leverage ratio to 1.7x, strong customer retention at 96%, and $3.2 billion in LTM Total New Wins Value. However, due to economic uncertainty, GBTG updated its FY 2025 guidance, reducing the Adjusted EBITDA midpoint by 6%. The new guidance projects revenue of $2.38-2.48 billion and Adjusted EBITDA of $480-540 million. The company also announced an amended merger agreement for CWT acquisition, reducing stock consideration from ~72 million to ~50 million shares, and maintains a $300 million share buyback program.

American Express Global Business Travel (NYSE: GBTG), a leading software and services company specializing in travel, expense, and meetings & events solutions, has scheduled its first quarter 2025 financial results announcement for May 6, 2025, before market opening.

The company will host a live audio webcast at 09:00 A.M. ET, featuring CEO Paul Abbott and CFO Karen Williams, who will present the financial performance and business outlook. The hour-long webcast will be available through the Investor Relations section at investors.amexglobalbusinesstravel.com, with replay access for at least 90 days post-event.

American Express Global Business Travel (NYSE: GBTG) has received a credit rating upgrade from Moody's Ratings, elevating from B2 to B1. This marks the second credit rating upgrade for the company in the current year.

Moody's attributed the upgrade to GBTG's strong business momentum and substantial deleveraging. The rating agency also highlighted expectations for continued margin expansion, along with strong balance sheet and cash generation capabilities.

CFO Karen Williams emphasized that this upgrade validates the company's outstanding financial results and successful execution of responsible capital allocation priorities aimed at enhancing shareholder value.

American Express Global Business Travel (NYSE: GBTG) has announced amended terms for its CWT acquisition agreement. The revised deal values CWT at $540 million, down from the original $570 million, on a cash-free, debt-free basis.

Key changes include:

• Increased fixed stock price of $7.50 per share (up from $6.00)
• Reduced share issuance to approximately 50 million shares of Class A common stock (down from 72 million)
• Cash consideration remains at $70 million
• Extension of deadline to December 31, 2025

The expected 2024 Adjusted EBITDA multiples remain consistent at 7.6x pre-synergy and 2.5x post-synergy. The extension allows time to address the U.S. Department of Justice's antitrust lawsuit filed in January 2025. The transaction's closing remains subject to regulatory approvals and customary conditions.

American Express Global Business Travel (NYSE: GBTG) has received approval from the UK Competition and Markets Authority (CMA) for its planned acquisition of CWT, a global business travel and meetings solutions provider. The approval marks a significant milestone in the merger process.

Amex GBT CEO Paul Abbott expressed satisfaction with the CMA decision, highlighting the potential benefits of the merger, including increased value and choice for customers and suppliers, along with new opportunities for CWT employees.

However, the company faces ongoing challenges as the U.S. Department of Justice (DOJ) has initiated a lawsuit against the acquisition. Amex GBT's Chief Legal Officer Eric J. Bock defended the merger, stating that the DOJ's position is fundamentally flawed and takes a narrow view of competition while ignoring the presence of numerous significant competitors in the business travel sector.

American Express Global Business Travel (NYSE: GBTG) has received a credit rating upgrade from S&P Global Ratings, raising its issuer credit rating to 'BB-' from 'B+' with a stable outlook. The upgrade reflects S&P's confidence in the company's continued strong operating performance through 2025.

CFO Karen Williams highlighted the upgrade as recognition of GBTG's strong performance, citing revenue growth, significant margin expansion, free cash flow acceleration, and balanced capital allocation as key factors contributing to the improved rating.

American Express Global Business Travel (NYSE: GBTG) reported strong Q4 and full-year 2024 results. Q4 revenue reached $591 million (up 8% YoY) with Adjusted EBITDA of $110 million (up 39% YoY). Full-year performance showed revenue of $2,423 million (6% growth) and Adjusted EBITDA of $478 million (26% growth).

Key highlights include significant margin expansion with Q4 Adjusted EBITDA margin at 19% (up 420 bps), strong customer retention at 97%, and free cash flow of $165 million. The company achieved $2.8 billion in total new wins and reduced its leverage ratio to 1.8x.

For 2025, GBTG projects 5-7% revenue growth and Adjusted EBITDA growth of 11-17% to $530-$560 million. The Board authorized an additional share buyback of up to $300 million, with 8 million shares already repurchased in private buyback.

American Express Global Business Travel (NYSE: GBTG) has received provisional clearance from the UK's Competition and Markets Authority (CMA) for its proposed acquisition of CWT, a global business travel solutions provider. The CMA has preliminarily concluded that the acquisition raises no competition concerns, with a final decision expected by March 9, 2025.

However, the company faces ongoing challenges as it defends against a lawsuit filed by the U.S. Department of Justice's Antitrust Division in January 2025, which seeks to block the transaction. GBT's Chief Legal Officer argues that the DOJ's lawsuit is fundamentally flawed, citing an outdated view of competition that overlooks emerging competitors in the business travel sector.

The acquisition, announced on March 25, 2024, remains subject to customary closing conditions and regulatory approvals. GBT's CEO states the merger would enhance investment and innovation in business travel, benefiting customers, suppliers, and CWT employees.