CTD.ASX: Award of material customer contract

Award of material customer contract

Stock	Corporate Travel Management Ltd (CTD.ASX)
Release Time	10 Aug 2026, 10:07 a.m.
Price Sensitive	Yes

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Corporate Travel Management awarded new UK MoD contract

Key Points

Awarded new UK MoD contract for Afghan Resettlement Programme
Expected to generate £28 million in TTV in first six months
CTM has been exclusive provider since February 2025

Full Summary

Corporate Travel Management Limited (ASX:CTD) has been awarded a new contract by the UK Ministry of Defence (MoD) to support the ongoing Afghan Resettlement Programme. This contract is expected to continue until the programme concludes. CTM has been the exclusive provider of these services since February 2025. Based on current forecasts, CTM expects to generate approximately £28 million in Total Transaction Value (TTV) during the first six months of the contract. The revenue under the contract is volume-dependent and not fixed. CTM is pleased to continue supporting the UK Government and this important programme.

Guidance

Expected to generate approximately £28 million in TTV in first six months

Outlook

The contract is expected to continue until the Afghan Resettlement Programme concludes, with revenue being volume-dependent.