GBTG Raises 2025 Revenue Growth Outlook to 2%-4%, Accelerates Share Repurchases and CWT Integration

Global Business Travel Group raised its 2025 revenue growth outlook to 2%-4% and accelerated share repurchases and CWT integration. The company delivered Q2 2025 financial results ahead of expectations, achieving over $500 million in adjusted EBITDA.

Global Business Travel Group (GBTG) has made significant strides in its financial performance and strategic initiatives. The company recently reported its Q2 2025 financial results, which exceeded expectations, and announced an updated outlook for the full year 2025. GBTG raised its revenue growth projection to a range of 2% to 4%, up from previous expectations [1].

The company's CEO, Paul Abbott, highlighted the strong performance during the earnings call, noting that the company delivered financial results ahead of expectations and reached a significant milestone with over $500 million in adjusted EBITDA over the last 12 months. The adjusted EBITDA margin expanded by 70 basis points to 21% during the quarter [2].

In addition to the financial results, GBTG also announced plans to accelerate its share repurchase program and complete the acquisition of CWT. The U.S. Department of Justice's dismissal of its challenge to the acquisition has cleared the way for the transaction to close in the third quarter [2]. The CWT acquisition is valued at $540 million on a cash-free, debt-free basis, and CWT shareholders will own approximately 10% of the combined company upon closing [2].

The company's CFO, Karen Williams, stated that the updated guidance incorporates expectations for 4% revenue growth in H2, half driven by recent trend improvements and half by FX. Williams also raised the full-year adjusted EBITDA growth guidance to a range of 6% to 13%, or $505 million to $540 million, with a midpoint of $523 million [2].

GBTG's stock price has been positively impacted by the company's strong performance and strategic initiatives. The company's share repurchase program and the expected synergies from the CWT acquisition are expected to drive shareholder value. Analysts remain optimistic about the company's growth prospects, with a focus on the integration of CWT and the potential for continued margin expansion [2].

References:
[1] https://www.marketscreener.com/news/gbtg-global-business-travel-group-expects-full-year-2025-revenue-range-2-46b-2-52b-vs-factse-ce7c5edbd080ff20
[2] https://seekingalpha.com/news/4479409-global-business-travel-group-raises-2025-revenue-growth-outlook-to-2-percentminus-4-percent