Corporate Travel Management Limited reported updated earnings guidance for the year ending 30 June 2017. The company reiterated EBITDA guidance of $85 million -$90 million for the year ending 30 June 2017. As a result of both performance to date and the projected impact of these acquisitions, CTM's updated fiscal year 2017 underlying EBITDA guidance is $92 million -$97 million, representing 33%-41% growth on fiscal year 2016 EBITDA, noting that Redfern and AJT are expected to contribute approximately $7.0 million for the 5-month period (Feb 2017 - June 2017). On an annualised forecast basis, Redfern and AJT would contribute approximately $17.0 million EBITDA to CTM. Updated Guidance accounts for CTM's performance year to date and also assumes that Client activity and FX remain steady at current levels.