Amex GBT Receives Credit Rating Upgrade; S&P Global Ratings Upgrades the Company to BB-
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) ha ricevuto un upgrade del rating creditizio da S&P Global Ratings, portando il suo rating creditizio a 'BB-' da 'B+' con un outlook stabile. L'upgrade riflette la fiducia di S&P nella continua forte performance operativa dell'azienda fino al 2025.
Il CFO Karen Williams ha sottolineato l'upgrade come un riconoscimento della forte performance di GBTG, citando la crescita dei ricavi, un'espansione significativa dei margini, l'accelerazione del flusso di cassa libero e un'allocazione equilibrata del capitale come fattori chiave che hanno contribuito al miglioramento del rating.
American Express Global Business Travel (NYSE: GBTG) ha recibido una mejora en su calificación crediticia por parte de S&P Global Ratings, elevando su calificación crediticia a 'BB-' de 'B+' con una perspectiva estable. La mejora refleja la confianza de S&P en el continuo sólido desempeño operativo de la empresa hasta 2025.
La CFO Karen Williams destacó la mejora como un reconocimiento al sólido desempeño de GBTG, citando el crecimiento de los ingresos, una expansión significativa de los márgenes, la aceleración del flujo de caja libre y una asignación equilibrada de capital como factores clave que contribuyeron a la mejora de la calificación.
아메리칸 익스프레스 글로벌 비즈니스 여행 (NYSE: GBTG)는 S&P 글로벌 레이팅으로부터 신용 등급 상향 조정을 받아 'BB-'에서 'B+'로 발행자 신용 등급이 상승했으며, 안정적인 전망을 보이고 있습니다. 이번 상향 조정은 S&P가 2025년까지 회사의 지속적인 강력한 운영 성과에 대한 신뢰를 반영합니다.
CFO 카렌 윌리엄스는 이번 상향 조정을 GBTG의 강력한 성과에 대한 인식으로 강조하며, 수익 성장, 상당한 마진 확장, 자유 현금 흐름 가속화, 균형 잡힌 자본 배분을 개선된 등급에 기여하는 주요 요소로 언급했습니다.
American Express Global Business Travel (NYSE: GBTG) a reçu une mise à niveau de sa notation de crédit par S&P Global Ratings, portant sa note d'émetteur à 'BB-' de 'B+' avec une perspective stable. Cette amélioration reflète la confiance de S&P dans la performance opérationnelle continue et solide de l'entreprise jusqu'en 2025.
La CFO Karen Williams a souligné cette mise à niveau comme une reconnaissance de la forte performance de GBTG, citant la croissance des revenus, une expansion significative des marges, l'accélération des flux de trésorerie disponibles et une allocation équilibrée du capital comme des facteurs clés ayant contribué à l'amélioration de la notation.
American Express Global Business Travel (NYSE: GBTG) hat von S&P Global Ratings eine Heraufstufung der Kreditwürdigkeit erhalten, wodurch die Emittentenbonität auf 'BB-' von 'B+' mit einem stabilen Ausblick angehoben wurde. Die Heraufstufung spiegelt das Vertrauen von S&P in die weiterhin starke operative Leistung des Unternehmens bis 2025 wider.
CFO Karen Williams hob die Heraufstufung als Anerkennung für die starke Leistung von GBTG hervor und nannte Umsatzwachstum, signifikante Margenausweitung, Beschleunigung des freien Cashflows und ausgewogene Kapitalallokation als Schlüsselfaktoren, die zu der verbesserten Bewertung beigetragen haben.
- Credit rating upgrade from B+ to BB- by S&P Global Ratings
- Strong revenue growth performance
- Significant margin expansion
- Accelerating free cash flow
- Stable outlook from S&P
- None.
The upgrade reflects S&P’s view that “the company’s operating performance will remain strong in 2025.”
Karen Williams, CFO of Amex GBT, stated: “We are pleased with the credit rating upgrade and view it as recognition of our strong results including revenue growth, significant margin expansion, free cash flow acceleration and a balanced approach to capital allocation.”
About American Express Global Business Travel
American Express Global Business Travel (Amex GBT) is a leading software and services company for travel, expense, and meetings & events. We have built the most valuable marketplace in travel with the most comprehensive and competitive content. A choice of solutions brought to you through a strong combination of technology and people, delivering the best experiences, proven at scale. With travel professionals and business partners in more than 140 countries, our solutions deliver savings, flexibility, and service from a brand you can trust – Amex GBT.
Visit amexglobalbusinesstravel.com for more information about Amex GBT. Follow @amexgbt on Twitter, LinkedIn and Instagram.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250228615938/en/
Media:
Megan Kat
Senior Director Global Communications
megan.kat@amexgbt.com
Investors:
George Anderson-Brown
Vice President of Finance
investor@amexgbt.com
Source: Global Business Travel Group, Inc.
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