Global Business Travel Group, Inc. (GBTG) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the American Express Global Business Travel fourth quarter and full year 2024 earnings conference call. As a reminder, please note today's call is being recorded. I will now turn over the call to the Vice President of Finance, George Anderson-Brown. Please go ahead. Hello and good morning, everyone. Thank you for joining us for our fourth quarter 2024 earnings conference call. This morning, we issued an earnings press release, which is available on sec.gov and on our website at investors.amexglobalbusinesstravel.com. A slide presentation which accompanies today's prepared remarks is also available on the Amex GPT investor relations webpage. We would like to advise you that our comments contain forward-looking statements that represent our beliefs or expectations about future events, including industry and macroeconomic trends, cost savings, acquisitions, and acquisition synergies, amongst others. All forward-looking statements involve risks and uncertainties that may cause actual results that differ materially from the statements made on today's conference call. More information on these and other risks and uncertainties is contained in our earnings release issued this morning and our other SEC filings. Throughout today's call, we will also be presenting certain non-GAAP financial measures, such as EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted operating expenses, free cash flow, and net debt. All references during today's call to such non-GAAP financial measures have been adjusted to exclude certain items. Definition of these terms and the most directly comparable GAAP measures and reconciliations for non-GAAP measures are available in the supplementary materials of this presentation and in the earnings release. Participating o...