In early afternoon trade the Corporate Travel Management Ltd (ASX: CTD) share price is up almost 3% to a 52-week high $23.89
This latest gain means that the travel management company's shares have provided shareholders with a year-to-date return of over 30%.
Investors appear to have been impressed with the company's strong performance this year.
This strong performance led to the company updating its full-year guidance in May.
Due to accelerated market share gains during the second-half of FY 2017, the company expects full-year underlying EBITDA to be a minimum of $97 million.
Previous full-year guidance given was for EBITDA between $92 million and $97 million.
If it delivers on its guidance it will mean an impressive 40.6% increase in EBITDA on the prior corresponding period.
