FY 2023 financial results, comments from our CEO and CFO
8 Feb 2024
Richard Wazacz, CEO, and Mark Freedman, CFO, talk through the Travelex FY23 financial results
2023 was the year that Travelex cemented its position as a stronger, more diversified business than ever before, in a travel market which is accelerating at pace.
- 156% increase in underlying earnings YoY
- International travel continues to rebound with 1.25 billion outbound international trips expected by 2025
- Travel cash use is anticipated to grow at an average of 14% per annum to 2028
- Increased our Travelex Money Card customer base by over 200,000, or 70% YoY
With these structural tailwinds, and strong performance, we are confident of further growth in 2024!
Hear from our CEO and CFO about what these results mean for Travelex.