Jeffrey Harlib's questions to Sabre Corp (SABR) leadership • Q1 2025
Question
Jeffrey Harlib of Barclays inquired about the implementation progress of new business wins and the risk of slippage given the back-half weighted growth. He also asked about the drivers for lower-than-expected technology and G&A costs in Q1 and the outlook for these expenses.
Answer
CEO Kurt Ekert stated that implementations are 'right on track' with good visibility and low execution risk. CFO Michael Randolfi explained that the company expects to realize about $100 million in savings from its tech transformation initiative this year. He also updated the full-year SG&A outlook from slight growth to 'roughly flat' based on the current environment.